Thursday, December 23, 2010

Universal Bioenergy Signs Agreement With ProGas Energy Services Inc. for Multi-Million Dollar Oil & Gas Project

IRVINE, Calif., Dec. 23, 2010 (GLOBE NEWSWIRE) — Universal Bioenergy Inc. (Pink Sheets:UBRG), a publicly traded alternative energy company, announced today, that it is has signed an agreement with ProGas Energy Services Inc., of Texas.

The agreement is a joint venture between “Texas Gulf Oil & Gas,” Universal’s new subsidiary, and ProGas, to jointly develop a�newly [...] http://bit.ly/glEWjc

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