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NOBLE AFFILIATES ACQUIRES ADDITIONAL INTEREST IN ISIS CONCESSION

 ARDMORE, Okla., April 2 /PRNewswire/ -- Noble Affiliates, Inc., (NYSE: NBL) today announced its subsidiary, Samedan of Tunisia, Inc., has acquired additional interest in the Isis concession offshore Tunisia.
 Samedan of Tunisia has acquired an additional 18 percent interest in the Isis concession for $2 million, bringing the company's total interest in the concession up to 49 percent.
 Under an existing participation agreement between Samedan of Tunisia and a third party, that party has a 30 day option to acquire one-half of the additional interest (9 percent) at Samedan of Tunisia's cost. The option period will expire on April 21.
 The company intends to conduct a 3D seismic program on the concession during the year.
 Noble Affiliates, Inc. is an independent energy company with exploration and production operations throughout major basins in the United States, including the Gulf of Mexico, as well as international operations primarily in Canada, Tunisia, Indonesia and Equatorial Guinea. Its common stock is listed on the NYSE under the symbol "NBL."
 -0- 4/2/93
 /CONTACT: William D. Dickson of Noble Affiliates, Inc., 405-223-4110/
 (NBL)


CO: Noble Affiliates, Inc.; Samedan of Tunisia, Inc. ST: Oklahoma IN: OIL SU: TNM

SH -- NY021 -- 2445 04/02/93 10:50 EST
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Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 2, 1993
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