"This prospect should be drilled to total depth within the next thirty to forty-five days and logging should commence shortly thereafter," stated Arthur Ley, COO of Unicorp. "We are happy to begin 2007 with a prospect that has the potential to add significant reserves to our base if it proves successful."
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.
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