M.D.C. Holdings Inc said it soldsubstantially all the assets of its oil and gas unit, Mizel
Petro Resources Inc, and affiliated partnerships, for 38 mln
dlrs in cash to &lt;Parker and Parsley Petroleum Co>, Midland,
Texas.
    The company said that, subject to certain post-closing
adjustments, it expects to post a small profit on the sale.
 Reuter
