SOURCE: Stock Market Alerts

August 30, 2006 10:38 ET

Hot Stocks to Watch This Wednesday Morning! August 30, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.

MIAMI, FL -- (MARKET WIRE) -- August 30, 2006 -- Stock Market Alert's performance stock list includes: Unicorp, Inc. (OTCBB: UCPI), Valero Energy Corp. (NYSE: VLO), Continental Airlines (NYSE: CAL), Anadarko Petroleum Corp. (NYSE: APC).

Unicorp, Inc. (OTCBB: UCPI) released news that should have the attention of speculative investors. Recently, the company announced that it has entered into an agreement to participate in the North Laurel Ridge Prospect located in Iberville Parish, Louisiana.

This news may get the attention of traders. Unicorp will have a 5% working interest and an approximate 4% net revenue interest in the well.

The North Laurel Ridge Prospect will be drilled to a depth of approximately 12,300 feet to test the Cibicides Hazzardi 1 thru 5 sands updip to the KCS Claiborne Plantation Well #1 which tested at 1039 BOPD and 872 Mcfpd from the Cib.haz #4 sand. Total reserves are estimated to be 1,093,000 barrels of oil and 3.3 Bcf of gas. The well is scheduled to be drilled in early September.

This is a stock for speculative investors to watch! "Our participation in this well is a direct result of the recent drilling contract that we signed whereby we now have direct access to a rig," stated Arthur Ley, COO of Unicorp. "Our model has been to participate in many prospects to maximize our cash flow potential while minimizing the risk associated with any single well or prospect."

In addition, the company has recently announced that it has started producing oil from its North Edna Prospect located in Jefferson Davis Parish, Louisiana. Unicorp has a 40% before payout and a 30% after payout working interest in this prospect and stated that "This discovery is exciting because it will more than double our current revenue and we have three additional offset wells to be drilled in this field."

A profile of Unicorp can be found at:

Other Stocks of interest yesterday were:

Valero Energy Corporation (NYSE: VLO) down 0.8% on 9.5 million shares traded.

Valero Energy Corporation owns and operates 18 refineries throughout the United States, Canada and the Caribbean.

Continental Airlines (NYSE: CAL) up 3.8% on 5.1 million shares traded.

Continental Airlines is one of the world's largest airlines.

Anadarko Petroleum Corp. (NYSE: APC) up 0.8% on 4.1 million shares traded.

Anadarko Petroleum Corporation's mission is to deliver a competitive and sustainable by exploring for, acquiring and developing oil and natural gas resources vital to the world's health and welfare.

Wall Street Enews is a Sponsor of Quality Stocks. Quality Stocks tracks the stock picks of 150 Investment Newsletters every day and reports on their performance. For Their Free Service, Visit

The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Unicorp, Inc. (OTCBB: UCPI). The compensation is thirty nine thousand dollars (twenty eight thousand for past services and eleven thousand for current services) from the company. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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