Strong Buy Recommendation : otcbb – UDCCF
Its time to have an oil company in your Investment Portfolio that will perform - While you watch UNIVERSAL DOMAINS INC (OTC: UDCCF) RECENT SHARE PRICE $.027 52 WEEK HIGH $.085 52 WEEK LOW $0.007 FISCAL YEAR END Dec 31 SYMBOL UDCCF SHARES OUTSTANDING 119 Million MARKET CAP. $3.1 Million HIGHLIGHTS: Working interest in 5 domestic oil fields with proven oil reserves to be estimated at a minimum of 50 mil barrels of oil and 5.8 billion cubic feet of gas. The fields have been calculated to produce 5,525 barrels of oil per day collectively. Revenue is expected to be $1,250,000,000. Rights to low cost, low risk shallow Oil Fields secured. Usually wells require less than $100k to bring into full production. Norris Harris (chairman) has been in the Oil business since 1956, working 12+ years as a geophysicist with Exxon/Mobil, and was the founder and President of Centex oil, which traded on the NYSE. Centex Oil. Mr. Harris formed Basin Exploration Inc, which was on the AMEX and later bought out by TEXACO. Universal Domains Inc (OTC UDCCF) now owns a 75% working interest in 5 oil fields located in the USA. The proven reserves are estimated at 50 mil barrels of oil and 5.8 billion cubic feet of gas. All of these fields have relatively shallow wells which are cheaper to drill and produce from and considered lower risk than deeper wells. The potential revenues are calculated at $25 per barrel (under the current market $30.75), Project A: Located at a depth of 11,000 feet has produced significant amounts of oil from a depth of 12,000 in the past. The sand at 11,000 has been overlooked for years most likely due to low resistivity reading fectric log. However, after completion of a reservoir engineering study, it is est that a minimum of 4.1 million barrels of oil and 5.8 billion cubic feet of gas will be recovered from this prospect. Production should be a minimum of 800 barrels per day just from the initial phase. Reserves should be 7 million barrels of oil. Project B: The original operator of this field recovered several million barrels of oil and gas from producing sand but overlooked another sand layer 20 feet deeper separated by shale break. These wells will be re-completed and 3 additional wells will be drilled to recover reserves. A minimum of 7 million barrels of oil is expected and this project should generate 625 barrels a day Project C: This lower Cretaceous project that ranges in depth from 6,500 to 7,500 feet cover about 800 acres. One well was drilled on the flank of the structure and encountered 100 feet of oil pay, in multiple sands, with good porosity and permeability. The remainder of this project has not been drilled. The potential is 10 million barrels of oil reserves and 1,000 barrels of oil per day. Project D: has a depth of 9,000 feet. The entire structure will need to be developed by drilling 17 new wells. 10 million barrels of oil and 2,100 barrels per day is estimated. The structure covers about 1,350 acres. Project E: This is the Eutaw project at a depth of 3,500 feet. It covers about 1,600 acres. Twenty new wells will be drilled in a proven reservoir to exploit remaining reserves. The gravity of the oil is 20 degrees so the new wells will be drilled on 20-acre spacing. 12 million barrels of oil is estimated to be recovered and initial production should be 1,000 barrels per day. In compliance with the Securities Act of 1933, Section 17(b), Emerging Stock Alert discloses the receipt of 500,000 unrestricted shares of udccf from a third party for the publication of this report. Be aware of an inherent conflict of interest resulting from such compensation due to our intent to profit from the liquidation of these shares. Shares may be sold at any time, even after positive statements have been made regarding the above company. All factual information in this report was gathered from public sources, including but not limited to SEC filings, Company Press Releases, and Market Guide. Emerging Equity Alert believes this information to be reliable but can make no guarantee as to its accuracy or completeness. Use of the material within this email constitutes your acceptance of these terms. ****** Advertising Disclaimer ****** We are an Internet Advertising Company and have received a monetary payment for this mailing service. We hold no stocks and have no personal interest in this company whatsoever. We are simply being paid to perform a service. This message is a copy of a BioCurex press release. ****** Removal Instructions ****** This message has been sent to you in compliance with our strict anti-abuse regulations. 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