Article: Meridian Resource Announces Thibodaux No. 2 Well Update.

HOUSTON--(BUSINESS WIRE)--July 2, 1999--

The Meridian Resource Corporation (NYSE:TMR) reports that the fire at the Thibodaux No. 2 well near Amelia, La., has experienced intermittent periods of varying levels of flow as it attempts to "bridge" off naturally.

Well control specialists at the scene say the well became temporarily "unbridged" about 3 o'clock this morning, but has subsided as the well continues to bridge. Residual flames at the wellhead safely consumed all of the escaping natural gas and continue to do so. No gas vapors are escaping to the environment and no injuries occurred when the intermittent flow resumed.

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