United Stock Price, News & Analysis

United Energy Corporation (OTCMKTS: UNRG) is an energy company with a long history in the energy, manufacturing, and mining industries. According to company disclosures, United Energy describes itself as a diversified oil and gas producer and a natural gas producing energy company. Over time, the business has evolved toward natural gas–focused exploration and production, midstream infrastructure, and liquefied natural gas (LNG) processing and distribution.

United Energy is associated with United Energy LNG, a wholly owned subsidiary that develops modular small-scale LNG projects. United Energy LNG and Power LNG have announced a strategic merger to operate under the United Energy LNG (UE LNG) name, with a focus on small-scale LNG production and distribution. The combined platform is described as a scalable small-scale LNG business serving industrial, power, and transport markets across North America, with three LNG production sites in advanced stages of development in locations including Houston, Texas and Independence, Kansas.

Through this LNG platform, the company emphasizes modular liquefaction units, regionally targeted deployment, and inland, onshore, and distributed energy applications. United Energy LNG’s approach includes the use of virtual pipeline logistics to move LNG into markets that may face pipeline constraints. The stated goal is to expand access to natural gas in liquid form for high-demand domestic users, particularly in remote or underserved areas.

Core business areas

United Energy highlights several main categories of energy assets and activities:

• Exploration and Production (E&P): The company has acquired operated and non-operated oil and gas leases across large acreage positions in Northeastern Oklahoma and Southeastern Kansas, including the Cherokee Basin. These assets include coalbed methane (CBM) wells and associated natural gas pipelines and gathering systems.
• Midstream and pipelines: United Energy has announced the purchase of midstream assets such as a natural gas pipeline system in Wagoner County, Oklahoma, and extensive gathering infrastructure tied to its Cherokee Basin properties.
• LNG processing and small-scale liquefaction: Through a joint venture with Bridge Energy, LLC and the activities of United Energy LNG, the company is pursuing small-scale LNG production using scalable gas liquefaction systems installed on its natural gas assets in regions such as Oklahoma and Kansas.
• Oil and fuel storage: United Energy has acquired Integrity Terminals, LLC, a planned bulk storage import/export facility project in Louisiana, and has obtained an option to purchase land in Iberville Parish, Louisiana for this development.

Cherokee Basin and natural gas focus

United Energy has outlined a corporate direction that places natural gas at the center of its strategy. The company has acquired significant oil and natural gas leasehold interests in the Cherokee Basin region, including operated and non-operated wells, coalbed methane wells, and extensive miles of natural gas pipelines. It has also disclosed ownership interests in additional non-operated oil and gas leases and pipeline infrastructure formerly held by other energy companies.

Company communications describe a focus on reactivating existing wells and compressor sites, restoring production from existing wellbores, and pursuing new drilling and development opportunities within its leasehold. United Energy has also referenced a proprietary well-pumping solution for CBM wells, intended to reduce operating costs of water-producing wells by eliminating certain surface equipment and maintenance items.

Midstream and terminal projects

United Energy’s midstream activities include the acquisition and development of pipeline and storage assets. The company has announced a purchase agreement for a natural gas pipeline system in Wagoner County, Oklahoma, which includes transmission lines of varying diameters, associated leasehold, and company-owned wells with development potential.

In addition, United Energy has completed the 100% acquisition of Integrity Terminals, LLC, after previously holding a minority stake. Integrity Terminals is described as a planned greenfield bulk storage import/export facility in Louisiana’s Gulf Coastal area along the Mississippi River. The project is intended to store, blend, and distribute petroleum products, crude oil, biofuel, green energy, and non-petroleum compounds, with phased development that includes rail storage and transport, deep-water and barge access, bulk storage, and more complex rail systems. The company has engaged EXCEL Midstream Solutions, Inc. as a strategic design, permitting, and engineering partner for this terminal project.

Small-scale LNG and joint ventures

United Energy has announced a joint venture with Bridge Energy, LLC to expand its LNG processing capabilities. This partnership provides scalable gas liquefaction systems to be installed on United Energy’s assets in U.S. regions such as Oklahoma and Kansas. The company has stated that the first system is designed to produce LNG on a daily basis, with plans to increase production capability if the initial deployment is successful.

