United Energy Reports Superlative Results From its Venezuelan Tests
August 24 2004 - 9:39AM
PR Newswire (US)
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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