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ARCH PETROLEUM ANNOUNCES NATIONAL MARKET LISTING FOR COMMON STOCK

 ARCH PETROLEUM ANNOUNCES NATIONAL MARKET LISTING FOR COMMON STOCK
 FORT WORTH, Texas, Oct. 7 /PRNewswire/ -- Arch Petroleum Inc. (NASDAQ: ARCH) announced that its common stock began trading on October 6 in the Nasdaq National Market. Arch is an oil and gas exploration and production company with interests in natural gas transportation.
 Arch President Larry Kalas noted, "Arch's entry into the Nasdaq National Market provides brokers and others with immediate access to the best bid and asked prices and other information about Arch's shares throughout the trading day. In addition to reaching over 190,000 electronic terminals in brokers' offices throughout the United States and the world, trading data are widely distributed through wire services for selective dissemination by the media."
 Randall W. Scroggins, director of investor relations for Arch, added, "Arch's National Market listing will make it easier for the growing number of interested investors to follow the company daily. It also better informs the brokerage community by making all bids and offers visible. This step is consistent with our desire to become known to a larger number of investors and should heighten our stock's visibility and liquidity."
 NOTE: Arch Petroleum Inc. is an independent oil and gas exploration and production company headquartered in Fort Worth, with interests in producing properties in Texas, New Mexico, Oklahoma, Louisiana and North Dakota. Arch Production Company is its wholly-owned subsidiary. Arch participates in natural gas transmission through its interest in Saginaw Pipeline Company L.C.
 -0- 10/7/92
 /CONTACT: Randall W. Scroggins, vice president of Arch Petroleum Inc., 817-332-9209 or 1-800-772-8558/
 (ARCH) CO: Arch Petroleum Inc. ST: Texas IN: OIL SU:


AH -- NY048 -- 7536 10/07/92 15:21 EDT
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Publication:PR Newswire
Date:Oct 7, 1992
Words:278
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