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SEC USE ONLY
DOCUMENT SEQUENCE NO.
CUSIP NUMBER
WORK LOCATION
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
ATTENTION:	Transmit for filing 3 copies of this form
 concurrently with either placing an order with a broker 
to execute sale or executing a sale directly
 with a market maker


1   (a)   NAME OF ISSUER   (Please type or print)
Teton Energy Corporation 
(b)   IRS IDENT. NO.
84-1482290
(c)   S.E.C. FILE NO.

1(d)ADDRESS OF ISSUER
STREET
CITY
STATE
ZIP CODE
410 Seventeenth Street, Suite 1850 
Denver, CO 80202 

(e)TELEPHONE  

AREA CODE
303
NUMBERS
565-4604
2
(a)
NAME OF PERSON FOR WHOSE ACCOUNT THE 
SECURITIES ARE TO BE SOLD
Howard Cooper 
(b)
IRS IDENT. NO.
524-64-4224
(c) RELATIONSHIP TO ISSUER
Director 
(d)
ADDRESS STREET
CITY
STATE
ZIP CODE
1825 Upper Huckleberry Lane,Steamboat co 80477
INSTRUCTION: The person filing this notice should 
contact the issuer to obtain the I.R.S. identification 
Number and the S.E.C. File Number.
3(a)
Title of the
Class of
Securities
To Be Sold

(b)
Name and Address of Each Broker Through whom the
Securities Are To Be Offered or Each Market Maker
who Is Acquiring the Securities

SEC USE ONLY
(c)	
Number of Shares
or Other Units
To Be Sold
See instr. 3(c))

(d)	
Aggregate
Market
Value
(See instr. 3(d))

(e)	
Number of Shares
or Other Units Outstanding
(See instr. 3(e))

(f)	
Approximate
Date of Sale 
(See instr. 3(f))
(MO.   DAY   YR.)

(g)	
Name of Each
Securities
Exchange
(See instr. 3(g))



Broker-Dealer
 File Number





Common 
C.K. Cooper & Company
18300 Von Karman ste. 700
Irvine, CA 92612

137, 235
62.49M
10.59M



















INSTRUCTIONS: 
1.	(a)	Name of issuer
(b) Issuer's I.R.S. Identification Number
(c) Issuer's S.E.C. file number, if any
	(d)	Issuer's address, including zip code
	(e)	Issuer's telephone number, including area code

2.	(a)	Name of person for whose account
 the securities are to be sold
(b) Such person's I.R.S. identification number,
 if such person is an entity
(c) Such person's relationship to the issuer (e.g., 
officer, director, 10% stockholder, or member of immediate
 family of any of the foregoing)
(d) Such person's address, including zip code

3.  (a)    Title of the class of securities to be sold 
(b) Name and Address of each broker through whom the
 securities are intended to be sold
(c) Number of shares or other units to be sold (if debt
 securities, give the aggregate face amount)
(d) Aggregate market value of the securities to be sold a
s of a specified date within 10 days prior to the filing of 
this notice
(e) Number of shares or other units of the class outstanding,
 or if debt securities the face amount thereof outstanding, 
as shown by the most recent report or
 statement published by the issuer
(f) Approximate date on which the securities 
are to be sold
(g) Name of each securities exchange, if any,
 on which the securities are intended to be sold



TABLE I - SECURITIES TO BE SOLD
Furnish the following information with respect 
to the acquisition of the securities to be sold
and with respect to the payment of all or any part
 of the purchase price or other consideration therefore:
Title of the Class
Date you Acquired
Nature of Acquisition Transaction
Name of Person from Whom Acquired
(if gift, also give date donor acquired)
Amount of Securities Acquired
Date of Payment
Nature of Payment
Common 
11/18/96

Open market value and founding shares
Howard Cooper 
137235






INSTRUCTIONS: 

1.	If the securities were purchased and full
 payment therefore was not made in cash at the time of purchase,
 explain in the table or in a note thereto the natur
e of the consideration given. If the consideration consisted
 of any note or other obligation, or if payment was made in
 installments describe the arrangement and state when the 
note or other obligation was discharged in 
full or the last installment paid.

2.	If within two years after the acquisition 
of the securities the person for whose account they
 are to be sold had any short positions, put or other option
 to dispose of securities referred to in paragraph (d)(3)
 of Rule 144, furnish full information with respect thereto.

TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all 
securities of the issuer sold
during the past 3 months by the person for
 whose account the securities are to be sold.
Name and Address of Seller
Title of Securities Sold
Date of Sale
Amount of Securities Sold
Gross Proceeds






REMARKS: 

INSTRUCTIONS:
See the definition of "person" in paragraph (a)
 of Rule 144. Information is to be given not only 
as to the person for whose account the securities are to
 be sold but also as to all other persons included in that 
definition. In addition, information shall be 
given as to sales by all persons whose sales are 
required by paragraph (e) of Rule 144 to be aggregated 
with sales for the account of the person filing this notice.

ATTENTION:
The person for whose account the securities
 to which this notice relates are to be sold 
hereby represents by signing this notice that he does
 not know any material adverse information in regard 
to the current and prospective operations of the Issuer
 of the securities to be sold which has not 
been publicly disclosed.




DATE OF NOTICE

(SIGNATURE)
ATTENTION:  Intentional misstatements or omissions 
of facts constitute Federal Criminal Violations
 (See 18 U.S.C. 1001)