SOURCE: Wall Street News Alert

Wall Street News Alert

December 05, 2007 09:34 ET

Wall Street News Alert: Hot Stocks to Watch: UCPI! December 5, 2007

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - December 5, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Unicorp Inc. (OTCBB: UCPI), Petroleo Brasileiro (NYSE: PBR), Puda Coal, Inc. (OTCBB: PUDC) and Microchip Technology Incorporated (NASDAQ: MCHP).

Unicorp Inc. (OTCBB: UCPI) has issued breaking news, and investors looking to possibly benefit from the energy sector should be watching the company this morning. Tuesday 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 the results of its third party engineering report for the period ended September 30, 2007!

This is great news for the company! The company prepared the mid-year report to be utilized for the company's funding requirements. According to the press release, Unicorp's total proved reserves using realized September 2007 prices produced a net present value discounted at 10% of $16.405 million, an increase of 338% from $3.742 million at December 31, 2006. Please refer to yesterday's press release for a table summarizing Unicorp's proved reserves.

Wall Street News Alert continues to alert aggressive investors to watch this company closely. Bob Munn, President and CEO of Unicorp said: "We are pleased to announce this significant increase in our proved reserves when compared to our proved reserves at December 31, 2006. Our drilling successes at South Creole and Carroll Springs fields, which is our Catfish Creek prospect, coupled with our Welsh field acquisition have resulted in the addition of 484.5 MBOE equivalent during the nine months ended September 30, 2007." Mr. Munn went on to say, "Our primary goal for 2008 and beyond is to continue to add to our reserve base through an organic, low-risk drilling program, the addition of new drilling prospects and the acquisition of low cost reserves with the potential for significant upside reserve additions.

Before the news hit the wires, Unicorp's stock closed Tuesday at Ten cents a share.

For Wall Street News Alert's in-depth and updated profile of Unicorp, visit: http://www.WallStreetNewsAlert.com/HotStocks/UCPI120407/default.aspx

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.

Petroleo Brasileiro (NYSE: PBR) down 0.7% on 4.6 million shares traded. Petroleo Brasileiro S.A., through its subsidiaries, engages in the exploration, exploitation, and production of oil from reservoir wells, shale, and other rocks. The company supplies oil, liquefied natural gas, and natural gas to refineries in Brazil, as well as sells surplus production in Brazil and foreign markets.

Puda Coal, Inc. (OTCBB: PUDC) up 18.5% on 455,000 shares traded. Puda Coal, through its affiliates and subsidiaries, supplies premium grade coking coal to the steel making industry for use in making coke. The Company currently possesses 3.5 million metric tons of annual coking coal cleaning capacity. Shanxi Province provides 20 - 25% of China's coal output and supplies nearly 50% of China's coke.

Microchip Technology Incorporated (NASDAQ: MCHP) down 1.3% on 45.2 million shares traded Microchip Technology Inc. is a leading provider of microcontroller and analog semiconductors, providing low-risk product development, lower total system cost and faster time to market for thousands of diverse customer applications worldwide.

Market Commentary:

"Wind is becoming more powerful as an energy conduit. The three largest countries producing wind generators are: Germany, India, and Spain. The U.S. is fourth with most of the turbines in western Texas. One of the Texas turbines, higher than twice the Eiffel Tower, can power 500 residential properties. France powers over 80% of their energy needs through nuclear reactors, something than will become more prevalent in the next several years, especially in countries like China," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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