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                                                                    EXHIBIT 99.1


         DENVER, January 12, 2001 -- Tom Brown, Inc.(NASDAQ: TMBR) today
announced that 21.8 million common shares, or approximately 97.2% of the
outstanding shares of Stellarton Energy Corporation were deposited pursuant to
the offer dated December 20, 2000 made by Tom Brown Resources Ltd., a
wholly-owned subsidiary of Tom Brown, and that all of the shares validly
deposited to the offer have been taken up and paid for. The offer for all of the
shares of Stellarton was made at a price of C$5.00 per share and expired on
January 11, 2001. Tom Brown intends to commence proceedings to acquire all of
the shares of Stellarton not validly deposited pursuant to the compulsory
acquisition provisions of the Business Corporations Act (Alberta) which is
expected to be completed within a week. All of the directors and officers of
Stellarton have been replaced with nominees of Tom Brown.

         Tom Brown is a Denver, Colorado based independent energy company
engaged in the exploration for, and the acquisition, development, production and
marketing of, natural gas, crude oil and natural gas liquids in North America.
The Company's common stock is traded on the Nasdaq National Market under the
symbol TMBR. Tom Brown Resources Ltd. is a wholly-owned subsidiary of Tom Brown
and was incorporated under the Business Corporations Act (Alberta) on September
15, 1999. Tom Brown Resources Ltd. is engaged in the exploration for,
development of, and acquisition of oil and natural gas in the Western Canadian
sedimentary basis of Alberta and British Columbia.