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USX TO REDEEM OUTSTANDING TEXAS OIL & GAS DEBENTURES DUE 2002

 USX TO REDEEM OUTSTANDING TEXAS OIL & GAS DEBENTURES DUE 2002
 PITTSBURGH, Oct. 6 /PRNewswire/ -- USX Corporation (NYSE: X) announced today that it is redeeming all of its outstanding Texas Oil & Gas Corp. 11-1/2 percent Debentures Due 2002 on Nov. 1, 1992.
 A total of $15 million aggregate principal amount of such debentures is currently outstanding. An aggregate principal amount of the debentures totaling $3.3 million is being redeemed at par pursuant to mandatory sinking fund redemption. An additional $4.95 million aggregate principal amount of the debentures is being redeemed at par pursuant to additional optional redemption. The balance ($6.75 million) of the debentures is being redeemed at an optional redemption price of 104.988 percent.
 The Paying Agent is Chemical Bank. If forwarding by mail, send to Chemical Bank, Debt Operations, GPO Station, P.O. Box 2862, New York, N.Y. 10116-2862. Hand deliveries can be made to Chemical Bank, 55 Water Street, Room 2234, Second Floor - North Building, New York City.
 -0- 10/6/92
 /CONTACT: William E. Keslar and Don H. Herring of USX Corporation, 412-433-6870/
 (X) CO: USX Corporation; Texas Oil & Gas Corp. ST: Pennsylvania IN: OIL SU:


CD -- PG012 -- 7224 10/06/92 16:29 EDT
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Publication:PR Newswire
Date:Oct 6, 1992
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