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TIDE WEST OIL ANNOUNCES PURCHASE OF OIL, GAS PROPERTIES FOR $6 MILLION

 TULSA, Okla., Oct. 4 /PRNewswire/ -- Tide West Oil Company (NASDAQ: TIDE) today announced the closing of the purchase of oil and gas interests in the Permian Basin for more than $6 million. Including this acquisition, the company has purchased $18.5 million of producing properties in 1993 having total proved developed reserves of 1 million barrels of oil and 17 billion cubic feet of natural gas. Tide West is an independent oil and gas company focused on the acquisition and enhancement of producing oil and gas properties.
 -0- 10/4/93
 /CONTACT: Philip B. Smith, president, or Douglas J. Flint, vp-operations, 918-488-8962, of Tide West Oil Company; or Larry Howell of Howell Communications, Inc., 214-340-9994/
 (TIDE)


CO: Tide West Oil Company ST: Oklahoma IN: OIL SU:

SH -- NY051 -- 8285 10/04/93 10:43 EDT
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Publication:PR Newswire
Date:Oct 4, 1993
Words:135
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