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PAN PACIFIC PETROLEUM INC. ANNOUNCES SALE

 PAN PACIFIC PETROLEUM INC. ANNOUNCES SALE
 WHITTIER, Calif., Sept. 14 /PRNewswire/ -- Pan Pacific Petroleum


Inc. (Toronto, Vancouver: PPP) announced that Enim Oil Co. Ltd., its subsidiary, has commenced selling gas to Pertamina, the Indonesian National Oil Co. A 17-kilometer gas pipeline was completed on July 15, 1992. Gas delivery commenced on Sept. 6, 1992. Enim is presently negotiating with Pertamina as to the price and as to the amount of production the company will be required to deliver from time to time.
 The company also reported that the audited financial statements for the fiscal year ending Dec. 31, 1991, are expected to be completed by the end of September, at which time the company will ask the Ontario Securities Commission and the British Columbia Securities Commission to lift their cease trade orders and request the Toronto Stock Exchange that the company's common shares resume trading. Upon completion of the audited year-end statements they, along with the unaudited financial statements for the fiscal quarters ending March 31, 1992, and June 30, 1992, will be mailed to shareholders.
 On July 21, 1992, Donald Lamont, president of Interocean Oil & Gas Co., New York, and Interocean Oil Company of Canada and Lawrence Barker Jr. were appointed to the board; Philip Dadson resigned from the board as of the same date.
 -0- 9/14/92
 /CONTACT: Jack F. Conley, president of Pan Pacific Petroleum 310-947-3838/
 (PPP.) CO: Pan Pacific Petroleum Inc.; Enim Oil Co. Ltd.; Pertamina ST: California IN: OIL SU: TNM


BP -- LA020 -- 9212 09/14/92 14:26 EDT
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Date:Sep 14, 1992
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