MOBIL PUSHES EXTENDED REACH PROJECT OFF CALIFORNIA

Mobil Exploration & Producing Inc. has given a tentative green light to a $1.8 billion project to tap oil reserves off California with extended reach drilling from shore. Mobil plans to submit by yearend a detailed application to state and Santa Barbara County agencies for the Clearview project, proposed earlier in preliminary form by California's State Lands Commission. It would involve developing the 155 million bbl Coal Oil Point extension of South Ellwood field on state leases off

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