Message #33 From:
NewsBot Date: January 8, 2007 01:05:00 PM
UCPI News Unicorp Announces That It Has Retained an Investment Banking Firm to Assist with Its 2007 Acquisition Strategy
HOUSTON--(BUSINESS WIRE)--Unicorp, Inc. (OTCBB:UCPI) announced today that it has retained an
investment banking firm on a non-exclusive basis to assist with its 2007
acquisition strategy. The company has already been introduced to a
financing partner and is currently evaluating several potential
acquisitions of producing properties.
“We are continuing to focus on exploration but
believe that a successful acquisition program will accelerate the
already rapid growth of our company,” stated
Art Ley, COO of Unicorp. “We believe that the
addition of an acquisition strategy is very important to our company and
hope to close the first acquisition in this current fiscal quarter.”
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.
Safe Harbor Statement
This press release contains statements that may constitute
forward-looking statements, including the company’s
ability to successfully acquire oil and gas properties and drill
commercial wells. These statements are based on current expectations and
assumptions and involve a number of uncertainties and risks that could
cause actual results to differ materially from those currently expected.
For additional information about Unicorp’s
future business and financial results, refer to Unicorp’s
Annual Report on Form 10-KSB for the year ended December 31, 2005 and
Form 10-QSB for the quarter ended September 30, 2006. Unicorp undertakes
no obligation to update any forward-looking statement that may be made
from time to time by or on behalf of the company, whether as a result of
new information, future events or otherwise.
