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WAINOCO COMPLETES SALE OF COMMON STOCK

 HOUSTON, July 16 /PRNewswire/ -- Wainoco Oil Corporation (NYSE: WOL) announces that it has offered 5 million shares of its common stock late yesterday through its three managing underwriters, The First Boston Corporation, Merrill Lynch & Co. and Johnson Rice & Company.
 Wainoco Oil Corporation is a North American oil and gas exploration, production and refining company with operations in the western United States and Canada. Wainoco's common shares are listed on the New York Stock and Alberta Stock Exchanges under the symbol WOL.
 This communication shall not constitute an offer to sell or the solicitation to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state.
 -0- 7/16/93
 /CONTACT: Julie Edwards of Wainoco Oil Corporation, 713-658-9900/
 (WOL)


CO: Wainoco Oil Corporation ST: Texas IN: OIL SU: OFR

WB -- NY032 -- 2485 07/16/93 12:55 EDT
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Publication:PR Newswire
Date:Jul 16, 1993
Words:161
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