Exhibit 99.1

                                    Edge Logo

    HOUSTON, May 29 /PRNewswire-FirstCall/ --
EDGE PETROLEUM CORPORATION (Nasdaq: EPEX) ("Edge") and
MILLER EXPLORATION COMPANY (Nasdaq: MEXP) ("Miller") announced today that they
have entered into a definitive Merger Agreement (the "Agreement") pursuant to
which Edge will acquire Miller in a stock for stock merger that will value
Miller at $12.7 million.  The number of shares of Edge stock to be issued to
Miller shareholders will be based upon the average closing price of Edge's
stock for a 20 trading day period ending 5 days prior to the date of the
Miller shareholders' meeting to consider the merger, with a maximum value per
share of $5.00 per Edge share and a minimum value per share of $4.70 per Edge
share.  Based upon Edge's closing price and the number of shares of Miller and
Edge stock outstanding on May 27, 2003, Miller shareholders would receive
approximately 2,540,000 shares of Edge common stock and total Edge outstanding
shares after this transaction would be approximately 12,038,000 shares.

    Miller is an independent oil and gas exploration and production company
with exploration efforts concentrated primarily in the Mississippi Salt Basin
of central Mississippi.  As of December 31, 2002, Miller reported net proved
reserves of 6.8 Bcfe with a PV-10 value of $19 million.  Miller's year-end
2002 production exit rate was approximately 6.7 MMcfe per day.  As of
December 31, 2002, Miller had approximately 103,000 net undeveloped acres,
including a large undeveloped acreage position in northern Montana.

    Edge expects that the acquisition of Miller will not cause the addition of
any permanent personnel or affect the make-up of its Board of Directors.  The
transaction is subject to approval of both company's shareholders, a
limitation on the number of dissenting Miller shares, delivery of certain
agreements and other customary conditions.  The transaction is expected to be
non-taxable to the shareholders of both companies.

    All of Miller's directors as well as other significant Miller shareholders
who collectively own an aggregate of 1,044,347 shares of Miller common stock
(representing 50.6% of the total outstanding shares of Miller common stock)
have agreed to vote their shares in favor of the merger.  However, in the
event that the board of directors of Miller withdraws, modifies or changes its
recommendation with respect to the merger in accordance with the merger
agreement, the number of shares of Miller common stock which are bound to vote
in favor of the merger will be reduced to 673,976 shares (representing 32.7%
of the total outstanding shares of Miller common stock).  C.K. Cooper &
Company acted as the financial advisor to Miller, and issued a fairness
opinion to the Board of Directors of Miller.  All of Edge's directors, who own
an aggregate of 373,213 outstanding shares of Edge common stock representing
3.9% of the total outstanding shares of Edge common stock (and who are also
the deemed beneficial owners of 929,807 shares) have agreed to vote their
shares in favor of the transaction.

    Concurrent with this proposed transaction, Miller has entered into a
Purchase and Sale Agreement to sell its Alabama properties effective
January 1, 2003 to an unrelated private party.  Those properties were reported
to have net proved reserves at December 31, 2002 of 0.7 Bcfe.  After giving
effect to this sale, scheduled to close in the second quarter, Miller's
remaining reserves as of December 31, 2002, would have been approximately
6.1 Bcfe.  Edge estimates that Miller's net proved reserves at August 1, 2003,
the targeted closing date, are expected to be approximately 4.6 Bcfe and after
giving effect to the Alabama sale, Miller is expected to have no debt and
positive working capital in excess of $3 million.

    Also, concurrent with the proposed Edge/Miller transaction, Miller and K2
Energy Corporation (KTO.TO) have entered into a settlement agreement to
extinguish all claims and outstanding litigation between Miller and K2
regarding the Blackfeet Indian Reservation in Glacier County, Montana.  As
part of the settlement, Miller has released all claims to the K2/Blackfeet
Indian Mineral Development Agreement, and correspondingly, K2 has acknowledged
no interest in the Miller/Blackfeet Indian Mineral Development Agreement.
Although K2 and Miller have no rights or obligations in the other party's
Indian Mineral Development Agreement ("IMDA"), it is expected that the parties
will begin a cooperative effort to develop an exploration program in specific
areas to pursue geologic structures that potentially overlap or extend into
the respective IMDA's.  The settlement and anticipated exploration efforts
will benefit the shareholders of Miller and K2, and more specifically, the
Blackfeet Tribe.


    Strategic Rationale for the Merger
     -- Complementary producing asset base in the Gulf Coast
     -- Complementary undeveloped asset base in the Northern Rocky Mountains
     -- The transaction creates an entity with a stronger balance sheet and
        greater financial flexibility
     -- The combination will not cause any material increase in Edge's pre-
        acquisition general and administrative cost structure

    Combined Business - Assuming an August 1, 2003 closing date
     -- Edge's estimated production will increase to between 8.8 Bcfe and
        9.0 Bcfe for 2003
     -- Edge's debt to capital ratio will fall to approximately 22%
     -- Edge's proved reserves and production will increase by approximately
        10%
     -- Edge's unused borrowing capacity will increase by approximately
        $3 million to $5 million


    Edge Chairman, CEO and President, John W. Elias commented, "The
acquisition of Miller will accomplish several objectives for Edge.  The
increase in reserves and production will contribute to achieving our physical
growth targets.  Miller's core area properties are in an area where Edge has
had considerable past experience and we believe we can quickly assimilate the
operations and assess future opportunities.  We expect the transaction to
increase earnings, cash flow, borrowing capacity and to improve our financial
flexibility.  As a result of our enhanced financial flexibility we plan to
accelerate and increase our planned 2003 capital program and will accelerate
our pursuit of other attractive opportunities."

