SECURITIES AND EXCHANGE COMMISSION
                       Washington, D. C.  20549

                               Form 8-K
Current Report Pursuant to Section 13 or 15(d) of The Securities 
Act of 1934

Date of Report (date of earliest event reported):  September 24, 
1996

Mallon Resources Corporation
(exact name of registrant as specified in its charter)

     Colorado               0-17267             84-1095959
(State or other           (Commission         (I.R.S. Employer
jurisdiction               File Number)       Identification No.)
of incorporation)

999 18th Street, Suite 1700, Denver, Colorado         80202
(address of principal executive offices)            (zip code)

Registrant's telephone number, including area code: (303)293-2333

                         not applicable
(former name or former address, if changed since last report)



                                  -1-


Item 5.  Other Events

Mallon Resources Corporation (the "Company") issued a press 
release, dated September 24, 1996, the text of which was as 
follows:

Mallon Oil Company, a unit of Mallon Resources Corporation 
(Nasdaq: "MLRC"), reported that its Mallon '34' Federal No. 15 
well in Northeast Lea Field in Lea County, New Mexico, was 
completed as an oil well in a new Brushy Canyon zone of the 
Delaware Formation.  The well's initial daily production rate was 
145 barrels of oil, 66 mcf of gas, and 142 barrels of water.  
After three weeks of production, the well's daily production rate 
is approximately 90 barrels of oil, 45 mcf of gas, and 325 
barrels of water.  This is the first well of 13 drilled by Mallon 
on its acreage block to be completed in the lower Brushy Canyon 
zone, which lies at a depth of approximately 8,100 feet.  
Mallon's other wells in the area produce from Cherry Canyon 
and/or middle Brushy Canyon zones.

The No. 15's primary drilling targets were a series of Cherry 
Canyon and Brushy Canyon zones at depths between 5,700 feet and 
6,800 feet.  Electric logs and other diagnostic tools suggest 
these up-hole targets will also be productive in the well.  
Mallon intends to complete these zones and combine their 
production with the Brushy Canyon production in the near future.

Mallon operates the well, with a 84% working interest.

Mallon's oil and gas operations, located primarily in the western 
United States, are conducted by its wholly-owned subsidiary, 
Mallon Oil Company.  Mallon also owns approximately 14 million 
shares of the common stock of Laguna Gold Company, a company 
engaged in the exploration for and development of precious metals 
in Costa Rica.  Laguna common shares are traded on The Toronto 
Stock Exchange under the symbol "LGC."  Mallon is headquartered 
in Denver, Colorado.  Mallon's Common Stock is quoted on the 
Nasdaq National Market under the symbol "MLRC", or "MLRCD".

Signatures

    Pursuant to the requirements of the Securities Exchange act 
of 1934, the registrant has duly caused this report to be signed 
on its behalf by the undersigned hereunto duly authorized.

                           Mallon Resources Corporation


September 27, 1996         __/s/ Roy Ross____________________
                           Roy K. Ross, Executive Vice President
[{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 3241}]
{"company-data": {"conformed-name": "MALLON RESOURCES CORP", "cik": "0000837759", "assigned-sic": "1311", "irs-number": "841095959", "state-of-incorporation": "CO", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-17267", "film-number": "96636619"}, "business-address": {"street1": "999 18TH ST STE 1700", "city": "DENVER", "state": "CO", "zip": "80202", "phone": "3032932333"}, "mail-address": {"street1": "999 18TH STREET", "street2": "STE 1700", "city": "DENVER", "state": "CO", "zip": "80202"}}
SECURITIES AND EXCHANGE COMMISSION
                       Washington, D. C.  20549

                               Form 8-K
Current Report Pursuant to Section 13 or 15(d) of The Securities 
Act of 1934

Date of Report (date of earliest event reported):  September 24, 
1996

Mallon Resources Corporation
(exact name of registrant as specified in its charter)

     Colorado               0-17267             84-1095959
(State or other           (Commission         (I.R.S. Employer
jurisdiction               File Number)       Identification No.)
of incorporation)

999 18th Street, Suite 1700, Denver, Colorado         80202
(address of principal executive offices)            (zip code)

Registrant's telephone number, including area code: (303)293-2333

                         not applicable
(former name or former address, if changed since last report)

                                  -1-

Item 5.  Other Events

Mallon Resources Corporation (the "Company") issued a press 
release, dated September 24, 1996, the text of which was as 
follows:

Mallon Oil Company, a unit of Mallon Resources Corporation 
(Nasdaq: "MLRC"), reported that its Mallon '34' Federal No. 15 
well in Northeast Lea Field in Lea County, New Mexico, was 
completed as an oil well in a new Brushy Canyon zone of the 
Delaware Formation.  The well's initial daily production rate was 
145 barrels of oil, 66 mcf of gas, and 142 barrels of water.  
After three weeks of production, the well's daily production rate 
is approximately 90 barrels of oil, 45 mcf of gas, and 325 
barrels of water.  This is the first well of 13 drilled by Mallon 
on its acreage block to be completed in the lower Brushy Canyon 
zone, which lies at a depth of approximately 8,100 feet.  
Mallon's other wells in the area produce from Cherry Canyon 
and/or middle Brushy Canyon zones.

The No. 15's primary drilling targets were a series of Cherry 
Canyon and Brushy Canyon zones at depths between 5,700 feet and 
6,800 feet.  Electric logs and other diagnostic tools suggest 
these up-hole targets will also be productive in the well.  
Mallon intends to complete these zones and combine their 
production with the Brushy Canyon production in the near future.

Mallon operates the well, with a 84% working interest.

Mallon's oil and gas operations, located primarily in the western 
United States, are conducted by its wholly-owned subsidiary, 
Mallon Oil Company.  Mallon also owns approximately 14 million 
shares of the common stock of Laguna Gold Company, a company 
engaged in the exploration for and development of precious metals 
in Costa Rica.  Laguna common shares are traded on The Toronto 
Stock Exchange under the symbol "LGC."  Mallon is headquartered 
in Denver, Colorado.  Mallon's Common Stock is quoted on the 
Nasdaq National Market under the symbol "MLRC", or "MLRCD".

Signatures

    Pursuant to the requirements of the Securities Exchange act 
of 1934, the registrant has duly caused this report to be signed 
on its behalf by the undersigned hereunto duly authorized.

                           Mallon Resources Corporation

September 27, 1996         __/s/ Roy Ross____________________
                           Roy K. Ross, Executive Vice President