United Energy Announces Second Order Within A Six Week Period From PDVSA, World's Fourth Largest Oil Company
December 14 2004 - 8:39AM
PR Newswire (US)
United Energy Announces Second Order Within A Six Week Period From
PDVSA, World's Fourth Largest Oil Company Orders For United
Energy's KX-91 Chemicals Increasing in Size SECAUCUS, N.J., Dec. 14
/PRNewswire-FirstCall/ -- United Energy is pleased to announce the
receipt of its second order from Petroleos de Venezuela (PDVSA) in
excess of $440,000. Brian F. King, CEO of United Energy, stated
that "United Energy continues to be committed to providing
innovating solutions to the oil and gas industry through the
delivery of our patented line of specialty chemicals, which have
proven extremely effective in increasing oil flow in wells
suffering from severe paraffin and asphaltene problems. PDVSA is an
important United Energy customer, and we anticipate that more
orders will follow as we continue to provide innovative solutions
for PDVSA's down-hole and pipeline problems." This press release
contains forward-looking statements. Such statements refer to the
Company's beliefs and expectations. Forward-looking statements are
subject to certain risks and uncertainties that could cause actual
results to differ materially from those described. Such
uncertainties include, but are not limited to, the timely
completion of new products, regulatory approvals for new products,
the risk of new and better technologies, risks relating to
international markets, as well as general conditions and
competition in the company's markets. Other risk is set forth in
United Energy's reports and documents filed from time to time with
the Securities and Exchange Commission. Contact: CCRI Malcolm
McGuire 1-800-828-0406 DATASOURCE: United Energy CONTACT: Malcolm
McGuire of CCRI, 1-800-828-0406, , for United Energy Web site:
http://www.unrg.net/
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