HOUSTON, March 25 /PRNewswire-FirstCall/ -- Universal Energy Corp. (OTC Bulletin Board: UVSE), an emerging U.S. oil and gas exploration and production company, announced today the launch of its acquisition plan for 2009.

"The decline in commodity prices over the past few months has brought about opportunities like I've never seen before," commented Billy Raley, Chief Executive Officer of Universal Energy Corp. Raley continued, "We fully intend to acquire both producing properties and high impact assets over the next few months to continue building our portfolio along with providing value opportunity for our stockholders."

Universal Energy Corp. is currently in discussions regarding the acquisition of producing and exploration assets that will enhance its growth potential and add stockholder value. These assets would be consistent with current properties along with providing the company with additional drilling opportunities. Management evaluates opportunities on a case-by-case basis and focuses on assets in, or close proximity, to established fields which provide the opportunity to add to the Company's reserves and exploration portfolio.

Universal Energy Corp. is a publicly traded (OTCBB: UVSE - News) energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States. We pursue oil and gas prospects in partnership with oil and gas companies with exploration, development and production expertise. Our prospect areas consist of lands in Louisiana and Texas. Visit www.universalenergycorp.info for more details.

Forward Looking Statements - The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein. 

    CONTACT:
    Universal Energy Corp.
    Billy Raley, CEO, (800) 975-2076
    braley@universalenergycorp.info

SOURCE Universal Energy Corp.