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UNRG United Energy Corporation (PK)

0.0477
0.00595 (14.25%)
29 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
United Energy Corporation (PK) USOTC:UNRG OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00595 14.25% 0.0477 0.0367 0.0477 0.0477 0.0422 0.0477 28,200 20:25:20

United Energy Corporation Expands Product Sales In Nigeria

22/04/2008 3:32pm

PR Newswire (US)


United Energy (PK) (USOTC:UNRG)
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SECAUCUS, N.J., April 22 /PRNewswire-FirstCall/ -- United Energy Corporation (OTC:UNRG) (BULLETIN BOARD: UNRG) (the "Company") announced today its second round of sales of two containers of KX-91 tank remediation product in Nigeria. KX-91 is used to clean and remediate large oil tank storage facilities from oil sludge buildup in an environmentally safe process which results in the recovery of substantial amounts of oil. The second round of sales follows the successful use of KX-91 in a pilot program for the remediation of oil storage tanks. Nigeria has many tanks which are in need of safe and efficient remediation. The KX-91 process literally liquefies the buildup of sludge, while at the same time, recovering valuable oil. Historically, tank remediation projects in Nigeria have resulted in dangerous conditions to personnel and have resulted in damage to the environment. Ronald Wilen, Chief Executive Officer, stated, "The acceptance we are getting from Nigeria is exceptional. Our products are gaining greater acceptance because oil producers, whether they be government run or private, are starting to realize the positive impact our products have on oil production capacity, while safeguarding the environment. Our strategy remains consistent: increase our revenue base by providing our customers with innovative, high quality, cost effective products, while at the same time expanding our presence and distribution chains worldwide." Forward-looking Statements Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in the product and technology development, market acceptance of the new products and continuing product demand, the impact of competitive products and pricing, changing economic conditions, including changes in short-term interest rates and foreign currency fluctuations and other risk factors detailed in the Company's most recent periodic reports, pursuant to the Securities and Exchange Act of 1934, and other filings with the Securities and Exchange Commission. United Energy Corporation Contact: Robert Guinta (201) 842-0288 DATASOURCE: United Energy Corporation CONTACT: Robert Guinta of United Energy Corporation, +1-201-842-0288,

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