FOR RELEASE:  March 14, 1995

                              PRESS ADVISORY

WHAT:     A press briefing regarding a Minerals Management
          Service (MMS) report containing recommendations to
          improve gas valuation regulations for federal lands. 
          The report culminates 13-months of work by a committee
          of MMS, State and industry representatives.

WHEN:     Thursday, March 16 at 10:00 am

WHERE:    Room 4219
          Department of the Interior
          1849 C Street, NW
          Washington, DC

WHO:      Cynthia Quarterman, Acting MMS Director

          Several members of the committee will also be present,
          including:

               Alexander Woodruff, Director of Regulatory
                 Affairs, Independent Petroleum Association
                 (IPAMS)

               George Butler, III, Senior Corporate
                 Counsel, Chevron USA

               Tammy Naron, Apache Oil

               Brad Simpson, Utah State Tax Commission

CONTACT:  Tom DeRocco
          (202) 208-3985

                                   -MMS-