SOURCE: Underground Energy Corporation

August 30, 2012 11:26 ET

Underground Energy to Present at the 2012 Gateway Conference on September 6

SANTA BARBARA, CA--(Marketwire - Aug 30, 2012) - Underground Energy Corporation ("Underground") (TSX VENTURE: UGE) (OTCQX: UGGYF), an exploration and production company focused on developing the Zaca Field Extension Project in Santa Barbara County, California, will present at the 2012 Gateway Conference being held on September 6 at the W San Francisco Hotel.

Underground's CFO, Peter Ballachey, is scheduled to present at 4:00 p.m. Pacific time, with one-on-one meetings held throughout the day. Mr. Ballachey will discuss the company's most recent financial results as well as the plan to develop the recently discovered subthrust zone in the Chamberlin East Fault Block. Netherland, Sewell and Associates, an independent resource auditor, recently reported that their "best" estimate of total petroleum initially-in-place on the land holding at the Zaca Field Extension Property is 493 million barrels, of which 12 million and 37 million barrels (net to Underground) are working interest contingent and prospective resources, respectively. 

To schedule a one-on-one meeting, visit www.gateway-conference.com and click on the Register/Login tab. You may also email your request to schedule@gateway-conference.com or call Justin Vaicek at (949) 574-3860.

About the Gateway Conference
Gateway Conference is designed to provide a unique gateway between influential members of the investment community and a select group of compelling publicly-traded companies. Portfolio managers, research analysts and brokers from buy-side and sell-side institutions will have the opportunity to learn about more than 50 emerging growth companies across a broad range of industries, from technology, business services and digital media, to clean-tech, consumer/retail, life sciences and natural resources. For more information, go to www.gateway-conference.com.

The invitation-only conference is hosted by Liolios Group, one of the nation's top investor relations agencies, and sponsored by leading firms that service the financial community. For more information about Liolios Group, visit www.liolios.com.

About Underground Energy Corporation
Underground is focused on developing its Zaca Field Extension Project in Santa Barbara County, California. In total, Underground currently holds mineral rights on approximately 70,000 net acres of prospective lands in California and Nevada with an initial focus on the Monterey Shale in California. Underground is listed on the TSX Venture Exchange under the ticker symbol "UGE" and quoted on the OTCQX trading platform under the ticker symbol "UGGYF". For more information on Underground, please visit www.ugenergy.com. Underground's regulatory filings are available under the Company's profile at www.sedar.com

Contact Information

  • Investor Relations Contact:
    Liolios Group
    Justin Vaicek
    Tel 949-574-3860
    Email Contact