    Kelly E. Miller, Miller's President and CEO noted, "We are very pleased to
become associated with Edge Petroleum.  This strategic combination
accomplishes many of Miller's primary objectives and provides Miller's
shareholders with an extensive prospect inventory, a diversified production
base, and a low debt-to-capital ratio.  Edge has the experienced management
team and technical expertise to add value to Miller's existing prospect
inventory, which will benefit both parties' shareholders and provide multiple
opportunities for future growth."


    Edge Petroleum is a Houston-based independent energy company that focuses
its exploration, production and marketing activities in selected onshore
basins of the United States.


    Forward Looking Statement

    Statements regarding the consummation of the Merger, the Alabama sale, the
K2 settlement and their respective effects, including the Merger's effect on
reserves, production, growth targets, assimilation of operations, assessment
of opportunities, future earnings, cash flow, borrowing capacity, financial
flexibility, the tax free status of the transactions, personnel, Edge's and
Miller's board of directors, consideration to be received in the Merger,
number of Edge shares outstanding after the Merger, targeted closing date of
the transactions, operating results, any other effect or benefit of the
transactions, acceleration and increase of capital program, pursuit of
opportunities and any other statements that are not historical facts, are
forward-looking statements that involve certain risks, uncertainties and
assumptions which are beyond Edge's and Miller's ability to control or
estimate, and may in some cases be subject to rapid or material changes.  Such
assumptions include but are not limited to costs and difficulties related to
integration of acquired businesses, costs, delays and other difficulties
related to the merger, the closing of the Alabama sale, closing conditions to
the merger or the Alabama sale not being satisfied, the impact of the K2
settlement, the timing and extent of changes in commodity prices for oil and
gas, the need to develop and replace reserves, environmental risks, drilling
and operating risks, risks related to exploration and development,
uncertainties about the estimates of reserves, competition, government
regulation and the ability of the company to meet its stated business goals.
Edge's and Miller's filings with the Securities and Exchange Commission (SEC)
are available free of charge on the SEC's website at http://www.sec.gov .
Should one or more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary materially
from those indicated.  Additional information regarding the transactions can
be found in Edge's and Miller's respective Current Reports on Form 8-K
relating to the merger expected to be filed soon following this press release.


    Additional Information and Where to Find It

    In connection with the proposed merger, Edge and Miller will file a joint
proxy statement/prospectus with the Securities and Exchange Commission.
INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE JOINT PROXY
STATEMENT/PROSPECTUS WHEN IT BECOMES AVAILABLE, BECAUSE IT WILL CONTAIN
IMPORTANT INFORMATION.  Investors and security holders may obtain a free copy
of the joint proxy statement/prospectus (when available) and other documents
filed by Edge and Miller with the Commission at the Commission's web site at
http://www.sec.gov .  Free copies of the joint proxy statement/prospectus,
once available, and each company's other filings with the Commission may also
be obtained from the respective companies.  Free copies of Edge's filings may
be obtained by directing a request to Edge, 1301 Travis, Suite 2000, Houston,
Texas 77002.  Free copies of Miller's filings may be obtained by directing a
request to Miller, 3104 Logan Valley Road, Traverse City, Michigan 49685.


    PARTICIPANTS IN THE SOLICITATION

    EDGE, MILLER AND THEIR RESPECTIVE DIRECTORS, EXECUTIVE OFFICERS AND OTHER
MEMBERS OF THEIR MANAGEMENT AND EMPLOYEES MAY BE SOLICITING PROXIES FROM THEIR
RESPECTIVE STOCKHOLDERS IN FAVOR OF THE MERGER.  INFORMATION CONCERNING
PERSONS WHO MAY BE CONSIDERED PARTICIPANTS IN THE SOLICITATION OF EDGE'S
STOCKHOLDERS UNDER THE RULES OF THE COMMISSION IS SET FORTH IN EDGE'S PROXY
STATEMENT FILED WITH THE COMMISSION ON APRIL 7, 2003 AND IN AN SEC FILING
UNDER SCHEDULE 14A FILED BY EDGE WITH THE COMMISSION ON MAY 29, 2003, AND
INFORMATION CONCERNING PERSONS WHO MAY BE CONSIDERED PARTICIPANTS IN THE
SOLICITATION OF MILLER'S STOCKHOLDERS UNDER THE RULES OF THE COMMISSION IS SET
FORTH IN THE AMENDED ANNUAL REPORT ON FORM 10-K FILED BY MILLER WITH THE
COMMISSION ON APRIL 29, 2003.  IN ADDITION, INFORMATION REGARDING THE
INTERESTS OF THOSE PERSONS WHO MAY BE CONSIDERED PARTICIPANTS IN THE
SOLICITATION OF MILLER'S STOCKHOLDERS MAY BE OBTAINED BY READING THE JOINT
PROXY STATEMENT/PROSPECTUS WHEN IT BECOMES AVAILABLE.