SOURCE: Wall Street News Alert

Wall Street News Alert

June 20, 2007 09:38 ET

Wall Street News Alert: UCPI Is Still on the Move! June 20, 2007

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

WESTON, FL--(Marketwire - June 20, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Unicorp Inc. (OTCBB: UCPI), Texas Instruments Incorporated (NYSE: TXN), Citadel Broadcasting Corporation (NYSE: CDL) and Minera Andes Inc. (OTCBB: MNEAF).

Investors will be watching Unicorp Inc. (OTCBB: UCPI) 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 that it has completed the acquisition of producing properties in Welsh Field, Jefferson Davis Parish, Louisiana, which is its largest acquisition of producing properties to date.

This is great news for a company that already has five working projects already producing oil! Current production is approximately 42 barrels of oil per day gross (32 bopd net) from two active oil wells. The properties contain a total of fifteen wells including two saltwater injection wells. Unicorp has identified remedial opportunities in nine of the wells, which could restore total gross production to approximately 200 bopd (150 bopd net).

Unicorp plans to commence rework operations in July on six of the nine wells. If successful on the nine well remedial program, this property could provide monthly cash flow of approximately $225,000. Unicorp owns a 100% working interest and a 75% net revenue interest in this field. The purchase price was $1.3 million and was funded from Unicorp's recently announced $7.0 million convertible debenture.

This could be huge for the company, which has previously announced that it expects to triple its gross profit in fiscal 2007! "We are pleased to have completed this acquisition and believe this field has a lot of upside opportunity through low cost remedial work," stated Kevan Casey, CEO of Unicorp. "We previously announced that we were cash flow positive from operations, excluding non-cash charges, and believe this field could significantly add to our earnings and cash flow."

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

For Wall Street News Alert's in-depth and updated profile of Unicorp, visit: http://www.WallStreetNewsAlert.com/HotStocks/UCPI061907/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.

Texas Instruments Inc. (NYSE: TXN) down 1.4% on 14.9 million shares traded. Texas Instruments Incorporated engages in the design, manufacture, marketing, and sale of high-technology components in the United States, Asia, Europe, Japan, and rest of the world.

Citadel Broadcasting Corporation (NYSE: CDL) up 0.6% on 9.8 million shares traded. Citadel Broadcasting Corporation is a radio broadcaster focused primarily on acquiring, developing and operating radio stations throughout the United States. Citadel owns and operates 165 FM and 58 AM radio stations in 46 markets located in 24 states across the country.

Minera Andes Inc. (OTCBB: MNEAF) down 0.4 % on 897,000 shares traded. Minera Andes is a gold, silver and copper exploration company working in Argentina. The Corporation holds about 410,000 acres of mineral exploration land in Argentina including the co-owned San Jose silver/gold mine under construction for production and cash flow by mid-2007.

Market Commentary:

"Wanted: car ideas! Google announced today that they are awarding grants, from $1 to $10 million, to help develop plug-in hybrid cars aiming for 70-100 mpg. This project, called the RechargelT initiative, wants to advance these ideals and plug into the nation's electronic grid," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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