SOURCE: Universal Bioenergy Inc.
IRVINE, CA--(Marketwired - Mar 21, 2014) - Universal Bioenergy Inc., (OTCQB: UBRG), a publicly traded independent diversified energy company that markets and distributes natural gas, petroleum, coal and electricity, announced that senior executives of its subsidiary NDR Energy Group, gathered in Houston, Texas this week for a series of high-level meetings with some of the largest oil, natural gas and energy companies in the world.
The Company is taking major strategic steps for 2014 to improve its financial performance with a sharp focus on increasing net earnings. NDR Energy Group's executives are meeting with various producers, suppliers and customers in Houston to help spearhead the Company's plans to rapidly move forward to grow its profit margins, increase its sales volumes of natural gas and initiate spot market/daily natural gas sales transactions.
NDR Energy's Executive Team is led by President and CEO Ken Harris, and includes Rickey Hart, Vice President of Business Development, NDR Energy's Director of Marketing and another Business Development Executive.
The Executives of NDR Energy Group completed the first of its series of strategic meetings with senior executives of one of the world's largest independent oil and natural gas exploration and production companies, that operates in 30 countries. The public company reported over $58.24 billion in revenues in its Annual Report.
NDR Energy's CEO, Ken Harris stated, "These high-level executive meetings are all about us growing our existing contractual relationships to fuel sales growth, profit margins, volumes and our effectiveness as a national marketer of natural gas. Today's meeting was profoundly successful. As the result of today's discussions, we will be taking our existing relationship with one of the largest natural gas producers in the world and focusing on more growth in the Eastern U.S. with our utility customers, and growth into the daily gas sales vertical. We have considerable momentum in that we have a strong and growing national customer base. That base allows us continued access to some of the most substantial players in the energy trades worldwide."
Universal Bioenergy is a high growth diversified energy company that is experiencing double-digit growth. NDR Energy Group, a subsidiary of Universal Bioenergy, sells natural gas to many of the largest public utilities, electric power producers and local gas distribution companies that serve millions of commercial, industrial and residential customer in the United States.
About Universal Bioenergy Inc.
Founded in 2004, Universal Bioenergy Inc., is a publicly traded independent diversified energy company that produces and markets natural gas, petroleum, coal and propane. We market energy resources to the largest public utilities, electric power producers and local gas distribution companies in the U.S., that serve millions of commercial, industrial and residential customers. We are also engaged in the acquisition and development of existing or recently discovered oil and gas fields, leases and surface coal mines. For more information visit www.universalbioenergy.com
Safe Harbor Statement - There are matters discussed in this media information that are forward looking statements within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. Such statements are only forecasts and actual events or results may differ materially from those discussed. For a discussion of important factors which could cause actual results to differ from the forward looking statements, refer to Universal Bioenergy Inc.'s most recent annual report and accounts and other SEC filings. The company undertakes no obligation to update publicly, or revise, forward looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.