UHCP Glen Rose Petroleum Corp (MM)

United Heritage Corporation (NASDAQ: UHCP) (the �Company�), a public company involved in the development of medium gravity crude oil assets, today announced that as of May 22, 2008, it is authorized to consummate the transactions described in its Definitive Information Statement on Schedule 14C that was mailed to its shareholders on May 2, 2008. Accordingly, the Company is now authorized to reincorporate in Delaware under the name Glen Rose Petroleum Corporation. The Company�s stock will continue to trade under the symbol UHCP until the reincorporation is complete and a new symbol is assigned. The transactions described in the 14C Information Statement are as follows: the issuance of warrants to DK True Energy Development and RTP Secure Energy Corp.; the issuance of warrants to Applewood Energy, Inc. and GWB Petroleum Consultants Ltd.; the issuance of warrants to Richardson & Patel LLP as partial compensation for legal services rendered to us; the provision for issuance of common stock and warrants to one or more broker dealers as compensation for services to be rendered to us; the issuance of warrants to Blackwood Capital Limited as compensation for services rendered and to be rendered to us; adoption of the United Heritage Corporation 2008 Equity Incentive Plan; the issuance of warrants included in an offering of units consisting of common stock and warrants which was made by the Company in November 2007; the issuance of units consisting of shares of our common stock and warrants to purchase our common stock in a private offering of our securities to accredited investors; the issuance of common stock and warrants to Blackwood Ventures LLC pursuant to an agreement to convert debt; the issuance of 666,667 shares of common stock subscribed for by accredited investors in a private offering undertaken in January 2008; the issuance of common stock and warrants to the estate of Walter G. Mize in exchange for the relinquishment of a put right; and reincorporation of the Company in Delaware under the name Glen Rose Petroleum Corporation. This summary is qualified in its entirety by reference to the Definitive Information Statement on Schedule 14C which is available for review on the SEC�s website at www.sec.gov. About United Heritage Corporation United Heritage Corporation, founded in 1981 and based in Dallas, TX, is focused on the development of on-shore oil and gas assets. The company has four leases covering 10,500 acres in the Wardlaw Field located in Edwards County, TX. A report published by J.R. Butler & Co. in 1984 concluded that there was oil in place on the property. The oil is categorized as "medium crude", the deposits are in the medium gravity range of heavy oil at 15-18 API gravity. Management believes its acreage has always held substantial reserves, but questions remain as to the technology necessary to properly extract the reserves. Some oil production has already been established from the field. Private Securities Litigation Reform Act Safe Harbor Statement: All statements in this press release that are not statements of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 as codified in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including any projections of earnings, revenue, cash or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations and assumptions as of the date of this press release and are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. The risks and uncertainties include our limited capital resources and limited access to financing and the outcome of our pilot project in the Wardlaw Field. United Heritage Corporation assumes no obligation to update these forward-looking statements to reflect future events or actual outcomes and does not intend to do so.