BENTON EXPLORES W. SIBERIAN JOINT VENTURE

Benton Oil & Gas Co., Ventura, Calif., pursuing a Western Siberian joint venture, will host a Soviet delegation in the U.S. next month. Benton announced in January the signing of a letter of intent regarding a joint venture to explore, develop, and produce oil and gas from North Gubkin and Prisklonovoe fields in the Tyumen oblast area 1,500 miles northeast of Moscow. The letter of intent, or protocol, calls for Benton and Purneftegasgeologia Industrial Association (PIA) to complete technical

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