ALTEX <AII> TO SELL OILFIELD SERVICES ASSETS
Altex Industries Inc said it agreed to
sell the assets of its wholly-owned oilfield service
subsidiary, Parrish Oil Tools Inc.
    The price and buyer were not disclosed.
    Altex said Parrish had a loss from operations of 428,000
dlrs on revenues of 881,000 dlrs in fiscal 1986 and a loss from
operations of 48,000 dlrs on revenues of two mln dlrs in fiscal
1985.
 Reuter
