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HADSON ENERGY RESOURCES TO OPERATE AUSTRALIAN EXPLORATION PERMIT, LISTS ON AMEX

 OKLAHOMA CITY, Jan. 28 /PRNewswire/ -- Hadson Energy Resources Corporation (AMEX: HDX) today reported that its subsidiary, Hadson Energy Limited, has completed an agreement to farm into Exploration Permit WA-209-P in the Carnarvon Basin, Northwest Shelf of Australia. Hadson Energy will operate and hold a 37.5 percent working interest. Other participants in the permit are Globex Far East (37.5 percent), BHP Petroleum (10 percent), Norcen International Ltd. (8.75 percent) and Phillips Australian Oil Company (6.25 percent).
 Hadson Energy and its partners plan to drill a wildcat well in the permit area during the second quarter of 1993. The well will be approximately 15 miles from, and on trend with, the recent Wandoo oil discovery. Evaluation of additional prospects within the permit area is currently in progress.
 Hadson Energy also announced that on Dec. 22, 1992 its common stock began trading on the American Stock Exchange.
 Hadson Energy Resources Corporation is an energy company engaged in international and domestic crude oil and natural gas exploration, development and production.
 -0- 1/28/93
 /CONTACT: William C. Rankin, senior vice president and chief financial officer of Hadson Energy Resources Corporation, 405-235-9531; or Warren C. Shimmerlik of Shimmerlik Corporate Communications, Inc., 212-247-5200, for Hadson/
 (HDX)


CO: Hadson Energy Resources Corporation ST: Oklahoma IN: OIL SU:

WB -- NY035 -- 0171 01/28/93 10:51 EST
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Date:Jan 28, 1993
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