United Energy Reports Superlative Results From its Venezuelan Tests Improvement in Well Production Ranges from 46% to 21000/0 SECAUCUS, N.J., Aug. 24 /PRNewswire-FirstCall/ -- PPVSA, the world's fourth-largest oil company, has reported the results of four representative wells that were treated with United Energy's KX-19 chemical. Testing occurred between May 16, 2004 and July 26,2004. Results were as follows: Production Wells Treated For PDVSA with KX-91 BNPD: Barrels Net Per Day PROD. DATE DATE TREATED PROD.DATE WELL LOCATION BEFORE KX-91 AFTER GS-41 GUARA OESTE 24 BNPD. 16/05/04 19/06/04 35 BNPD. 21/06/04 11 M-254 BATE RIA-6 55 BNPD 26/06/04 3/7/2004 371 BNPD 08/07/04 GVJ-6 aSTRA 89 BNPD 24/06/04 18/06/04 158 BNPD 26/06/04 GS-230 Guara-14 12 BNPD 16/07/04 26/07/04 270 BNPD 13/08/04 United Energy Chairman Ronald Wilen stated, "In a world where oil demands escalate daily, and oil prices spiral out of control, it is imperative that we maximize the value of existing reserves and infrastructure. United Energy, with its patented chemicals and S-2 technology is uniquely equipped to make a major contribution towards meeting the world's energy needs. By providing superior cleaning to refineries and heat exchangers, sludge tanks, pipelines, and aging oil wells, we enable the energy industry to make the most of what it already has. Years of research and development have singularly prepared United Energy to reduce the pressures on the world's existing resources." For further information, contact Malcolm McGuire, CCRI Corporation, at 1-800-828-0406 or CCRI has a vested interest in the companies featured on this website. All of the stock issues discussed on the various pages of the CCRI web site and/or this report are present or past clients of CCRI. CCRI at any time may be either a buyer or seller of these particular stocks. CCRI is compensated by these same companies through expense recapture, monthly fees, retainers, stock warrants, or options. CCRI is neither a broker dealer nor an investment advisor. Nothing contained herein should be construed either as an offer to sell or a solicitation to buy. Comments are based on information that we deem reliable, but no warranties can be made. DATASOURCE: United Energy Corporation CONTACT: Malcolm McGuire of CCRI Corporation, 1-800-828-0406, Web site: http://www.unrg.net/

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