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SEAGULL ENERGY CORPORATION ANNOUNCES NATURAL GAS DISCOVERY

 HOUSTON, June 16 /PRNewswire/ -- Seagull Energy Corporation (NYSE: SGO) announced today a natural gas discovery on Brazos Block 552 in 79 feet of water about 60 miles southwest of Freeport, Texas, in the "Seagull Trend" in the Gulf of Mexico.
 The OCS-G-11283 No. 1 well encountered more than 100 feet of productive sands in nine zones. A 20-foot continuous zone at a depth of between 5,900 and 6,000 feet deep was tested at a flow rate of 9.4 million cubic feet of gas per day through a 26/64-inch choke with a flowing tubing pressure of 2,226 pounds per square inch.
 Seagull's exploration and production subsidiary is the operator and has a 50 percent working interest in Brazos Block 552. Other partners, each with 25 percent working interests, are Ashland Exploration, Inc., a subsidiary of Ashland Oil, Inc. (NYSE: ASH), and Mitchell Energy Corporation, a subsidiary of Mitchell Energy & Development Corp. (NYSE: MND A and MND B).
 Another operator is currently drilling a confirmation well on an adjacent offshore block. If this well is successful, Seagull and its partners have agreed to join with the other operator to form a Joint Development Area. Initial production from the Joint Development Area would be expected in 1994.
 In addition to its gas and oil exploration and production activity, Houston-based Seagull is engaged in the transportation, distribution and marketing of natural gas, liquids products and petrochemicals, and natural gas processing.
 -0- 6/16/93
 /CONTACT: Alan Payne of Seagull Energy Corporation, 713-951-4700/
 (SGO)


CO: Seagull Energy Corporation ST: Texas IN: OIL SU: DSC

MP -- NY050 -- 2637 06/16/93 13:03 EDT
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Publication:PR Newswire
Date:Jun 16, 1993
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