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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 QJPzvNLCz5o5Dfk8QQQm6WR5xxyITYxwzUjHDzS+dID5lbd6zBpz4Aj72ttUHlv4
 2sGqAImiNDzz3xhgd9uw0Q==

<SEC-DOCUMENT>0001181431-03-019064.txt : 20030818
<SEC-HEADER>0001181431-03-019064.hdr.sgml : 20030818
<ACCEPTANCE-DATETIME>20030818120326
ACCESSION NUMBER:		0001181431-03-019064
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030814
FILED AS OF DATE:		20030818

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PIACENTI RICHARD W
		CENTRAL INDEX KEY:			0001198840

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-09498
		FILM NUMBER:		03852224

	MAIL ADDRESS:	
		STREET 1:		1331 LAMAR
		STREET 2:		STE 1455
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77010

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MISSION RESOURCES CORP
		CENTRAL INDEX KEY:			0000319459
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				760437769
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1331 LAMAR
		STREET 2:		SUITE 1455
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77010
		BUSINESS PHONE:		7134953000

	MAIL ADDRESS:	
		STREET 1:		1221 LAMAR
		STREET 2:		STE 1600
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77010-3039

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BELLWETHER EXPLORATION CO
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd16243.xml
<DESCRIPTION>AUGUST FORM 4
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-08-14</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000319459</issuerCik>
        <issuerName>MISSION RESOURCES CORP</issuerName>
        <issuerTradingSymbol>MSSN</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001198840</rptOwnerCik>
            <rptOwnerName>PIACENTI RICHARD W</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1331 LAMAR</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 1455</rptOwnerStreet2>
            <rptOwnerCity>HOUSTON</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77010</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Exec. Vice President &amp; CFO</officerTitle></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-14</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>P</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>20000</value></transactionShares><transactionPricePerShare><value>1.46</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>88100</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ow
nershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-14</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>P</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>15000</value></transactionShares><transactionPricePerShare><value>1.47</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>103100</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><ownerSignature><signatureName>/s/ Richard W. Piacenti</signatureName><signatureDate>2003-08-18</signatureDate></ownerSignature></o
wnershipDocument>



</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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