UVSE - Universal Energy Corp.is an independent diversified Energy Company
Universal Energy
Corp. is an independent diversified energy company engaged in the acquisition of crude oil and natural
gas leases in the United States and Canada. With two energy business subsidiaries, Universal Explorations
Inc. and Universal Energy Services Inc., we pursue oil and gas prospects in partnership with oil and gas
companies with exploration, development and production expertise.
CURRENT PROSPECTS
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SHARE STRUCTURE / INCORPORATION INFO
Transfer Agent:
Our ta info is as follows:
Michael Ajzenman, President
Madison Stock Transfer Inc.
PO box 145
Brooklyn, NY 11229-0145
msti@verizon.net
tel: 718-627-4453
fax: 718-627-6341
Share count
(as of 7/23/0
AS: 250MM
OS: 249.9MM
Incorporation Information
Incorporated: Delaware - please refer to https://sos-res.state.de.us/tin/GINameSearch.jsp for further information on UVSE
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Billy
Raley, Chief Executive Officer
Mr. Raley serves as the CEO and Director of Universal Energy
Corp. (UEC), a diversified energy company currently focused on oil and gas exploration. He previously
held the position of Regional Vice President for Progress Energy Florida, Inc.. Prior to joining Progress
Energy Florida in 2002, he was the Vice President of Transmission for Carolina Power & Light, also a
Progress Energy Company. In that position he was responsible for the construction and maintenance of all
transmission facilities in North and South Carolina. Mr. Raley’s background is comprised of over 25
years of energy industry experience, including expertise in the areas of Transmission and Distribution
Operations, Construction and Maintenance, and Nuclear Generation.
Mr. Raley currently serves
as a trustee of Stetson University and is the Past-Chairman of the Foundation Board of Seminole Community
College. He also serves on the Cystic Fibrosis Executive Committee and is Chairman of the Seminole County
Regional Chamber of Commerce.
He is a Dean’s List graduate of the Georgia Institute of
Technology with a degree in Electrical Engineering. In addition, Mr. Raley is a member of IEEE as well as
having served on the NESC main committee and AEIC EPAC committe.
Dyron M. Watford, Chief
Financial Officer
Mr. Watford, a Certified Public Accountant, was appointed to serve as our
Principal Accounting Officer and was elected to serve as a director of the company in November 2002.
Since August 2000, Mr. Watford has served as the president, sole stockholder and director of Sirus
Capital Corp, Inc., a consulting company providing financial services to existing and emerging private
and public companies. From December 1998 to August 2000, Mr. Watford was an auditor for Arthur Andersen,
LLP. Mr. Watford obtained a Master of Business Administration degree from the University of Central
Florida in December 1998.
Advisory Board
The Advisory Board provides strategy
formulation, guidance and decision-making support to assist Universal Energy's executive management and
Board of Directors in growing the business.
Derek J. Gillespie has over 30 years experience
in oil and gas exploration and development. After obtaining a degree in Engineering Science from the
University of Toronto, his career has included assignments in Canada and internationally with Amoco (now
BP) and Hunt Oil Company of Dallas, Texas. Mr. Gillespie is currently an independent consultant
specializing in the acquisition and interpretation of geophysical data used in the search for commercial
accumulations of hydrocarbons. His consulting practice has provided advice to clients in Canada and the
United States, Southeast Asia and Africa. Mr. Gillespie is a registered Professional Engineer in the
Province of Alberta, Canada and makes his home in Calgary.
Peter Forrest, P. Eng. has over 40
years in the resource business. During the past five years Mr. Forrest has focused on the oil and gas
wire line services. Mr. Forrest provides project management skills to prospect evaluations, corporate
matters, lease acquisitions, lease presentations, negotiations, contracting specialists and other related
matters. During his career, Mr. Forrest has been involved in the field supervision of large open pit
mining operations, project engineering and management roles both internationally and in Canada. He has
worked for the Alberta Energy Utilities Board, metal mines, oil sand operations and coalmine operations
engineering. Throughout his career, Mr. Forrest has had a keen interest in operational research projects,
field-testing products and resolving problems using innovative ideas and products by recognizing
applications across various industries. Mr. Forrest and his wife Joanna live in Calgary.
Zen
Buss, a University of Tulsa graduate of Petroleum Engineering is also a Professional Engineer in the
Province of Alberta. He is a “proven prospect generator” of Conventional oil and gas plays and has
also identified heavy oil opportunities. Alberta has always been his main focus of his interest. Zen has
provided several significant “company making” ideas/opportunities that were developed by companies
while doing his job for non-operating organizations, Indian Oil and Gas Canada, the EUB. His experience
with several public and private oil and gas companies has added to his diverse experience in the oil and
gas business. Zen’s knowledge of Geology has been learned over the years and has been of considerable
help in identifying oil and gas potential. Zen along with his wife Christene and children Kyle and
Kassandra live in Calgary.
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