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WESTERN ENERGY ANNOUNCES CANCELLATION OF BATES HOLLOW OILFIELD PROJECT

 WESTERN ENERGY ANNOUNCES CANCELLATION
 OF BATES HOLLOW OILFIELD PROJECT
 LOS ANGELES, June 2 /PRNewswire/ -- Western Energy Inc. (OTC Bulletin Board: WENR) today released a copy of a statement issued previously on May 28 to its shareholders:
 Dear Shareholder:
 The board of directors of Western Energy would like to inform our shareholders that the acquisition of the Bates Hollow Oilfield project has been cancelled.
 After conclusion of the negotiations for the field, it was subsequently noted that the field had some problems with the Environmental Protection Agency and the company decided that it did not wish to proceed with the project.
 This decision will cause no material condition or adverse effect to the company.
 The company will continue to search for and acquire oil and gas production in the future in order to increase the asset value and profitability of the company.
 Thank you for your continued support.
 -0- 6/2/92
 /CONTACT: Ephraim Block, president, or Dan Green, VP, of Western Energy, 310-670-4833/
 (WENR) CO: Western Energy Inc. ST: California IN: OIL SU:


JL-KJ -- LA006 -- 6053 06/02/92 08:45 EDT
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Publication:PR Newswire
Date:Jun 2, 1992
Words:182
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