==========================================START OF PAGE 1====== UNITED STATES SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 14871 / April 11, 1996 SEC v. Basic Energy & Affiliated Resources, et al., Case No. 94-74434 (E.D. MI) The Securities and Exchange Commission announced that on April 5, 1996, it filed a motion for civil contempt against Sarah Delaney, in the Eastern District of Michigan, for violating a previous court order requiring her to vacate her home in anticipation of its sale to satisfy disgorgement. Previously, on January 18, 1996, Delaney agreed to the entry of an Order requiring her to vacate her home by March 3, 1996. After complying in part with the order, between March 3 and March 16, 1996, Delaney and/or a family member entered the house and turned off electricity to the furnace and boiler. As a result of such action, the property was damaged and repairs costs were incurred in the amount of $2,336. The Commission's contempt motion seeks to recover the repair costs from Delaney. Delaney had previously agreed to an order of permanent injunction and disgorgement on April 25, 1996.