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CODA ENERGY UNDERWRITERS EXERCISE OPTION

 DALLAS, Sept. 27 /PRNewswire/ -- Coda Energy, Inc. (NASDAQ-NMS: CODA) announced today that its underwriters have exercised their over-allotment option to purchase an additional 900,000 shares of the company's common stock, in connection with the company's public offering announced on Sept. 22, 1993.
 The over-allotment shares will be purchased by the underwriters at the same price and on the same terms and conditions as was the company's common stock in the offering. A prospectus relating to the offering may be obtained from A.G. Edwards & Sons, Inc. or Johnson Rice & Company.
 Coda Energy, Inc. is an oil and gas acquisition, exploitation, development and production company headquartered in Dallas, with principal operations in Texas and Oklahoma. The company's stock is traded on the NASDAQ National Market System under the symbol CODA.
 -0- 9/27/93
 /CONTACT: Douglas H. Miller or T. W. Eubank of Coda Energy, Inc., 214-692-1800/
 (CODA)


CO: Coda Energy, Inc. ST: Texas IN: OIL SU:

PS -- NY023 -- 5820 09/27/93 09:20 EDT
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Publication:PR Newswire
Date:Sep 27, 1993
Words:166
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