AMOCO PLANS EXPLORATION IN ROMANIA

An Amoco Production Co. unit has signed an agreement with Rompetrol SA covering exploration in Romania. Amoco Romania Petroleum Co. will acquire seismic data and drill at least two wildcats on the 185,000 acre Block 7 in the Carpathian Mountains about 37 miles northeast of Bucharest. Initial investment in the project is expected to be about $20 million. Under the agreement, Amoco's first contract for oil and gas exploration in eastern Europe, state owned oil company Rompetrol has the

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