AMOCO REPORTS SOUTH CHINA SEA OIL FIND
The U.S. <Amoco Petroleum Corp> has
reported an offshore oil find at its Pearl River basin
concession in the South China Sea, the New China News Agency
said.
    It said the Liu Hua 11-1-1 A well produced at around 2,240
barrels per day at a depth of 305 metres.
    The news agency said Amoco plans to drill a second well in
the area this year, but gave no further details.
 REUTER
