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With oil prices hitting all time highs and people feeling the effects via their heating bills and at the gas pump, who do you think stands to make a killing? It's investors who own stock in oil companies! Companies like Unicorp.

 

UCPI's STRATEGY:

• To be the operator of the projects in which the company is involved wherever possible

• To engage in a continuing program of relatively low risk yet high potential exploration projects in the proven petroleum basins of TX, LA and MS

• To develop fully the company's current and future acreage positions and drilling inventory

• To acquire existing reserves and production that meet the company's stringent investment criteria, thereby contributing to an ongoing exploitation program.
 


Read the latest news and you can easily see why you should consider owning an oil producing stock like UCPI (trading at around 10 cents a share). Here are a fraction of yesterday's news headlines:

1) Oil gushes to another new high: Crude oil prices rose to new highs near $112 US dollars a barrel as plunging stock markets prompted investors to plough more money into commodities.

2) Oil hits record over $111 a barrel as dollar slumps: Crude oil prices have jumped about 16 percent so far this year in part because of a steep decline in the U.S. dollar -- a factor that has supported the nominal value of all commodities priced in the currency. Oil analysts have said they expect oil's inverse relationship with the dollar to last until there are significant signs that underlying commodities demand is eroding because of the U.S. economic slowdown.

3) Oil price leap catches out the experts: ...Longer-term there are clear reasons for oil prices to remain high. Production from ageing oil provinces like the North Sea is declining quicker than expected, while new projects are taking longer to come on stream. The 500,000 barrel per day Khursaniyah field in Saudi Arabia, for example, was due to begin pumping oil at the start of this year but has been hit by repeated delays.

4) Shell running low after complications: Shell pumped far more oil than it discovered last year after its reserves were severely depleted by complications in Russia and Nigeria. Shell is poised to cut its reserve figures for 2007 by more than 1bn barrels as a result of the complications.

WE COULD GO ON AND ON! The bottom line is this; UCPI has projects that are actually producing OIL and generating revenues! In addition, while Triple Digit oil prices continue to spike, UCPI production continues Triple Digit Year-Over-Year Growth!
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Investors, Unicorp Inc. Is The One To Watch.
In fact:

The company has projects that are actually producing IMAGE and generating revenues!

UCPI reported in February 2008 a 257% Growth in Proved Reserves Representing In Excess of $20 M, while the company's market cap is less then $10M.

For the nine months ended September 30, 2007, the Company generated revenue from the sale of IMAGE and natural gas of $1,771,180, an increase of $1,206,685 (214%) over the prior year period. Revenue from the sale of IMAGE was $1,323,628 for the 2007 period compared to $564,495 for the 2006 period.

While Triple Digit IMAGE prices continue to spike, UCPI production continues Triple Digit Year-Over-Year Growth!
Today's Breaking News - After the market closed 3/17/08
Unicorp announces Plans to Recomplete its Initial Well in its Cayuga Prospect in the Georgetown Formation!

 Having recently announced a 257% growth in proved reserves, Unicorp Inc. (OTCBB: UCPI) should have investors monitoring the stock closely. Yesterday after the markets closed, the company, an upstream U.S. oil and gas company, issued a press release announcing that it plans to recomplete its initial well in the Georgetown formation on its North Cayuga prospect located in Henderson County, Texas.

This is great news for UCPI! The recompletion will be comprised of perforations in numerous lobes of the Georgetown formation between the depths of 6,000 to 5,600 feet and is scheduled to commence within the next two weeks. The Georgetown formation has been known to be productive in this area. The Easter Seals Well No. 1-R was originally drilled to a total depth of approximately 9,000 feet to initially test the Rodessa formation. The Rodessa formation was found to be productive but uneconomical to produce. Unicorp has a 21% before payout working interest and an approximate 16% after payout working interest in this prospect.

Investors looking to benefit from the energy sector are going to watch this one closely! In other recent news, the company recently announced a 257% growth in proved reserves. The PV10 value (net present value discounted at 10%) of these reserves using commodity pricing at the close of business on the final trading day of 2007 as per Securities and Exchange Commission guidelines was in excess of $20.5 million, an increase of 454% over the PV10 value as of December 31, 2006.

Investors, if you haven t heard the name Unicorp, Inc. is an upstream U.S. oil and gas company engaged in the search for and sale of oil and gas reserves through both exploratory drilling and the acquisition of producing properties. Unicorp s objective is to cost efficiently develop these properties and market the oil and gas production at the wellhead.  Unicorp is strategically focused along the Texas Gulf Coast, East Texas and South Louisiana in areas of developed infrastructure and established markets! 

In Fact, the company operates in two of the TOP 5 producing states. According to the Energy Information Administration s website, Texas is the leading crude oil-producing state in the Nation, with Louisiana ranking fourth!

Oil broke an inflation-adjusted record set in 1980, and the persistent rise in oil prices that has taken a
barrel of crude to a once-unthinkable $111 has become a reality!

UNICORP'S Properties
According to UCPI's Form 10QSB filed with the SEC in November

Abbeville Field - Vermillion Parish, Louisiana:
Two producing oil wells. The Company owns 95.4% and 72.7% working interests in each producing IMAGE well. The two wells are currently producing approximately 26 gross barrels of oil  per day.
North Edna Field - Jefferson Davis Parish, Louisiana::
One producing well, The Company Obtained a 40% before payout working interest (29.6% net revenue interest) and a 30% after payout working interest.
North Sand Hill Field - Greene County, Mississippi:
The Company has a 60% working interest and an approx. 47.55% net revenue interest. An additional well location has been identified in this field which the Company anticipates will be drilled during fiscal 2008.
South Creole Prospect - Cameron Parish, Louisiana:
One well producing approximately 2,800 gross Mcf of IMAGE and 45 gross barrels of condensate per day. The Company has a 28.33% before payout working interest & an approx. 21% net revenue interest in the well.
Catfish Creek Prospect - Henderson and Anderson Counties, Texas::
One producing well and the company has an option to drill more wells and has a 33% before payout and 25% after payout working interest in each well drilled and an approximate 24.8% before payout and 18.75% after payout net revenue interest in each producing well.
Welsh Field - Jefferson Davis Parish, Louisiana::
Several wells producing approximately 40 gross barrels of IMAGE per day. The Company has 100% working interest (75% net revenue interest).
West Abbeville Prospect - Vermillion Parish, Louisiana:
The Company has identified a new prospect. UCPI intends to begin reviewing lease records to determine the availability of the leasehold acreage in order to prepare to drill this prospect.

The need to increase domestic oil production is a MUST, and with producing wells
 in production, the time to see  Unicorp (OTCBB: UCPI) is NOW!