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KCS ENERGY QUARTERLY EARNINGS TO EXCEED ANALYSTS' ESTIMATES

 AUSTIN, Texas, April 1 /PRNewswire/ -- KCS Energy (NYSE: KCS) quarterly earnings are expected to be above recent analysts' estimates," James W. Christmas, president, told the Texas Growth Stock Conference here today.
 Christmas said he was "more than comfortable" with estimates that KCS would earn around 40 cents per share in the quarter ended March 31. Last year the oil and gas exploration company reported quarterly earnings of nine cents per share. KCS earned 23 cents per share in the December quarter.
 "Earnings from our Bob West/Falcon Field in Zapata County, Texas, where we are selling natural gas under an above-market price contract, increased significantly as new wells were placed into production during the quarter," Christmas said. He reported additional drilling in this area is on-going and will continue throughout 1993.
 Christmas told the group that KCS Energy is continuing to seek oil and gas property acquisitions. "We have already made acquisitions this year, adding to our oil interests in Mississippi and acquiring interests in 80 wells in Texas operated by Hanson Minerals. I expect our acquisition activity will continue," he said.
 KCS Energy is engaged in oil and gas exploration and production, natural gas transportation, natural gas marketing and energy services with operations in Texas, Louisiana, Mississippi, New York, New Jersey, Virginia and Pennsylvania.
 -0- 4/1/93
 /CONTACT: Henry A. Jurand, 908-632-1770, or in Houston, C. R. Devine, 713-877-8006, both of KCS Energy, Inc./
 (KCS)


CO: KCS Energy, Inc. ST: Texas IN: OIL SU: ERP

SM-OS -- NY043 -- 1971 04/01/93 11:01 EST
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Date:Apr 1, 1993
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