IRVINE, Calif., March 7, 2011 (GLOBE NEWSWIRE) -- Universal Bioenergy Inc. (Pink Sheets:UBRG), a publicly traded energy company, announced today, that several of its key executives, and its acquisition team are in talks with representatives to acquire oil and gas properties to develop in Louisiana. The Company intends to obtain agreements to purchase natural gas and other fuels directly from the wellhead, to market directly to its customers.
Universal Bioenergy In Talks For Acquisition Of Oil & Gas Properties To Develop In Louisiana
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