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did they run out of shares at .13, looking for .14 now
there were some nice size buys yesterday, i think the bigest was 23,000 shares and some for 10,000 shares
90 day moving avg. .14
nobody knows how many shares for sale under .13
.125 a new support??? how do you read the news?
nite moves the bid up to .12, thank you nite. now will it hold?
with a spread like this .107 to .13 makes it look like a big jump but still the same till the bid goes up.
level 2 is what the mm`s will buy and sell it for. and it can change at any moment. i look to see where there are more then 3 of them to see where support adn resistence is at.
i see it like this we should hold .10 real good support there. resistence at .15 to many mm`s below this. would need a reason to go up.
6 MM`s at .10 or better on the bid. thats pretty good support
same 3 mm`s under .15 for about a week now, won`t take much to move it. but will ucpi be putting out anything.
It`s nice when i`m wrong
Looks like we will be going back to .10, hope it can hold that.
staying inbetween .106 and .14
which way will she go?
Isn`t this the first time in about 6 months that ucpi has went 30 days without any insider trading?
today was a day it held its own while others fell across the world.
There were some nice buys that went thru last week. I was thinking of .19 for a sell price but now i canceled that order and watching for the .20`s.
3 MM`s at .14 or less, who knows hows many shares that is?
now theres MM`s between .25 and .30, last week it was pretty empty from .15 to .50`s
today makes a new high for the bid .135
only one MM under .14 NITE
on level 2 nite was at .12 changed to .14, hill was at .12 changed to .30
2nd time in UCPI
i bought back in oct @.15 sold @.18
I`m in again @ .12 lookn for .17 -.19
Well CEO Casey no longer CEO now CEO is Robert Munn
Casey sold alot of shares
Munn has bought twice totaling 180,000 shares for about $20,000
slight price jump in jan. 2008
here we go
will this go back to the .30`s
Unicorp Announces Its Largest Texas Discovery to Date on Its Catfish Creek Prospect
Wednesday October 31, 4:05 pm ET
ucpi
I bought in this morning at .153
Unicorp Announces Its Largest Texas Discovery to Date on Its Catfish Creek Prospect
Wednesday October 31, 4:05 pm ET
HOUSTON--(BUSINESS WIRE)--Unicorp, Inc. (OTCBB:UCPI - News) announced today that its Catfish Creek Well No. 1, located in Henderson County, Texas, flow tested 87 barrels of oil and 266 thousand cubic feet (Mcf) of gas per day. Production is from the Rodessa Bacon Lime formation which is located between 9651 to 9658 feet deep. The Catfish Creek prospect consists of over 8,000 gross acres in which the Company along with its partners has mineral rights to a depth of 10,600 feet, and the option to participate in wells below 10,600 feet. This option is important because it will allow the Company to test both the deeper Cotton Valley and Bossier formations which are present throughout the acreage at depths below 10,600 feet. These formations are prolific hydrocarbon producers in other fields in the region. The Company is excited about the potential these formations hold and currently plans to drill a second well in the 4th quarter of 2007 to develop the Rodessa Bacon Lime discovery and possibly a deep test to the Cotton Valley formation in early 2008. The Company has a 33% before payout and 25% after payout working interest in each well drilled and an approximate 24.8% before payout and 18.75% after payout net revenue interest in each producing well.
Management Comments
Bob Munn, President and CEO of Unicorp said: “The significance of this discovery to Unicorp is the potential for 20 to 40 additional wells in the Rodessa Bacon Lime formation on this prospect. The success of the Catfish Creek No. 1 well allows us to add four proved undeveloped locations which will significantly increase our year-end reserve estimates when compared to those for the year ended December 31, 2006. Our immediate plans are to drill a second well before year end to further delineate the reservoir and identify additional drilling locations.” Mr. Munn went on to say: “We are equally excited about testing the deeper Cotton Valley and Bossier formations as soon as possible. This play has significant reserve potential in excess of 50 Bcfe. These are, however, deeper and more expensive wells hence we will proceed only after thorough planning and evaluation.”
In other news, Unicorp announced it had sold its participating interest in the Clemens Dome prospect, located in Brazoria County, Texas. Mr. Munn is quoted as saying: “Based upon our discovery at Catfish Creek, we felt it important to reallocate our drilling budget from the potential one well prospect at Clemens Dome to a potential multiple well field at Catfish Creek.” Unicorp received its original investment of approximately $750,000 from the sale.
only one MM at .16 , 2 at .17, then .25
also:
Unicorp Announces Successful Test of the Initial Well on Its North Cayuga Prospect
Wednesday October 17, 8:49 am ET
HOUSTON--(BUSINESS WIRE)--Unicorp, Inc. (OTCBB:UCPI - News) 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. The well was drilled to a total depth of approximately 9,000 feet to test the Woodbine, Rodessa Bacon Lime, Travis Peak and Duck Creek Limestone formations. Production facilities will be installed and the well should be turned to production within the next three weeks. Unicorp has an approximate 21% before payout and 16% after payout working interest in this well. Additional geologic and engineering analysis will be performed to determine additional offset potential.
"We are pleased that the Easter Seals No. 1-R well has successfully tested oil and gas from the Rodessa Bacon Lime formation and we anticipate gross production of between 40 and 50 barrels of oil per day once the production facilities are installed," stated Bob Munn, CEO of Unicorp. "This prospect is comprised of approximately 450 gross acres and we are hopeful that additional well locations can be identified on this prospect."
I have not looked at tnog for a long time why did it drop? whats with the buying this morning?
eyeamgame do you own any stock in gnmt? i see you only made these 2 posting on this board.
will you be changing the name to gnmt?
this one buys and sells and the sells are planned. do some DD.
i was unaware that a free member could even be an asst. i might want to look into doing that.
welcome back
you just might get some. i was thinking the same thing, but no funds available right now.
interesting how the MM`s put the bid to .16 but no trades to take it down. holding pretty good.
won`t left neg. posting but will correct spelling, now thats funny.
what makes you think people are feeling threatened?
YES, gdubya, was right on. i didn`t read anything about lack of money, more spending the least amt. with the most holes. better to wait and get the best results.
thanks for your post and stating where your info comes from. i did call but was only able to leave my name and number. i don`t expect a call back.
gdubya, to make such a comment (without posting where you got this from) and then not to reply. hum makes me wonder if your saying the truth or NOT!!!