Disposal

BP AMOCO PLC
6 August 1999



BP AMOCO TO SELL CANADIAN OIL PROPERTIES FOR 
US$1.07 BILLION


BP Amoco announced today it will sell its entire portfolio of conventional and
heavy oil properties to Canadian Natural Resources Limited (CNRL) and Penn
West Petroleum Ltd. (Penn West) for US$1.07 billion. 

The sale represents approximately 60,000 barrels a day of oil equivalent
production. The effective date of the sale is August 1, 1999, with closing
expected around October 1, 1999.
       
'The sale is confirmation of the premium appeal of this suite of properties to
the right buyer,' said James Dupree, president of BP Amoco's Canadian Oil
Business Unit.  'It is an important step in the strategic reshaping of our
worldwide portfolio and represents a major contribution to the US$10 billion
target we have set for divestments over the next three years.'

'It is especially satisfying that these two companies  recognise the
contributions of the people involved in these properties,' said Dupree.  'Both
CNRL and Penn West are very interested in offering employees an opportunity to
continue their association with the operations.'

Approximately 250 employees will be affected in Calgary and field locations.
BP Amoco will provide severance benefits to employees who do not make the move
to either Penn West or CNRL or who are not placed elsewhere in the BP Amoco
organisation. 

BP Amoco offered the Canadian oil properties for sale in June 1999 after a
strategic review of its worldwide properties.  In Alberta, the properties 
include heavy oil operations in Bonnyville and Wabasca and conventional oil
operations in Drayton Valley and Nipisi.  They also include the Hoosier
property in Saskatchewan.  CNRL  will acquire the Bonnyville, Wabasca and
Nipisi assets; Penn West will acquire the Drayton Valley and Hoosier assets.

BP Amoco will continue to have a strong presence in Canada as the largest
producer of natural gas and as a producer and marketer of natural gas liquids
and petrochemicals. 

BP Amoco is an international company involved in the exploration and
production of crude oil and natural gas; refining, marketing, supply and
transportation of hydrocarbons; and manufacturing and marketing of
petrochemicals and solar power generation.