IRVINE, Calif., Aug. 28, 2012 (GLOBE NEWSWIRE) -- Universal Bioenergy Inc., (OTCMarkets:UBRG), a publicly traded independent diversified energy company, that markets natural gas, propane, and produces petroleum and coal, has continued sales of commercial coal from the Whitesburg Friday Branch Mine (WFBM) in Whitesburg, Kentucky and has begun generating revenue. The Company forecasts the sales of coal could generate an estimated average of $52.80 million in revenues and an estimated $5 million to $8 million in earnings annually.
Universal Bioenergy Starts Generating Revenues From Coal Sales From Whitesburg Coal Mine
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