Unicorp, Inc. (OTCBB:UCPI) announced today that it plans to recomplete its initial well in the Georgetown formation on its North Cayuga prospect located in Henderson County, Texas.

Unicorp, Inc. (OTCBB:UCPI) announced today its year-end 2007 reserves.

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.

Unicorp, Inc. (OTCBB:UCPI) announced today that Mr. James T. DeGraffenreid has joined the Company as Vice President of Land and Business Development. Prior to joining Unicorp, Mr. DeGraffenreid served as Corporate Secretary and Director of Land and Business Development for Sterling Energy, Inc.

Unicorp, Inc. (OTCBB:UCPI) announced today that the Easter Seals Well No. 1-R located in Henderson County, Texas has successfully tested oil and gas from the Rodessa Bacon Lime formation at approximately 7,600 feet in depth.