LOMAK &lt;LOMK>, STRATA &lt;STRATA> IN MERGER PACT

  Lomak Petroleum Inc and Strata
  Corp, based in Columbus, Ohio, jointly said they entered into a
  merger agreement for Strata to become a wholly owned subsidiary
  of Lomak.
      Under the merger's terms, Strata shareholders will receive
  5.7 cts per share of Strata common and warrants to buy about
  .06 shares of Lomak common at 37.5 cts per share on or before
  December 31, 1990, for each Strata common share.
      The merger is subject to approval by the companies' boards
  and shareholders and agreement of certain Strata creditors,
  among other things, said the companies.
  

