Unicorp primarily engages in the acquisition, development, exploration and producing of crude oil and natural gas. It is focused on aggressively acquiring working interests in crude and natural properties with plans to explore and develop the properties using modern development techniques.
In yesterday’s press release, the company announced that it has completed the initial workover program on a recently acquired property located in Lousiana. It reported that the well is now producing oil in the testing phase.
Unicorp also announced that it has already begun rework operations on the second well and has plans to continue developing the seven remaining wells over the next several months.
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