Item 5. Other Events.
On September 29, 1995 Snyder Oil Corporation (the "Company")
completed the sale of its remaining gas facilities in Weld County,
Colorado for a net price of approximatley $60 million. The
Wattenberg facilities were sold to Associated Natural Gas
Corporation, a subsidiary of Panhandle Eastern Corporation.
Separately, in early October, the Company sold certain properties in
west Texas for $15.6 million. The proceeds of the sales were applied
to reduce borrowings under the Company's revolving credit facility.
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 thereunto duly authorized.
SNYDER OIL CORPORATION
By:/s/ Peter E. Lorenzen
Peter E. Lorenzen,
Vice President
October 13, 1995
