Drilling Report

BP Amoco PLC
10 May 2000


BP AMOCO CONFIRMS MAJOR GAS FIND OFFSHORE TRINIDAD

BP Amoco announced the discovery of some 2 trillion cubic feet of natural gas
off the south east coast of Trinidad, the country's first deep water find.
This is BP Amoco's third major gas find offshore Trinidad in the past three
years.

The discovery was made by the 'Manakin 1' exploration well in block 5b, 
located 135 miles east of Galeota Point in 730 feet water depth on a large
structure that straddles  the  Trinidad-Venezuela median line.  The  well 
encountered  new  gas reservoirs in addition to confirming shallow gas
discovered in Venezuelan  waters by Lagoven in their 'Coquina 1' exploration
well drilled in 1983.

Larry  Tiezzi, President of the BP Amoco Trinidad Exploration Business Unit
said: 'This new find reinforces the industry's assessment of significant gas
potential in this basin and it augurs well for future development from which
Trinidad and Tobago will benefit enormously. Trinidad & Tobago is a world
class hydrocarbon province and this well result adds another discovery to a
long list of successes underpinning our strategy to focus significant
resources in  this  region.  We recently agreed a two-train LNG expansion in
Trinidad which will treble production to nine million tonnes a year by 2003,
at TT$7,000 million the largest single investment in the Caribbean.'


Notes to Editors:

1.Manakin was the second of a four well programme in 2000 and began
drilling operations on January 28 with the Ocean America semi-submersible 
drilling rig. The well, which was drilled to a depth of 11,680 feet,
encountered seven hydrocarbon bearing zones, with a net pay thickness of 300
feet. A drill stem test conducted in one pay sand flowed a maximum of 25 
million cubic feet a day on a 40/64-inch choke. The well was temporarily 
plugged  and  abandoned on April 5, 2000. Manakin was the last of three
commitment wells drilled in block 5b.

2. Amoco Trinidad Gas B.V. is a wholly owned subsidiary of BP Amoco p.l.c.
and the operator of licence 5b with 70 per cent equity. Licence partner 
Repsol Exploration Tobago S.A. has the remaining 30 per cent and is a wholly
owned subsidiary of Repsol YPF.