TRITON ENERGY <OIL> AFFILIATE IN CANADIAN FIND
Triton Energy Corp said its 70 pct owned
<Canadian Worldwide Energy Ltd> affiliate's Lasmo et al
Tableland 4-36-2-10W2 well in Saskatchewan flowed 567 barrels
of 37 degree gravity oil through a 17/64 inch choke from depths
of 8,531 to 8,548 feet and 636 barrels of oil per day through a
20/64 inch choke from depths of 8,500 to 8,507 feet.
    Triton said because of the well's status as a deep
exploratory well, production qualifies for a five-year royalty
holiday under the Saskatchewan drilling incentive products.
    It said the well's initial production is expected to be
restricted to an allowable level of about 300 barrels a day,
although it is capable of sustaining much higher rates.
    The company said London and Scottish Marine Oil PLC owns a
50 pct interest in the well and its spacing unit, Canadian
Worldwide 25 pct, <Saskatchewan Oil and Gas Corp> 10 pct,
<Interprovincial Pipeline Ltd's> Home Oil Co Ltd 7.5 pct and
Scurry-Rainbow Oil Ltd <SRB> 7.5 pct.
    Triton said Royal Dutch/Shell Group's <RD> <SC> Shell
Canada Ltd <SHC> affiliate retains a convertible overriding
interest in the well.
 Reuter
