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BROOKLYN UNION SUBSIDIARY ACQUIRES EXXON WELLS IN ARKOMA BASIN

 NEW YORK, May 5 /PRNewswire/ -- Brooklyn Union Gas (NYSE: BU) announces today that Fuel Resources Inc., its Houston-based subsidiary, had acquired interests in 60 wells from Exxon Corporation (NYSE: XON) for a total cost of $20 million. Closing occurred on April 30, 1993.
 Located in the Arkoma basin in Arkansas, the wells range from depths of 1,500 to 6,000 feet and produce an average of 9 to 10 million cubic feet of gas per day, net to the interests acquired. Fuel Resources will assume operations on 40 of the acquired wells.
 "This purchase is part of our strategy to acquire long-life gas reserves, particularly in areas where we see future development potential," said R. Gerald Bennett, chief executive officer of Fuel Resources Inc. "This acquisition is our second in the Arkoma Basin, and provides a strong base to expand operations and to pursue future marketing opportunities."
 Fuel Resources has made significant additions to its proved gas reserve base this year as a result of acquisitions in the Arkoma region and in Alberta by a Canadian gas-production and processing company owned by FRI. Fuel Resources is also expected to show record gas production this year.
 Brooklyn Union gas distributes natural gas in the New York City boroughs of Brooklyn, Queens and Staten Island, serving the growing energy needs of four million residents. In addition to investments in gas exploration and marketing, Brooklyn Union has interests in cogeneration projects, pipelines and propane distribution.
 -0- 5/5/93
 /CONTACT: Jan C. Childress, manager of investor relations of Brooklyn Union Gas, 718-403-3382, or fax 718-852-8221/
 (BU XON)


CO: Brooklyn Union Gas ST: New York IN: UTI SU: TNM

LD-TM -- NY005 -- 4721 05/05/93 09:01 EDT
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Date:May 5, 1993
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