/C O R R E C T I O N -- United Refining Energy Corp./

    NEW YORK, Jan. 25 /CNW/ - In the news release, United Refining Energy
Corp. (Amex:   URX.U) Common Stock and Warrants to Commence Trading Separately
on January 29, 2008, issued earlier today by United Refining Energy Corp. over
PR Newswire, the source should be "United Refining Energy Corp." rather than
"United Refining Company" as incorrectly transmitted by PR Newswire.

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