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SONAT EXPLORATION PURCHASES OIL AND GAS PROPERTIES

 BIRMINGHAM, Ala., Nov. 29 /PRNewswire/ -- Sonat Inc. (NYSE: SNT) today announced that Sonat Exploration Company has purchased oil and gas properties in south Texas from Tri-C Resources, Inc. and other owners for approximately $62 million.
 The properties, located primarily in Webb and Duval counties, include 87 producing oil and gas wells located in 18 fields and approximately 40,000 gross acres. The properties currently produce approximately 18 million net cubic feet of natural gas equivalent per day. Sonat Exploration estimates the proved reserves associated with these properties to be 90 billion cubic feet of natural gas equivalent.
 "These properties are an excellent addition to our holdings in south Texas and include a number of development and low-risk exploratory opportunities," said Donald G. Russell, chairman and chief executive officer of Sonat Exploration. "We intend to drill 70 or more wells on these properties over the next six months," he said.
 Sonat Exploration, headquartered in Houston, is a wholly owned subsidiary of Sonat Inc. Sonat Inc., headquartered in Birmingham, Ala., is a diversified energy company involved in natural gas transmission and marketing and oil and gas exploration and production. It also has significant investments in the oil field services industry.
 -0- 11/29/93
 /CONTACT: Bruce Connery of Sonat, 205-325-3898/
 (SNT)


CO: Sonat Inc.; Sonat Exploration Company; Tri-C Resources, Inc. ST: Alabama, Texas IN: OIL SU: TNM

BN-ST -- AT006 -- 8316 11/29/93 13:04 EST
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Publication:PR Newswire
Date:Nov 29, 1993
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