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COORS SIGNS AGREEMENT TO SELL ADDITIONAL ENERGY ASSETS

 COORS SIGNS AGREEMENT TO SELL ADDITIONAL ENERGY ASSETS
 GOLDEN, Colo., April 3 /PRNewswire/ -- Coors Energy Co., a wholly owned subsidiary of Adolph Coors Co. (ACCOB) today announced that Gasco Inc. of Lakewood, Colo., a wholly owned subsidiary of K N Energy Inc., (NYSE: KNE) has agreed to purchase Coors Energy Co.'s western Colorado oil and gas-related properties for $2.55 million.
 In 1990, Coors Energy announced its intention to explore options to improve the return on its investment in energy assets. Yesterday, the company sold a substantial portion of its eastern Colorado oil and gas assets and continues its efforts to market remaining assets throughout eastern Colorado, Nebraska, Utah and Wyoming. The sale of western Colorado assets to Gasco is expected to close July 1, 1992.
 -0- 4/3/92
 /CONTACT: Becky Winning or Dave Dunnewald both of Adolph Coors Co., 303-277-2555 or 800-332-3725 (Colorado only)/
 (ACCOB KNE) CO: Adolph Coors Co.; K N Energy Inc. ST: Colorado IN: FOD SU:


MC -- DV002 -- 4812 04/03/92 12:09 EST
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Publication:PR Newswire
Date:Apr 3, 1992
Words:171
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