United Energy States That 'E' on Its Symbol Is in Error
August 26 2004 - 12:13PM
PR Newswire (US)
United Energy States That 'E' on Its Symbol Is in Error SECAUCUS,
N.J., Aug. 26 /PRNewswire-FirstCall/ -- An "E" indicating a late
filing status changing United Energy's symbol from "UNRG" to
"UNRGE" is an error. United Energy is in total compliance on all of
its filings and anticipates that the "E" designation should be
promptly resolved. United Energy chairman Ronald Wilen stated,
"This error occurred at a particularly inopportune time as United
Energy was reporting superlative results from utilization of its KX
-91 chemical in Venezuela by PDVSA, the world's fourth largest oil
company. Results were as follows with well production increases
ranging from 46% to 2100% Production Wells Treated For PDVSA with
KX-91 WELL LOCATION PROD. DATE DATE TREATED KX-91 PROD.DATE BEFORE
AFTER GS-41 GUARA OESTE 24 BNPD. 16/05/04 19/06/04 35 BNPD.
21/06/04 11 M-254 BATERIA-6 55 BNPD 26/06/04 3/7/2004 371 BNPD
08/07/04 GVJ-6 OSTRA 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 The
superior cleaning action of the entire portfolio of UNRG's 15
patented chemicals plus the S-2 technology is a clear cut answer to
the world's maximum utilization of its existing oil resources."
CONTACT: Malcolm McGuire CCRI Financial Group 1-800-828-0406
DATASOURCE: United Energy Corporation CONTACT: Malcolm McGuire of
CCRI Financial Group, 1-800-828-0406, , for United Energy Web site:
http://www.unrg.net/
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