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LL&E ANNOUNCES WITHDRAWAL OF OFFER TO BUY

 LL&E ANNOUNCES WITHDRAWAL OF OFFER TO BUY
 HOUSTON, Feb. 4 /PRNewswire/ -- The trustee of LL&E Royalty Trust


(NYSE: LRT) announced today that The Louisiana Land and Exploration Company (NYSE: LLX) ("LL&E") has withdrawn its offer to purchase the assets of LL&E Royalty Trust. LL&E attributed its decision primarily to the recent decline in oil and gas prices.
 -0- 2/4/92
 /CONTACT: Roark Ashie, First City Bank, as trustee, 713-658-7145/
 (LRT LLX) CO: LL&E Royalty Trust; Louisiana Land & Exploration Company ST: Texas IN: OIL SU: TNM SM -- NY069 -- 6728 02/04/92 13:08 EST
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Publication:PR Newswire
Date:Feb 4, 1992
Words:101
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