03:51 PM EST - Zapata Energy Corp. : reported that its fiscal 2008 net income increased to $7.698 million or $0.45 per share from $1.881 million or $0.11 per share last year. Net revenue increased to $58.348 million from $45.16 million a year ago. Zapata Energy Corp.
shares V.ZCO are trading up $0.25 at $1.65.