TEXACO TESTS GAS STRIKE OFF BULGARIA

Texaco Exploration Offshore Bulgaria Ltd. has become the first western company to claim a hydrocarbons discovery in the Black Sea off Bulgaria. Texaco's 1 Galata flowed 34 MMcfd of gas through a 1-1/4 in. choke from pay at 3,400 ft. The well, which was spudded last June, was the first of two commitment wells. A second well will be spudded early in 1994. The well was drilled to 8,700 ft by the Ocean Liberator semisubmersible operating in 115 ft of water on Block III, 19 miles southeast of

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