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AMERICAN NATIONAL PETROLEUM COMPANY MAKES ANNOUNCEMENT

 AMERICAN NATIONAL PETROLEUM COMPANY MAKES ANNOUNCEMENT
 HOUSTON, Oct. 9 /PRNewswire/ -- American National Petroleum Company


(NASDAQ: ANPC) announced that it plans to hire an investment banking firm to evaluate whether or not to sell the company. The board of directors of the company will select the investment banking firm within the next three weeks. The investment banking firm that is hired will be directed to maximize values to all shareholders.
 American National Petroleum Company, a Houston, Texas based company, is engaged in oil and natural gas exploration and production and energy related business.
 -0- 10/9/92
 /CONTACT: Michael Y. McGovern of American National Petroleum Company, 713-961-1770/
 (ANPC) CO: American National Petroleum Company ST: Texas IN: OIL SU:


TM -- NY067 -- 8485 10/09/92 16:12 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Oct 9, 1992
Words:126
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