
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: SATURDAY, April 13, 1991                   TAG: 9104130238
SECTION: BUSINESS                    PAGE: A-8   EDITION: STATE 
SOURCE: Associated Press
DATELINE: WASHINGTON                                LENGTH: Short

PRESIDENT'S SON LOOKING FOR JOB

President Bush's son Neil has left his second oil company and is in the market for a new job. Neil Bush, 36, resigned from the Apex Energy Co. of Denver on April 1, associates said Friday.

"He's looking for a new job; he's selling his house," said Donald Dwight, a spokesman for Wood River Capital Corp. Wood River and one of its subsidiaries invested $2.3 million to start up Apex, Bush's second oil exploration venture. The two venture capital firms, which were controlled by a long-time friend of President Bush, were able to draw on federally guaranteed money.

Apex was set up in May 1989, shortly after Neil Bush left his first, unsuccessful oil company, JNB Exploration - which also had outside investors.

Bush has battled for more than a year with federal regulators, who accused him of conflict of interest in his role as a director of the failed Silverado Banking, Savings and Loan Association of Denver. He has denied any wrongdoing.

by CNB