ARKLA EXPLORATION CO., Shreveport, formed a joint venture with Oneok Exploration Co., Tulsa, and a private investor for onshore exploration and development on the Texas Gulf Coast during the next 3 years. As operator of the joint program, Arkla will bear 55% of the projected $25 million cost on selected prospects in the Yegua, Wilcox, and Frio trends. Oneok will pay 20%, the private investor the remaining 25%.

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