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PARTNERS OIL COMPANY ANNOUNCES UNSUCCESSFUL RECOMPLETION EFFORTS ON RECENTLY ACQUIRED NORTH PADRE ISLAND BLOCK 968

 OKLAHOMA CITY, Jan. 13 /PRNewswire/ -- Partners Oil Company (NASDAQ: PARO) announced today the recompletion efforts on a behind pipe zone on its recently acquired North Padre Island Block 968, through its existing A-2 well, were unsuccessful. The production from this well was anticipated to bring on an additional 1,250 mcf per day net to the company. The company plans to evaluate the newly acquired block for drilling opportunities.
 Partners Oil Company is a publicly owned Oklahoma City-based exploration and production company with primary operations Offshore Texas whose common stock is traded on NASDAQ under the symbol "PARO."
 -0- 1/13/94
 /CONTACT: Michael J. McGrath, executive vice president of Partners Oil Company, 405-843-6654/
 (PARO)


CO: Partners Oil Company ST: Texas IN: OIL SU:

TW -- NY039 -- 1766 01/13/94 10:27 EST
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Publication:PR Newswire
Date:Jan 13, 1994
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