ARS Asiamet Resources Limited

RNS No 5828t
ALLIANCE RESOURCES PLC
11th December 1997

            BOARD CHANGES AND ANNUAL GENERAL MEETING
                               
The directors of Alliance  Resources PLC ("Alliance") announce the 
following board changes:-

D. Patrick Maley has resigned as chairman and as a director and 
Jeffrey T. Wilson and Stanley Robinson have also resigned as 
directors.

Jak Keenan, managing director, has been appointed interim chairman 
and Michael Humphries, senior vice president of Rothschild Natural 
Resources LLC, has been appointed a non executive director.

At  Alliance's Annual General Meeting held on  9 December 1997, 
all the Ordinary and Special Resolutions put to the  meeting  were  
approved  by shareholders,  including  the following  special                 
business, which was passed  as  a  Special Resolution:-

     "That the Directors be and they are hereby generally
     empowered  pursuant to Section 95 of  the  Companies
     Act  1985 ("the Act") to allot equity securities (as
     defined  in Section 94(2) of the Act) for  cash,  at
     any  time when they are generally authorised for the
     purposes  of  Section 80 of the Act, as  if  Section
     89(1)  of  the  Act  did  not  apply  to  any   such
     allotment, provided that this power is limited:

     (i)  to   the  allotment  of  equity  securities  in
          connection with a rights issue in favour of the
          holders  of  ordinary shares  when  the  equity
          securities  respectively  attributable  to  the
          interests  of  the  ordinary  shareholders  are
          proportionate  (as nearly as  may  be)  to  the
          respective numbers of ordinary shares  held  or
          deemed to be held by them, subject only to such
          exclusions   or  other  arrangements   as   the
          directors  may deem necessary or  expedient  to
          deal  with  fractional entitlements,  legal  or
          practical  problems  arising  in  any  overseas
          territory   or   by  virtue  of  shares   being
          represented   by   depository   receipts,   the
          requirements  of any regulatory body  or  stock
          exchange, or any other matter whatsoever; and

     (ii) to  the  allotment (otherwise than pursuant  to
          sub-paragraph (i) of this resolution) of equity
          securities  up  to an aggregate  nominal  value
          equal  to  five per cent of the issued ordinary
          share capital of the Company at the date of the
          passing of this resolution;

     and   shall  expire at the conclusion of the  annual
     general  meeting  of the Company  or  8  March  1999
     whichever is the earlier, save that the Company  may
     before such expiry make an offer or agreement  which
     would  or  might  require equity  securities  to  be
     allotted after such expiry  and the directors may  
     allot  equity securities in pursuance  of  such
     offer  or agreement as if the power conferred hereby
     had not expired."

Inquiries to:

Alliance Resources PLC
Jak Keenan (Managing Director)
Tulsa, Oklahoma
Telephone: 001-918-747-7000 or
Brian Williams (Finance Director)
London, UK
Telephone: 0171-930-9337

END

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