AMERICAN EXPLORATION CO 10-K

AMERICAN EXPLORATION COMPANY - 12/31/96

AMEND.#7 TO AMEND & RESTATED CREDIT AGR - 10/15/96

AMEND.#8 TO AMEND & RESTATED CREDIT AGR - 3/13/97

INCENTIVE BONUS PLAN 1997

AMEND. TO THE STOCK COMPENSATION PLAN

AMEND. TO THE 1994 STOCK COMPENSATION PLAN

SUBSIDIARIES OF AMERICAN EXPLORATION COMPANY

CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS.

FINANCIAL DATA SCHEDULE