1 EXHIBIT 16 5 2 [ERNST & YOUNG LLP LETTERHEAD] February 25, 1997 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, DC 20549 Gentlemen: We have read Item 4 of Form 8-K dated February 25, 1997, of Midland Resources, Inc. and are in agreement with the statements contained in paragraphs (a)(i), (ii), (iv) and (v) on pages 2 and 3 therein. We have no basis to agree or disagree with the other statements of the registrant contained therein. /s/ ERNST & YOUNG LLP 6