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LL&E NAMED NACD'S 1997 BUSINESS CONSERVATION AWARD RECIPIENT.

NEW ORLEANS--(BUSINESS WIRE)--Feb. 19, 1997--The Louisiana Land and Exploration Company (NYSE:LLX) ("LL&E") was presented with the 1997 National Association of Conservation Districts (NACD) Business Conservation Leadership Award at a luncheon held in Kansas City, Missouri, on February 4th during NACD's 51st Annual Meeting.

The National Association of Conservation Districts represents nearly 3,000 conservation districts across the nation. These local subdivisions of state government work to conserve soil, water and other natural resources in their communities. NACD serves as the national voice for these grassroots groups. Each year the Association presents its conservation award to a business corporation that has planned and carried out impressive land, water and related resource management practices on its property in cooperation with a local district or districts.

"We're proud to honor LL&E," said NACD President Gerald L. Vap, who presented the award. "The Company has been a great supporter of conservation efforts in general, and of the conservation efforts of our Louisiana districts in particular. We're very fortunate to have them as a partner." Prior recipients of the award include Proctor and Gamble Paper Products Co., Caterpillar Tractor Company and Goodyear Tire & Rubber. LL&E is the first oil and gas exploration and production company to receive the award.

H. Leighton Steward, LL&E's Chairman, Chief Executive Officer and President accepted the award and spoke about LL&E's conservation accomplishments over the last five decades. LL&E has installed more than 400 water control structures on its land for erosion control and wildlife management. It also supports the activities of local conservation districts, and has entered into cooperative agreements with several of them. LL&E provides educational materials to districts and has sponsored many district tours, workshops and other events. In addition, the Company donated the use of its land and buildings for the establishment of a plant materials and research center.

LL&E, based in New Orleans, Louisiana, is one of the largest independent oil and gas exploration and production companies in the United States. It is also the largest private owner of coastal wetlands in the nation, with holdings of more than 600,000 acres in southern Louisiana. A pioneer in marsh management, LL&E has been a long-term supporter of the Audubon Institute and was one of the first participants in Louisiana's Adopt-A-Beach program.

This release is available on LL&E's Worldwide Web page at: WWW.LLE.COM .

CONTACT: The Louisiana Land and Exploration Company, New Orleans

Al Petrie, 504/566-6478

Clay Jeansonne, 504/566-6731
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Date:Feb 19, 1997
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