United Energy LNG, as a wholly owned subsidiary, is presented as a vertically integrated small-scale LNG company developing modular liquefaction plants to deliver natural gas in liquid form to industrial, transport, and power markets across the United States. The merger between United Energy LNG and Power LNG is described as combining upstream operating experience and public market presence with permitting, engineering, and project development capabilities.

Corporate direction and strategy themes

United Energy has communicated a corporate direction organized under three main categories: Exploration and Production, Technology, and Oil and Fuel Storage. Company statements emphasize themes of profitability, responsibility, and sustainability, and reference an intent to invest heavily in natural gas as a cleaner, more abundant, and reliable form of energy relative to certain other conventional fuels.

The company has also indicated an interest in expanding its involvement in oil and refined fuels storage through projects such as the Louisiana terminal, and has referenced evaluations of exploration and development opportunities in additional U.S. regions. Financing activities, including a senior secured convertible note and related warrants, have been described as part of staged funding plans for the development of Cherokee Basin oil and gas assets and related projects.

Public market presence

United Energy Corporation’s shares trade on the over-the-counter market under the symbol UNRG. The company has stated that United Energy LNG has public market access via United Energy Corporation as its parent company. Corporate communications have also referenced plans related to regulatory reporting and exchange listing goals, as part of broader growth and capital-raising strategies.

FAQs about United Energy Corporation (UNRG)

• What does United Energy Corporation (UNRG) do?
  

  United Energy Corporation describes itself as a diversified oil and gas producer and natural gas producing energy company. Its activities include exploration and production of oil and natural gas, ownership and development of midstream pipeline assets, small-scale LNG processing through joint ventures and subsidiaries, and development of an oil and fuel storage terminal project in Louisiana.

• What is United Energy LNG?
  

  United Energy LNG is a wholly owned subsidiary of United Energy Corporation. It is described as a vertically integrated small-scale LNG company developing modular liquefaction plants to deliver liquefied natural gas to industrial, transport, and power markets across the United States.

• How is United Energy involved in the Cherokee Basin?
  

  United Energy has acquired operated and non-operated oil and gas leases in the Cherokee Basin region of Northeastern Oklahoma and Southeastern Kansas. These assets include coalbed methane wells, additional wells acquired through transactions, and extensive miles of natural gas pipelines and gathering systems.

• What is the Integrity Terminals project?
  

  Integrity Terminals, LLC is a wholly owned subsidiary of United Energy Corporation. It is a planned greenfield bulk storage import/export facility in Louisiana’s Gulf Coastal area along the Mississippi River. The project is intended to store, blend, and distribute petroleum products, crude oil, biofuel, green energy, and non-petroleum compounds, with phased development including rail, deep-water, barge access, and bulk storage capabilities.

• How is United Energy expanding into LNG?
  

  United Energy is expanding into LNG through a joint venture with Bridge Energy, LLC and through United Energy LNG’s activities. The company is deploying scalable gas liquefaction systems on its natural gas assets and, through the merger of United Energy LNG and Power LNG, is developing small-scale LNG production sites in locations such as Houston, Texas and Independence, Kansas.

• What markets does United Energy’s LNG platform aim to serve?
  

  United Energy LNG’s platform is described as serving industrial, power, and transport markets across North America. The company has highlighted applications such as remote and underserved power generation sites, heavy-duty transportation and marine fueling networks, critical infrastructure requiring fuel resilience, and industrial operations seeking alternatives to heavier fuels.

• How does United Energy describe its corporate mission?
  

  United Energy communications frequently reference the themes of profitability, responsibility, and sustainability as hallmarks of its corporate mission and direction. The company associates these themes with its investments in natural gas, infrastructure, and storage projects.

• On which market does UNRG trade?
  

  United Energy Corporation’s stock trades on the over-the-counter market under the ticker symbol UNRG. Company materials also reference United Energy LNG’s public market access through United Energy Corporation as its parent company.