SHELL APPRAISING DEEPWATER DISCOVERY OFF PHILIPPINES

M. Scherer Shell Philippines Exploration BV Manila E.J.T. Lambers, G.S. Steffens Shell International Petroleum Co. Ltd. London J.R. Phillips Occidental International E&P Co. Bakersfield, Calif. Shell International Petroleum Co. Ltd. negotiated a farmout in 1990 from Occidental International Exploration & Production Co. for Block SC-38 in the South China Sea off Palawan, Philippines, following Oxy's discovery of gas in 1989 in a Miocene Nido limestone buildup. Under the terms of the farmout

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