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MITCHELL PLANS TO LIST ON NEW YORK STOCK EXCHANGE

 MITCHELL PLANS TO LIST ON NEW YORK STOCK EXCHANGE
 THE WOODLANDS, Texas, April 30 /PRNewswire/ -- Mitchell Energy &


Development Corp. today reported that it plans to list its stock on the New York Stock Exchange. The company said it already has applied to the exchange and that the listing probably will become effective during the latter part of May.
 Chairman and President George P. Mitchell said "big board" exposure is expected to broaden investor interest in the company. Most of the large independent energy companies that are Mitchell Energy's peers are listed on the New York Stock Exchange, he noted.
 When the new listing becomes effective, the company will delist its shares from the American and Pacific stock exchanges. Currently, it has about 46.9 million common shares outstanding.
 Mitchell Energy & Development Corp. is a large independent producer of natural gas, natural gas liquids and oil. It also is a major real estate developer in the Houston-Galveston region.
 -0- 4/30/92
 /CONTACT: Charles Simpson, or Tony Lentini of Mitchell Energy & Development, 713-377-5650/
 (MND) CO: Mitchell Energy & Development Corp. ST: Texas IN: OIL SU:


SH -- NY059 -- 4895 04/30/92 11:49 EDT
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Publication:PR Newswire
Date:Apr 30, 1992
Words:192
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