COASTAL <CGP> EXTENDS OFFERING OF DRILLING UNITS
Coastal Corp's Coastal Limited Ventures
Inc subsidiary said its offering of 14,000 limited partnership
units in the Coastal 1987 Drilling Program Ltd has been
extended to July two or until all the units are solf if that
occurs earlier.
    It said about eight mln dlrs in 1,000 dlr units had been
sold as of yesterday. The partnership plans to raise 14 mln
dlrs from the sale of the units and will borrow four mln dlrs,
Coastal said.
 Reuter
