Experience & Profitability
United Energy Corporation (OTC:UNRG) is a diversified oil and gas producer based in Plano, TX with a 50-year history in the energy, manufacturing, and mining industries. The Company’s new post-pandemic corporate directive includes exploration, development, production, technology and storage.
Our premier holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana. United Energy owns or has operations in over 250,000+ acres of leasehold, 3,200+ wells, and 1,100 miles of natural gas pipelines.
Our objective is, and always has been, to maximize our resources for the highest possible gain to our shareholder and company while building a solid foundation of profitable, sustainable assets.
Our leadership team has over 150 years of combined experience which includes key performance areas such as: Investment strategies, acquisitions, development of more than 500,000 acres of oil and gas leasehold, extensive experience in the securities industry, and energy field operations at every level.
With the goal of sustained financial performance for the long-term, United Energy is determined to provide shareholder value.
We believe with our expertise, experience, and strategy, we will accomplish that goal!
"Our corporate direction can be summed up in three words, Profitability, Responsibility, and Sustainability." CEO Brian Guinn
ANNOUCEMENTS
September 7, 2023
Audit / SEC Filing Update.
United Energy has experienced significant growth and success in recent years. Our decision to become a fully reporting SEC company is a strategic move to enhance transparency, strengthen investor confidence, and unlock new opportunities for both the company and our shareholders.
August 1, 2023
We announced today a joint venture partnership with Bridge Energy, LLC of Houston, Texas.
The strategic partnership aims to leverage the expertise and resources of both companies to expand UNRG's processing capabilities of Liquified Natural Gas (LNG), and unlock its immense potential as a clean and versatile energy source.
October 26, 2022
Entered into a securities purchase agreement and convertible debt financing of up to $5 million. This funding completes UNRG's Stage 1 financing plan for the development of UNRG's Cherokee Basin oil and gas assets and related projects.
August 5, 2022
UNRG has engaged EXCEL Midstream Solutions, Houston, Texas as its strategic design, permitting, & engineering partner. EXCEL provides civil, structural, mechanical, fabrication, & electrical engineering & construction services.
Strategy
United Energy is a trusted energy partner with a proven track record of integrity, efficiency, and the highest standards in the industry.
Our approach is to scientifically identify and evaluate trends for solid opportunities while mitigating risks. We maintain a disciplined strategy in execution, all the while positioning the company for future growth.
Along with our substantial holdings, acquired since our founding in 1971, we have proven our merit as an innovator in the natural gas and oil industry. As we continue to bring our stakeholders value and profitability, we strive to respect, safeguard, and revere the environment and communities by adhering to strict standards of health and safety.
These endeavors form the foundation of our asset optimization to bring value to our workforce and stakeholders in an environment of safety, productivity, profit, and growth. Sustained financial strength is always based on sound leadership.
Our commitment to investing in superior infrastructure allows for rapid, profitable growth while ensuring conscientious sustainability. Maintaining transparency and responsible leadership permits us to continually build better relationships, increase business performance, and create trusted partnerships.
CORPORATE COMMITMENT
Chairman & CEO, Brian Guinn: “United Energy embraces comprehensive engineering and production practices that protect the environment and reduce costs.
As we carry on our tradition of commitment and responsibility to our people, we are no less invested in their safety, the environment, and sustainability.”
As a member of the American Petroleum Institute (API), we help support more than 10 million jobs in the United States. API’s membership produces, processes, and distributes “the majority of the nation’s energy.”
Community Conscience With Long-Term Sustainability In Mind.
Operational Responsibility
United Energy embraces comprehensive engineering and production practices that protect the environment and reduce costs. As we carry on our tradition of commitment and responsibility to our people, we are no less invested in their safety, the environment, and sustainability.
Lean exploration and production of natural gas and oil is driven by a national effort toward an independent and self-sustaining society. The very components that make an enterprise successful are the same principles that will make our country prosperous – a high level of personal and business ethics, unity, resilience, individuality, determination, and practicing sound financial decisions.
EXPLORATION & PRODUCTION
As a result of the pandemic, we divested of lesser performing non-core assets and marginal oil producing leases in order to position our company for success in the Williston Basin in North Dakota and Montana.
United Energy has invested heavily in cleaner, more reliable forms of energy production with its Natural Gas asset base in Oklahoma. United Energy is also a minority interest owner in a 6.9M barrel oil storage facility being developed 14 miles from the Gulf of Mexico.
By providing reliable, accessible, and affordable energy within our borders and beyond, we are sowing now to reap an abundant reward of energy in the future.
TECHNOLOGY
As energy demands grow worldwide, United Energy’s offering exemplifies future potential oil and natural gas production for decades to come.
United Energy has also invested in and acquired the license to a micronizing technology that could revolutionize Oil Shale development.
Advances in technology legitimatized tapping unclaimed resources more economically and safely than ever before. Escalating recovery of leasehold acreage results in cost efficiency and enhanced production capabilities.
RESERVE STORAGE
With an increased capacity to access oil and natural gas reservoirs, the United States is well able to reduce our dependency on foreign supply. As the pandemic clearly exposed, we are not yet independent enough from a reliance on oil and gas from outside our own country, or even our own continent.
The well-developed oil-storage industry allows companies to purchase and receive oil when the price is low and store it until the price is higher.
United Energy owns a minority interest in a planned oil storage terminal facility in Louisiana with 6.8M barrel of oil initial storage capacity 14 miles from the Gulf Coast.
Exploring the possibilities of energy today for a better world tomorrow.
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