TEXACO HAS HEFTY STRIKE OFF MALAYSIA

A Texaco Inc. unit has tested a sizable oil discovery off Malaysia. Texaco Exploration Penyu Inc.'s 1/A Rhu wildcat flowed at a combined rate of 6,050 b/d of 34-39 gravity crude through a 1/2 in. choke from three zones at 2,602-2,672 m. The well, in 237 ft of water on Block PM-14 100 miles off Kuantan, Pahang state, was drilled by the Hakuryu III semisubmersible. It is the first discovery in the Malaysian Penyu basin and the fourth well of an exploratory drilling campaign that began on the

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