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WAINOCO REPORTS GAS DISCOVERY

 WAINOCO REPORTS GAS DISCOVERY
 HOUSTON, May 21 /PRNewswire/ -- Wainoco Oil Corporation (NYSE: WOL)


today announced the successful completion of a natural gas and condensate discovery in central Alberta.
 The Wainoco et al Worsley 6-30-87-6 W6M was completed and tested at 2.8 million cubic feet of gas per day and 45 barrels of condensate per day at 2,000 pounds per square inch flowing tubing pressure on a one- quarter inch choke. Wainoco owns 50 percent of the well and the 640 acre lease on which it was drilled.
 Wainoco Oil Corporation is a North American oil and gas exploration, production and refining company with operations in the United States and Canada. Wainoco's common shares are listed on the New York and Alberta Stock Exchanges under the symbol "WOL".
 -0- 5/21/92
 /CONTACT: Julie Edwards of Wainoco Oil, 713-658-9900/
 (WOL) CO: Wainoco Oil Corporation ST: Texas, Alberta IN: OIL SU: DSC


SM -- NY061 -- 2813 05/21/92 12:08 EDT
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Publication:PR Newswire
Date:May 21, 1992
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