Unicorp is engaged in developing, exploring, and producing crude oil and natural gas. The company’s focus is on acquiring working interests in crude and natural properties.
Unicorp has made significant moves in the past by receiving $7 million in funding, a $1.05 target price from Market Advisors and announcing a large revenue increase.
The company recently announced that it has initiated workover programs to restore production on two shut-in wells acquired from Welsh Field.
The COO of the company stated, “We acquired this field due to the upside potential of remedial work to restore production through low cost workovers and recompletions. Our plan is to maintain an active work program in order to increase production as quickly as possible.”
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