SOURCE: Stock Market Alerts

August 24, 2007 09:40 ET

Special Alert Stock Watch: UCPI! August 24, 2007

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

MIAMI, FL--(Marketwire - August 24, 2007) - Stock Market Alerts' performance stock list includes: Unicorp Inc. (OTCBB: UCPI), Devon Energy Corp. (NYSE: DVN), ExxonMobil Corp. (NYSE: XOM), GlobalSantaFe Corporation (NYSE: GSF).

Having recently reported record 2nd quarter 2007 results, including revenue up over 300%, Unicorp Inc. (OTCBB: UCPI) should have investors monitoring the stock closely. Yesterday, a press release was issued by the company announcing an update of its operational activity occurring during the second quarter of 2007.

This is great news for UCPI! Highlights from the press release include:

--  Second quarter production was approximately 11,645 barrels of oil
    equivalent (BOE), which was an increase of 83% over the first quarter 2007
    production level and an increase of 453% over second quarter 2006
    production levels.  Six month production was approximately 18,015 BOE which
    was a 326% increase over six month 2006 production levels.
    
--  Unicorp closed on the acquisition of the Welsh Field properties
    located in Jefferson Davis Parish, Louisiana for a purchase price of $1.3
    million.  At the time of purchase, the properties were producing
    approximately 45 gross (34 net) BOE per day.  Unicorp immediately
    instituted a remedial workover program and current gross production exceeds
    70 BOE per day.
    
--  For the six months ended June 30, 2007, the company experienced a
    gross profit from oil and gas operations of $199,248 compared to a gross
    loss of $34,949 for the 2006 period and for the three months ended June 30,
    2007, the company experienced a gross profit from oil and gas operations of
    $209,713 compared to a gross loss of $32,789 for the 2006 period.
    
--  Unicorp participated in the drilling of the Seward Lejuene Well No. 1
    on the North Edna prospect located in Jefferson Davis Parish, Louisiana.
    Although pay was present, the zone was depleted and the well was
    subsequently plugged and abandoned.
    
--  To obtain funding for the company's ongoing operations, Unicorp
    entered into a securities purchase agreement with YA Global Investments,
    L.P. (formerly, Cornell Capital Partners L.P.), an accredited investor, on
    May 17, 2007, for the sale of $7,000,000 in secured convertible debentures.
    As of June 30, 2007, the company had drawn $5,500,000 on the secured
    convertible debentures.
    

*For complete details on the company's prospects please refer to yesterday's press release.

With five projects producing oil, investors looking to benefit from the energy sector are going to watch this one closely! 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.

UCPI closed Thursday at around Nineteen cents a share.

For Stock Market Alerts' in-depth profile of Unicorp, visit http://www.wallstreetenews.com/HotStocks/UCPI082307/default.aspx.

Other Stocks of interest yesterday were:

Devon Energy Corporation (NYSE: DVN) up 1.4% on 3.1 million shares traded. Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production. Devon is one of the world's leading independent oil and gas producers and is included in the S&P 500 Index.

ExxonMobil Corp. (NYSE: XOM) up 0.2% on 24.1 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.

GlobalSantaFe Corporation (NYSE: GSF) up 2.9% on 4.8 million shares traded. GlobalSantaFe is one of the largest offshore oil and gas drilling contractors and the leading provider of drilling management services worldwide. The company owns or operates a contract drilling fleet of 37 premium jackup rigs; six heavy-duty, harsh environment jackups; 11 semisubmersibles and three dynamically positioned, ultra-deepwater drillships, as well as two semisubmersibles owned by third parties and operated under a joint venture agreement.

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 sixty-seven thousand and five hundred dollars in 2007 (sixteen thousand currently and one hundred and fifty-one thousand and five hundred dollars previously) and additional cash compensation 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.

The information contained in this press release is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. Stock Market Alerts LLC is an advertising company and therefore, this release should be viewed for informational purposes only.

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