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GLOBAL NATURAL RESOURCES NAMES VICE PRESIDENT OF TEXNEFT

 HOUSTON, May 17 /PRNewswire/ -- Global Natural Resources Inc. (NYSE: GNR) announced today that Henk H. Jelsma has been elected vice president of Texneft, the wholly-owned subsidiary through which it carries out its activities in Tatarstan, Russia. Jelsma will also serve as Technical Director for the joint-venture Tatex, in which he will be responsible for the application of technology in drilling and production operations.
 Jelsma, who was most recently director general of the Russian joint venture Siberian Sperry Sun, has worked extensively in the oil and gas industry, both in the United States and internationally for more than 20 years. He holds several patents, some of which are in the area of horizontal drilling. This particular technology is central to the development of certain oil fields in Russia in which the company is involved.
 Robert F. Vagt, president and chief executive officer of Global Natural Resources, said, "We are fortunate to obtain the services of an individual with such broad background in the industry, but who is also unique, in that he has current experience in managing drilling and production operations in Russia."
 Global Natural Resources is engaged in worldwide oil and gas exploration and production and in natural gas gathering, processing and marketing. The company has operations and interest in North America, Tatarstan, Russia, Indonesia and Malaysia.
 -0- 5/17/93
 /CONTACT: Robert F. Vagt or David W. Martin of Global Natural Resources, Inc., 713-880-5464/
 (GNR)


CO: Global Natural Resources Inc.; Texneft ST: Texas IN: OIL SU: PER

ML -- DE024 -- 9238 05/17/93 12:55 EDT
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Publication:PR Newswire
Date:May 17, 1993
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