ExxonMobil Donates $1.5 Million to Gustav Disaster Relief in Louisiana

Exxon Mobil Corporation announced today a donation of $1.5 million for disaster relief assistance in Louisiana resulting from Hurricane Gustav. “The physical damage from Gustav’s hurricane force winds has been devastating, particularly in south Louisiana,” said Rex W. Tillerson, chairman and chief executive officer. “Hundreds of thousands of people will be without power for several more weeks... 

Unicorp Announces Drilling is Expected to Begin on Its Second Well on Its North Edna Prospect and Provides Update

Unicorp, Inc. announces that drilling is expected to begin during the month of May on its second well on its North Edna prospect, located in Jefferson Davis Parish, Louisiana, and provides an update. The initial well, the Lejuene No. 1, has been producing for over eight months and is currently producing in excess of 100 barrels of oil per day. Based upon geological mapping from data gathered from the... 

Unicorp begins drilling North Laurel Ridge Prospect

Unicorp Inc. has started drilling on its North Laurel Ridge Prospect in Iberville Parish, La. The project, in which the company has a 5 percent working stake and a 4 percent net revenue stake, will be drilled to a depth of about 12,300 feet. Total reserves from the project are estimated to be roughly 1.1 million barrels of oil and 3.3 billion cubic feet of gas. Houston-based Unicorp (OTCBB: UCPI)... 

Morgan Creek Energy Announces Letter of Intent to Acquire Interest in Bayou Choctaw Oil and Gas Prospect in Louisiana

Morgan Creek Energy Corp. (Nachrichten) (OTC Bulletin Board: MCRE; Frankfurt, Berlin: M6C) (the “Company”), announces that it has entered into a letter of intent to acquire a 25% working interest in the “Bayou Choctaw” oil and gas project located in Iberville Parish, State of Louisiana. The prospect includes both development and exploration aspects related to the project. Proven...