Date: Wed, 19 Nov 1997 23:50:32 GMT Server: NCSA/1.5.2 Last-modified: Wed, 19 Nov 1997 16:54:01 GMT Content-type: text/html Content-length: 8720 Meridian Resource News

NavBar

Nov 17, 1997

Nov 12, 1997

Nov 5, 1997

Aug 5, 1997

Jul 7, 1997

Jun 19, 1997

Apr 29, 1997

Apr 15, 1997

Mar 19, 1997

Mar 12, 1997

Feb 26, 1997

Feb 14, 1997

Jan 14, 1997

Jan 2, 1997

Texas Meridian Resources Corporation Announces East Cameron Field Extension with Discovery of 1,100 BBL Per Day Producer

Houston, Texas - February 14, 1997 - Texas Meridian Resources Corporation (TMR/AMEX) announced today that it has completed another Henry well in its East Cameron Field in Cameron Parish, Louisiana. The well, drilled in a newly productive fault block to a total depth of 14,289 feet, encountered 87 feet of gross interval and 58 net feet of oil pay in the objective sand. Perforated below 13,200 feet, the well was immediately placed on production and is flowing at a rate in excess of 1,100 barrels of oil per day (BOPD) and 450 thousand cubic feet of gas per day (MCF/D) with a flowing tubing pressure of 7,000 psi on an 8/64" choke. Total field production has been boosted from approximately 1,600 BOPD and 750 MCF/D to approximately 2,700 BOPD and 1,200 MCF/D of gas from three wells. Based on geological mapping, it is estimated that the areal extent of the new fault block is larger than the original.

Other operations in the field include the Davis No. 26-1 well which the company has recently drilled, logged and is preparing for completion. The Davis well is east of the current production and is in yet another separate fault block. The company anticipates testing the Davis well within 30-45 days. At least three additional wells are planned for the area following completion of the Davis well and as soon as additional rigs are available.

The East Cameron Field is operated by Texas Meridian which holds a 62% working interest. Other owners include H. L. Hawkins, Jr. (25%), Optima Petroleum USA (8%) and private companies (5%).

Certain of the foregoing statements may be deemed "forward-looking statements" within the meaning of the Securities Exchange Act of 1934. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Certain risks and uncertainties inherent in the company's business are set forth in the filings of the company with the Securities and Exchange Commission.Texas Meridian Resources Corporation is an independent oil and natural gas company whose primary focus is on exploration of oil and natural gas reserves utilizing 3-D seismic and Computer Aided Exploration Technology. The Company' s office is located in Houston, Texas and its shares are traded on the American Stock Exchange under the symbol "TMR".




FOR MORE INFORMATION CONTACT:

W. MATT RALLS,
JOSEPH A. REEVES, JR.
or
MICHAEL J. MAYELL
(713) 558-8080