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AMERICAN EXPLORATION FILES REGISTRATION STATEMENT FOR PUBLIC OFFERING

AMERICAN EXPLORATION FILES REGISTRATION STATEMENT FOR PUBLIC OFFERING
 HOUSTON, March 20 /PRNewswire/ -- American Exploration Company (AMEX: AX) today announced that it has filed a registration statement for a 10,000,000 share public offering of common stock.
 The shares will be offered through Lehman Brothers, Smith Barney, Harris Upham & Co. Incorporated and Petrie Parkman & Co.
 American Exploration Company is an independent oil and gas company with production in the United States and Canada and exploratory activities in North America, Tunisia, the Sultanate of Oman and New Zealand.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This notice shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 3/20/92
 /CONTACT: Frank Murphy of American Exploration, 212-230-0344/
 (AX) CO: American Exploration Company ST: Texas IN: OIL SU: OFR


AH-SH -- NY058 -- 0163 03/20/92 14:26 EST
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Publication:PR Newswire
Date:Mar 20, 1992
Words:214
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