United Energy Corp. develops and distributes specialty chemical products. The company is headquartered in Plano, Texas and currently employs 8 full-time employees. The company went IPO on 2002-04-26. The firm is focused on the development of natural gas and oil reservoirs in the Cherokee Basin located in Northeastern Oklahoma and Southeastern Kansas. Its premier holdings include assets and operations in Oklahoma, Kansas. The firm owns or has operations in over 200,000 acres of leasehold, 2,000 wells, and 1,100 miles of natural gas pipelines. The oil and gas properties the Company owns or has under contract contain potentially approximately 165.587 BCF of undiscovered natural gas reserves per the United States Geological Survey. Its Cotton Valley large natural gas compressor station feeds into Southern Star Gas Pipeline Company. The firm's subsidiaries include Rigworx, Inc.; Attis Oil and Gas (Panhandle), LLC; Cotton Valley Oil and Gas, LLC; Entrasco Energy, LLC, and Integrity Terminals, LLC.
Follow-Up Questions
What is the price performance of UNRG stock?
The current price of UNRG is $0.04, it has decreased 0% in the last trading day.
What are the primary business themes or industries for United Energy Corp?
United Energy Corp belongs to Energy industry and the sector is Energy
