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KCS ENERGY COMPLETES ACQUISITION OF OIL AND GAS INTERESTS

 HOUSTON, July 14 /PRNewswire/ -- KCS Energy, Inc. (NYSE: KCS) announced today the completion of the previously announced acquisition of varying working interests in approximately 80 producing gas and oil wells in the Texas Gulf Coast region from a group of individuals headed by Neil Hanson. Substantially all of the wells are operated by Hanson Minerals Company in Houston.
 The acquisition will add an estimated 8.7 billion cubic feet of gas and 400,000 barrels of oil/condensate to KCS Energy's proven reserves, a spokesman said. The purchase was completed with a combination of cash and KCS Energy common stock.
 KCS Energy is engaged in oil and gas exploration and production, natural gas transportation, natural gas marketing and energy services with operations in Texas, Louisiana, Mississippi, New York, New Jersey, Virginia and Pennsylvania.
 -0- 7/14/93
 /CONTACT: Henry A. Jurand, 908-632-1770 or C.R. Devine, in Houston, 713-877-8006, both of KCS Energy/
 (KCS)


CO: KCS Energy, Inc. ST: Texas IN: OIL SU: TNM

MP-WB -- NY074 -- 1507 07/14/93 14:40 EDT
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Publication:PR Newswire
Date:Jul 14, 1993
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