Tuesday, August 14, 2007

Investors Pumped About UPDA's Domestic Oil and Natural Gas

"It's never been more important for the U.S. to reduce its reliance on foreign oil," says Kamal Abdullah, CEO of Universal Property Development and Acquisition Company (UPDA.OB). "After all, crude oil is hovering at $60 per barrel and the Middle East continues to experience conflicts." The Florida-based UPDA (www.UPDAstock.com) is doing its part by buying and leasing U.S. properties with proven oil reserves, applying state-of-the-art technology, and pumping out sought-after oil and natural gas. "Americans use over 20 million barrels of oil a day, over half of which is imported," says Abdullah. "That's why domestic drilling is so important, and why UPDA's investors are thrilled about their tremendous return on investment." With investor support, UPDA pumps the crude b View the rest of this article


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