SOURCE: Wall Street News Alert

Wall Street News Alert

July 13, 2007 08:28 ET

Wall Street News Alert: Investment Watch: UCPI! July 13, 2007

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

WESTON, FL--(Marketwire - July 13, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Unicorp Inc. (OTCBB: UCPI), Alcan Inc. (NYSE: AL), Valero Energy Corporation (NYSE: VLO) and Baker Hughes Incorporated (NYSE: BHI).

Unicorp Inc. (OTCBB: UCPI) continues to issue news that should have investors watching. Thursday 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 that it has begun operations to restore production on two of the shut-in wells it recently acquired in its Welsh Field acquisition located in Jefferson Davis Parish, Louisiana.

Current production from two active wells is approximately 42 barrels of oil per day gross (32 bopd net). Unicorp acquired a total of fifteen wells in the transaction and has identified remedial opportunities in nine of the wells.

"We acquired this field due to the upside potential of remedial work to restore production through low cost workovers and recompletions," stated Bill Dozier, COO of Unicorp. "Our plan is to maintain an active work program in order to increase production as quickly as possible."

This announcement is just one of many that have recently had the attention of investors:

--  UCPI was recently issued a target price of 1.05
    
--  The company already has five working projects already producing oil
    and has also previously announced that it expects to triple its gross
    profit in fiscal 2007
    
--  The company has tremendous revenue growth
    
--  Oil is near all time highs and UCPI oil production continues triple
    digit year-over-year growth
    

**See the profile below for full details**

Before the news hit the wires, Unicorp's stock closed Thursday at Thirty-Two cents a share.

For Wall Street News Alert's in-depth and updated profile of Unicorp, visit: http://www.WallStreetNewsAlert.com/HotStocks/UCPI071207/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.

Alcan Inc. (NYSE: AL) up 9.8% on 26.8 million shares traded. Alcan Inc. is a leading global materials company, delivering high quality products and services worldwide. With world-class technology and operations in bauxite mining, alumina processing, primary metal smelting, power generation, aluminum fabrication, engineered solutions as well as flexible and specialty packaging, today's Alcan is well positioned to meet and exceed its customers' needs.

Valero Energy Corporation (NYSE: VLO) down 0.7% on 13.4 million shares traded. Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 22,000 employees and 2006 revenues of more than $90 billion. The company owns and operates 18 refineries throughout the United States, Canada and the Caribbean with a combined throughput capacity of approximately 3.3 million barrels per day, making it the largest refiner in North America.

Baker Hughes Incorporated (NYSE: BHI) up 2.3% on 3.7 million shares traded. Baker Hughes is a leading provider of drilling, formation evaluation, completion and production products and services to the worldwide oil and gas industry.

Market Commentary:

"The retail sector, fighting higher energy and food pricing, managed to eek out an overall 2.4% gain for June. Wal-Mart had good results, helped by new product line Dell Computers, was up 2.4% versus the 0.8% predicted. According to a report from Thompson Financial 45% of retails beat estimates and 55% missed of the 45 surveyed," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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