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PARTNERS OIL ANNOUNCES RESULTS OF SHAREHOLDERS MEETING

 PARTNERS OIL ANNOUNCES RESULTS OF SHAREHOLDERS MEETING
 HOUSTON, Dec. 17 /PRNewswire/ -- Partners Oil Company


(NASDAQ: PAROA) today announced that as a result of its shareholders meeting, the following were elected directors of the corporation: Errol King, Paul E. Cameron Jr., Benjamin L. Hinds, Walter C. Sullivan and L.R. Dunwoody. Following the shareholders meeting the new board convened and appointed Errol King chairman of the board and Cameron, Dunwoody and Hinds members of the executive committee of the board.
 The executive committee will have an ongoing examination of the company's business with the idea of increasing shareholders equity and value.
 Partners Oil Company is a Houston, Texas based exploration and production company whose common stock is traded on NASDAQ.
 -0- 12/17/91
 /CONTACT: E. Ralph Daniel, president of Partners Oil Company, 713-658-8374/
 (PAROA) CO: Partners Oil Company ST: Texas IN: OIL SU: PER FC -- NY024 -- 2869 12/17/91 10:27 EST
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Publication:PR Newswire
Date:Dec 17, 1991
Words:153
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