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TRITON REPORTS RESULTS FOR FISCAL 1994 SECOND QUARTER

 DALLAS, Jan. 10 /PRNewswire/ -- Triton Energy Corporation (NYSE: OIL) today announced a loss of $11.2 million, or a loss of $0.32 per common share, for the fiscal 1994 second quarter that ended Nov. 30, 1993. This compares to a net loss of $5.9 million, or $0.17 per common share, in fiscal 1993's second quarter. Revenues for second quarter 1994 were $17.4 million, compared to $25.5 million a year ago.
 The fiscal 1994 second quarter results include a write down of proved properties in France ($3.0 million after tax and minority interest), as a result of the SEC's ceiling limitation requirement primarily associated with lower oil prices. In addition, the prior year's second quarter included the results from the company's Canadian subsidiary and U.S. working interest properties, which were sold in fiscal 1994.
 For the six months ended Nov. 30, 1993, Triton had net earnings of $23.8 million, or $0.69 per common share, compared to a loss of 757,000, or $0.02 per common share, reported in the first six months of fiscal 1993. Revenues for the six months were $93.3 million in fiscal 1994, compared to $55.1 million in the same period a year ago.
 The fiscal 1994 six months results included an after-tax gain of $48.0 million from the sale of Triton's Canadian subsidiary and its working interest properties in the United States. These gains were offset by write downs of proved properties in France ($7.9 million after tax and minority interest).
 Triton Energy, based in Dallas, is an international independent oil and gas exploration and production company with oil and gas activities in numerous countries around the world.
 TRITON ENERGY CORPORATION AND SUBSIDIARIES
 Condensed Consolidated Financial Information
 (Thousands, except per share data)
 (Unaudited)
 Three Months Ended Nov. 30,
 1993 1992
 Revenues $17,371 $25,498
 Writedown of assets and loss provisions 11,634 3,603
 Discontinued operations:
 Gain on public stock offering -- 4,326
 Net loss (11,237) (5,908)
 Loss per common share $(0.32) $(0.17)
 Weighted average number of common
 shares outstanding 34,718 34,100
 Six Months Ended Nov. 30,
 1993 1992
 Revenues $93,343 $55,054
 Writedown of assets and loss provisions 23,896 4,434
 Discontinued operations:
 Gain on public stock offering -- 13,841
 Net earnings (loss) 23,841 (757)
 Earnings (loss) per common share $0.69 $(0.02)
 Weighted average number of common
 shares outstanding 34,684 34,030
 Selected Balance Sheet Items Nov. 30, 1993 May 31, 1993
 Long-term debt, excluding current $151,747 $159,147
 Cash, cash equivalents, and
 short-term investments 106,253 77,192
 -0- 1/10/94
 /CONTACT: W. Greg Dunlevy or Linda Covington of Triton Energy Corporation, 214-691-5200/
 (OIL)


CO: Triton Energy Corporation ST: Texas IN: OIL SU: ERN

TW -- NY040 -- 0508 01/10/94 10:42 EST
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Date:Jan 10, 1994
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