SOURCE: Stock Market Alerts

June 07, 2007 08:20 ET

Hot Stock List for Thursday! June 7, 2007

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

MIAMI, FL--(Marketwire - June 7, 2007) - Stock Market Alerts' performance stock list includes: Unicorp, Inc. (OTCBB: UCPI), Exxon Mobil Corp. (NYSE: XOM), Hess Corporation (NYSE: HES), Pride International, Inc. (NYSE: PDE).

Aggressive investors need to really keep an eye on Unicorp, Inc. (OTCBB: UCPI)! The company continues to progress in moving forward with new oil prospects, as well as increasing the company's revenue. Wednesday after the stock markets closed, the company, engaged in the acquisition, development, exploration and production of crude oil and natural gas, issued a press release announcing that drilling operations have begun on its second well on its North Edna prospect located in Jefferson Davis Parish, Louisiana.

This is more great news for the small company. The initial well, the Lejuene No. 1, has been producing for ten months and has averaged over 100 barrels of oil per day. Based upon geological mapping from data gathered from the Lejuene No. 1, Unicorp, with its partners, are drilling a second well in the same fault block as the initial well with projected reserves of 110,000 BOE.

The North Edna Field has produced over 10 Bcf of gas and 700,000 barrels of oil. Unicorp has a 40% before payout and a 30% after payout working interest in this well.

It seems that Unicorp has been on a mission lately! The company has been moving forward, and has released a lot of excellent news for investors. Just to highlight a few:

--  The company expects to complete the acquisition of a producing field
    located in South Louisiana with current production of 40-45 barrels of oil
    per day and potential gross production of 200 barrels of oil per day.
    Unicorp will have a 100% working interest in this field.
--  The East Texas prospect located in Henderson County, Texas has been
    successfully logged which has indicated multiple productive zones for
    testing. The electric log has identified up to four formations that could
    be productive. This prospect has the potential for seven additional wells
    and potential gross reserves of 1,000,000 barrels of oil and 4 Bcf of gas.
    Unicorp has an approximate 21% before payout working interest and
    approximate 16% after payout working interest in this prospect.
--  The South Creole Prospect located in Cameron Parish, Louisiana is now
    online and currently producing at a rate of approximately 2.8 Mmcf per day
    of gross gas production and 58 barrels of condensate. This was very big
    news! According to the press release, at this rate, this well will double
    Unicorp's existing monthly revenue to over $250,000 and brings the company
    to profitability, excluding non-cash charges.
--  The company announced that it has elected to participate in the
    Catfish Prospect with potential gross reserves of 2,500,000 barrels of oil.
--  Near the end of last year, the company announced that it expected to
    triple its gross profit in fiscal 2007!
--  Market Advisors, Inc. issued a price target of $1.05 for Unicorp

Unlike most "prospecting" companies, Unicorp actually has oil-producing wells. Investors should really place this company on their radar screen!

Before the latest news was released, UCPI stock closed Wednesday at thirty-five cents a share.

For an updated and in-depth profile of Unicorp visit

Unicorp, Inc is primarily engaged in the acquisition, development, exploration and production of crude oil and natural gas. Its focus is on aggressively acquiring working interests in crude oil and natural gas properties with the intent of exploration and development or by enhancing production through the use of modern development techniques such as horizontal drilling, satellite technology and 3-D seismic. The company's goal is to achieve a high return on its investment by limiting its up-front acquisition costs, by quickly developing its acquisitions and by practicing a sound and smart approach to oil and gas exploration and development.

Other Stocks of interest yesterday were:

Exxon Mobil Corp. (NYSE: XOM) down 0.7% 21.3 million shares traded. Exxon Mobil Corporation engages in the exploration, production, transportation, and sale of crude oil and natural gas. It also engages in the manufacture, transportation, and sale of petroleum products and petrochemicals, as well as participates in electric power generation.

Hess Corporation (NYSE: HES) down 1.3% on 2.7 million shares traded. Hess, headquartered in New York, is a global integrated energy company engaged in the exploration for and the production, purchase, transportation and sale of crude oil and natural gas, as well as the production and sale of refined petroleum products.

Pride International, Inc. (NYSE: PDE) down 1.8% on 2.6 million shares traded. Pride International, Inc., headquartered in Houston, Texas, is one of the world's largest drilling contractors. The company provides onshore and offshore drilling and related services in more than 25 countries, operating a diverse fleet of 278 rigs, including two ultra-deepwater drillships, 12 semisubmersible rigs, 28 jackups, 16 tender-assisted, barge and platform rigs, 5 managed deepwater drilling units, and 215 land rigs.

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 was one hundred and thirteen thousand and five hundred dollars in 2007 (ten thousand currently and one hundred and three thousand and five hundred dollars previously) and one hundred and forty-nine thousand dollars in 2006 for previous advertising, all 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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