Castle Energy exploring strategic alternatives to enhance shareholders value.
RADNOR, Pa.--(BUSINESS WIRE)--March 5, 1996--Castle Energy Corp.(a) (NASDAQ/NNM:CECX) (the "Company") is exploring strategic alternatives to enhance stockholder value and has retained Lazard Freres & Co. LLC (Logical Link Control) See "LANs" under data link protocol.
LLC - Logical Link Control to act as its exclusive advisor.
The Company through its various subsidiaries, owns a gas sales contract Sales Contract
Contract between a seller and buyer for the sale of goods, services, or both. with Lone Star Lone Star (or Lonestar) may refer to: - Lone Star Flag, the official flag of the State of Texas
- The Lone Star State, an official nickname for the State of Texas; derived from the flag
Gas Co., a 77-mile intrastate pipeline in Rusk County, Texas Rusk County is a county located in the U.S. state of Texas. Originally a part of Nacogdoches County, Rusk was established as its own county by the Congress of the Republic of Texas on January 16, 1843. In 2000, its population was 47,372. and related gas contracts and interests. The Company also owns interests in over 425 wells and is the operator of approximately 350 wells throughout the United States. -0- (a) Castle Energy Corp. is not affiliated with Castle Oil Corp.
CONTACT: Castle Energy Corp., Radnor
Joseph L. Castle II, 610/995-9400
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Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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