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Snyder Oil Appoints New Vice President & General Counsel

    FORT WORTH, Texas, August 3 /PRNewswire/ -_ Snyder Oil Corporation
(NYSE: SNY) (SOCO) today announced the hiring of John H. Karnes as Vice
President, General Counsel and Corporate Secretary.
    Mr. Karnes comes to Snyder with over 15 years of business and legal
experience.  Mr. Karnes has served as General Counsel in several large,
publicly traded corporations and most recently served as Senior Vice President
for FirstPlus Financial Group in Dallas, Texas.  He has represented a variety
of entities in the oil and gas industry, including Apache Corporation, where
he previously served as Deputy General Counsel.  Mr. Karnes earned a B.A. in
Business Administration from the University of Texas and a J.D. from Southern
Methodist University School of Law.
    In announcing the appointment, W. G. Hargett, President, commented, "Mr.
Karnes brings strong business management and legal skills to the Company's
management team and will be instrumental in structuring the Company's business
strategy to build shareholder value.  He is an important addition to our
management team."
    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 North 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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    CONTACT:
    Rodney L. Waller of Snyder Oil Corporation,
    817-882-5937