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WRT ENERGY CORPORATION ANNOUNCES CASH DIVIDEND

 THE WOODLANDS, Texas, Dec. 1 /PRNewswire/ -- WRT Energy Corporation (NASDAQ-NMS: WRTE) announced today that the board of directors has declared a cash dividend of $0.4375 per share on the company's 9 percent Convertible Preferred Stock (NASDAQ-NMS: WRTEP) for the period Oct. 20 through Dec. 31, 1993. The dividend is payable on Dec. 31, 1993 to holders of record of the Preferred Stock at the close of business on Dec. 17, 1993.
 WRT Energy Corporation, based in The Woodlands Research Forest, The Woodlands, Texas, is engaged in acquiring mature oil and gas properties in the Gulf Coast and increasing both current production and total oil and gas recovery through the use of advanced technologies, including sophisticated radioactive logging equipment owned by the company and specialized fluid separation technologies.
 -0- 12/1/93
 /CONTACT: John L. Petersen, vice president and general counsel of WRT Energy Corporation, 713-363-0030/
 (WRTE)


CO: WRT Energy Corporation ST: Texas IN: OIL SU: DIV

SP -- NY062 -- 9243 12/01/93 11:55 EST
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Publication:PR Newswire
Date:Dec 1, 1993
Words:166
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