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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (622)10/24/1996 5:53:00 PM
From: Kerm Yerman   of 24935
 
TOP TWENTY SELECTION UPDATE
REFERENCE MESSAGES 290/91/92

Morrison Petroleums Ltd.
Stock Exchange: Toronto
Stock Symbol: MRP

October 24, 1996
MORRISON ET. AL. COLEMAN 4-22-10-4W5M

Morrison Petroleums Ltd. (``Morrison'') is pleased to announce that
production casing is in place at its Southern Foothills 4-22-10-4W5M
Racehorse Creek well. Casing has been set to a depth of 4860
metres below surface and testing procedures are being finalized.
Based on well log interpretation, Morrison is optimistic that the well
will be a natural gas producer.

Norcen Energy is a 50 percent working interest partner in the well.

October 24, 1996
MORRISON PETROLEUMS LTD. CLOSES PURCHASE OF
RESMAN OIL AND GAS ASSETS

Morrison Petroleums Ltd. (``Morrison'') is pleased to announce that it
has closed the previously announced acquisition of 50 percent of
the oil and gas assets of Resman Oil and Gas (``Resman''). The
remaining 50 percent of the Resman assets have been acquired
by Morrison Middlefield Resources Limited (``MMRL''). Morrison
owns approximately 20 percent of the issued and outstanding shares
of MMRL.

The combined purchase with MMRL is effective October 1, 1996.
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