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) is an oil and gas exploration and production company.
