ENERGY DEVELOPMENT &lt;EDP> COMPLETES MAY &lt;MEP> BUY

  Energy Development Partners Ltd said
  it has completed the acquisition of May Energy Partners Ltd for
  1,817,697 depositary units following approval yesterday by May
  Energy unitholders.
      Energy Development said May Petroleum Inc &lt;MAYP>, general
  partner of May Energy, will distribute about 35 Energy
  Development units for each 100 May Energy Partners units to
  holders of 100 May Energy Partnners units or more and cash to
  others.
      Energy Development said the transaction increases its units
  outstanding to 12.6 mln and raises total proved reserves as of
  the end of 1986 27 pct.  Angeles Corp &lt;ANG> is general partner
  of Energy Development.
  

