ESSO REP OIL STRIKE LIKELY FRANCE'S BIGGEST IN A DECADE

Esso Rep, exploration and production arm of Esso France, has drilled what may be the biggest oil strike in France in a decade. Esso expects "substantial annual production" from an oil discovery in the Aquitaine basin of western France. Its 1 Arbousier wildcat tested at a flow rate of 5,000 b/d last month after a new 85 ft horizon was tested. The first test of the discovery well at the end of December 1991 yielded 1,200 b/d of low sulfur crude from a depth at 10,315-32 ft. Total depth is 11,480

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