United Energy Corporation Releases June 30, 2008 Year-End Financial StatementsNovember 2008

Please visit our Financial Profile page to view them.

United Energy Trading opens Seattle OfficeSummer 2008

After witnessing one of the most tumultuous periods ever in the energy complex and responding to many inquiries and requests from industrial customers and counterparties, United Energy Trading has opened an office in Seattle, Washington, and staffed it with three industry professionals with a combined fifty years of experience. United Energy realizes that Industrial consumers of natural gas are facing a time of unprecedented uncertainty and energy is playing a larger and larger role in their daily operations. We at United also recognize the concerns of our existing and prospective customers and believe that we are in an ideal position to help those customers manage some of the risks that will persist in the energy marketplace. United has assembled an experienced, top tier trading and risk management team that is active in the natural gas market each and every day and complements that trading operation with quality account managers dealing directly with customers. United will help its customers develop a gas supply and risk management program to help mitigate their energy risks and protect them from some of the price shocks that can occur.

 

United Energy Corporation Releases June 30, 2007 Year-End Financial StatementsOctober 2007

United Energy Corporation (UEC) released its June 30, 2007 year-end financial statements. UEC reported record earnings along with a substantial boost in equity. Please visit our Financial Profile section to view them.

United Energy Corporation Renews and Increases Bank Facility to $105 Million
July 2007

United Energy Corporation (UEC) renewed and increased its current bank facility to $105 million. It is a revolving credit facility that allows advances for working capital or to issue standby Letters of Credit. The bank facility was extended to March 31, 2009.