1 EXHIBIT I --------- Contact: John Misitigh Vice President, Secretary & Treasurer (713) 872-7621 June 21, 1995 For Immediate Release SOUTHERN MINERAL CORPORATION ANNOUNCES ODD LOT TENDER OFFER Houston, June 21, -- Southern Mineral Corporation announced today that it has offered to purchase outstanding shares of its common stock from 291 shareholders of record. The odd lot tender has been made at a cash price of $1.50 per share to such shareholders who owned less than 100 shares of its stock on March 24, 1995 and will remain open until August 31, 1995 unless earlier suspended by the Company. These shareholders represent about 35% of the total number of shareholders of record but less than 1% of the Company's outstanding stock. Southern Mineral Corporation is an oil and gas acquisition, exploration and production company that is listed in The NASDAQ SmallCap Market under the trading symbol SMIN. 1