IRAN REPORTS OIL FIND IN KHUZESTAN

Iran has disclosed a hefty oil discovery. Oil Minister Gholamreza Aghazadeh told state run television the discovery adds an estimated 7 billion bbl of oil to Iran's proved reserves base. The find is in southern Khuzestan province in the Darkhovein region, south of Ahvaz. The minister said it is light crude, and drilling will start shortly to define the field. Agence France Presse reported the discovery is the first Tehran has announced in more than 2 years. Copyright 1993 Oil & Gas

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