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Snyder Oil Declares Dividends

    FORT WORTH, Texas, March 1 /PRNewswire/ -- Snyder Oil Corporation
(NYSE: SNY) ("SOCO") today declared first quarter dividends to holders of its
common stock.  The dividends are payable at the rate of $.065 per common
share.  The record date for the dividends will be March 15, 1999.  The payment
date will be March 31, 1999.
    Snyder Oil Corporation is engaged in the production, development,
acquisition and exploration of domestic oil and gas properties, primarily in
the Gulf of Mexico, the Rocky Mountains and northern Louisiana.  The Company
also has investments in two international exploration and production
companies, SOCO International plc and Cairn Energy plc.  The Company's shares
are traded on the New York Stock Exchange under the symbol "SNY".  The
Company's news releases and other information can be found on the Internet at
http://www.snyderoil.com.


SOURCE Snyder Oil Corporation




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  • http://www.snyderoil.com
    Company News On-Call:
  • http://www.prnewswire.com/comp/118962.html or fax,
    800-758-5804, ext. 118962
    CONTACT:
    Rodney L. Waller of Snyder Oil Corporation,
    817-882-5937