istrokedmine
01-19-2007, 02:00 PM
i would like your thoughts on this one. i am down so far on it and i was wondering if this would be a good point to average down.
thanks
jonathan
Breaking Investors Alert for Friday! January 19, 2007
10:08a ET January 19, 2007 (Market Wire)
Wall Street News Alert's "stocks to watch" this morning are: Unicorp, Inc. (OTCBB: UCPI), AT&T Inc. (NYSE: T), DIRECTV, Inc. (NYSE: DTV) and Cablevision Systems Corp. (NYSE: CVC).
Unicorp, Inc. (OTCBB: UCPI) has issued additional news concerning its St. Martinville Prospect that should appeal to aggressive investors this morning! Yesterday after the markets closed, the company (engaged in the acquisition, development, exploration and production of crude oil and natural gas) issued a press release announcing that its St. Martinville Prospect located in St. Martin Parish, Louisiana has been drilled to 7,000 feet to date. The directional drilling phase has started and will be drilled to a depth of approximately 13,000 feet to test the Marg Tex-3 sands as seen in the Trinity Resources Ranzino Well No. 1. Total reserves are estimated to be 1,000,000 barrels of oil and Unicorp will have an 18.5% net revenue interest.
"We are pleased that we have not encountered any significant drilling problems to date," stated Arthur Ley, COO of Unicorp. "We believe that we will be finished drilling and should be logging the well within three weeks at which time we will know if the well is successful."
Earlier this month, the company announced that it has retained an investment banking firm on a non-exclusive basis to assist with its 2007 acquisition strategy. The company has already been introduced to a financing partner and is currently evaluating several potential acquisitions of producing properties.
Wall Street News Alert is continuing to alert investors to monitor the progress of Unicorp as the company builds momentum in 2007!
Before the news hit the wires, Unicorp's stock closed yesterday at Thirty Seven cents a share.
For an in-depth, updated profile of Unicorp, visit: http://www.thenewssvc.com/UCPI011807.html
thanks
jonathan
Breaking Investors Alert for Friday! January 19, 2007
10:08a ET January 19, 2007 (Market Wire)
Wall Street News Alert's "stocks to watch" this morning are: Unicorp, Inc. (OTCBB: UCPI), AT&T Inc. (NYSE: T), DIRECTV, Inc. (NYSE: DTV) and Cablevision Systems Corp. (NYSE: CVC).
Unicorp, Inc. (OTCBB: UCPI) has issued additional news concerning its St. Martinville Prospect that should appeal to aggressive investors this morning! Yesterday after the markets closed, the company (engaged in the acquisition, development, exploration and production of crude oil and natural gas) issued a press release announcing that its St. Martinville Prospect located in St. Martin Parish, Louisiana has been drilled to 7,000 feet to date. The directional drilling phase has started and will be drilled to a depth of approximately 13,000 feet to test the Marg Tex-3 sands as seen in the Trinity Resources Ranzino Well No. 1. Total reserves are estimated to be 1,000,000 barrels of oil and Unicorp will have an 18.5% net revenue interest.
"We are pleased that we have not encountered any significant drilling problems to date," stated Arthur Ley, COO of Unicorp. "We believe that we will be finished drilling and should be logging the well within three weeks at which time we will know if the well is successful."
Earlier this month, the company announced that it has retained an investment banking firm on a non-exclusive basis to assist with its 2007 acquisition strategy. The company has already been introduced to a financing partner and is currently evaluating several potential acquisitions of producing properties.
Wall Street News Alert is continuing to alert investors to monitor the progress of Unicorp as the company builds momentum in 2007!
Before the news hit the wires, Unicorp's stock closed yesterday at Thirty Seven cents a share.
For an in-depth, updated profile of Unicorp, visit: http://www.thenewssvc.com/UCPI011807.html