SUMMIT ENERGY <SUM> EXTENDS EXCHANGE OFFER
Summit Energy Inc said it has extended
to April Three from March 13 its offer to exchange six common
shares for each of its 569,200 outstanding shares of 1.80 dlr
cumulative convertible preferred stock.
    The company said through Friday it had received 302,669 of
the shares or 53.2 pct.
 Reuter
