UNITED STATES SECURITIES AND EXCHANGE COMMISSION

          LITIGATION RELEASE NO.  15699 / April 8, 1998

          SEC V. ENSERCO, INC., D/B/A ENERGY SERVICE COMPANY, ET AL.
          H-97-0983 (USDC/ND TX Houston Division)

          The  Securities  and Exchange Commission ("Commission") announced
          that on April 2, 1998,  the Honorable Kenneth Hoyt, United States
          District Judge, entered a  Final  Judgment against Defendant John
          P. Brink ("Brink").  Without admitting or denying the allegations
          in the Commission's Complaint, Brink  consented to the entry of a
          permanent injunction enjoining him from  future violations of the
          securities  registration  and  anti-fraud  provisions   found  in
          Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933,  and
          Section  10(b)  of  the  Securities Exchange Act of 1934 and Rule
          10b-5 thereunder. Brink agreed  to  disgorgement in the amount of
          $459,550.66 together with prejudgment  interest  in the amount of
          $137,813.00.  Brink's disgorgement amount was waived based on his
          demonstrated financial inability to pay.

          The  Commission's  Complaint  alleged that the defendants  raised
          approximately $3.6 million from  investors  in  39 states for the
          purpose of purchasing oil field equipment and pipe.   Enserco was
          to  resell  the equipment and return a portion of the profits  to
          investors.  The  Complaint alleged that investors were guaranteed
          returns  of  up to 25%  per  annum,  with  complete  security  of
          principal, and were told that there were no risks associated with
          the investment.   In  fact,  according  to  the  Complaint, Brink
          operated an undisclosed "Ponzi" scheme whereby monies contributed
          by  new  investors  were  paid  as purported profits to  previous
          investors.    Further,   the   Complaint   alleges   that   Brink
          misappropriated investors' funds,  and  Leo  and  Bravo  received
          undisclosed  commissions  for  their  efforts  in selling Enserco
          securities.