SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form 8-K
Current Report Pursuant to Section 13 or 15(d) of The Securities
Act of 1934
Date of Report (date of earliest event reported) December 16, 1997
Mallon Resources Corporation
(exact name of registrant as specified in its charter)
Colorado 0-17267 84-1095959
(State or other (Commission (I.R.S. Employer
jurisdiction File Number) Identification No.)
of incorporation)
999 18th Street, Suite 1700, Denver, Colorado 80202
(address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (303) 293-2333
not applicable
(former name or former address, if changed since last report)
Item 5. Other Events
Mallon Resources Corporation (the "Company") issued the
following press release, dated December 16, 1997, the text of
which follows:
Mallon Resources Corporation (Nasdaq: "MLRC") today
announced that the Registration Statement covering the offering
of 2,300,000 shares of the Company's Common Stock has been
declared effective by the Securities and Exchange Commission,
and that the offering of such shares to the public has commenced
at a price of $9.25 per share. ABN AMRO Chicago Corporation and
Gaines, Berland Inc. acted as managing underwriters.
The net proceeds from the offering will be used primarily
to finance the Company's oil and gas drilling activities.
Mallon Resources Corporation is a Denver, Colorado, based
oil and gas exploration and production company operating
primarily in the Delaware and San Juan Basins of New Mexico.
Mallon's Common Stock is quoted on the Nasdaq National Market
tier of the Nasdaq Stock Market under the symbol "MLRC."
A prospectus may be obtained from ABN AMRO Chicago
Corporation, 208 S. LaSalle St., Chicago, Illinois, 60604, or
from Gaines, Berland Inc., 712 Fifth Avenue, 21st Floor, New
York, New York, 10019.
Signatures
Pursuant to the requirements of the Securities Exchange act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
Mallon Resources Corporation
December 19, 1997 __/s/ Roy K. Ross____________________
Roy K. Ross, Executive Vice President
