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Corporate Profile for PANACO Inc., dated July 2, 1999.

--(BUSINESS WIRE)--

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date: July 2, 1999

Company Name: PANACO Inc.

Address: 1100 Louisiana, Suite 5100
 Houston, Texas 77002

Main Telephone
 Number: 713/970-3100

Internet Home
 Page Address
 (URL) http://www.panaco.com

Chief Executive
 Officer: Larry M. Wright

Chief Financial
 Officer: Todd R. Bart

Investor Relations
 Contact: Michele Hines
 Business number: 713/970-3101
 E-mail address: MicheleH@panaco.com

Public Relations
 Contact: Michele Hines
 Business number: 713/970-3101
 E-mail address: MicheleH@panaco.com

Industry: Oil and Gas Production

Trading Symbol/
 Exchange: Nasdaq/PANA

Market Makers: A.G. Edwards


Company description: PANACO Inc. is an independent oil and gas exploration and production Company focused primarily on the Gulf of Mexico and the Gulf Coast Region. The Company acquires producing properties with a view toward further exploitation and development, capitalizing on state-of-the-art 3-D seismic and horizontal drilling technology to recover reserves that were bypassed or previously overlooked. Emphasis is also placed on pipeline and other infrastructure to provide transportation, processing and tieback services to neighboring operators.
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Article Details
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 2, 1999
Words:204
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