12:04 PM EST - Zapata Energy Corp. : on Thursday reported fiscal-2007 net income of $1.88 million or $0.11 per share, compared to $5.93 million or $0.34 per share in the prior year. The company's full-year gross revenue declined to $54.39 million from $54.89 million a year ago. Zapata Energy Corp.
shares T.ZCO are trading up 3 cents at $2.78.
