Drilling Report

BP Amoco PLC
22 November 2000


                 BP'S FOURTH OPERATED OIL DISCOVERY IN ANGOLA


BP and Shell announced today the 'Paladio' oil discovery offshore Angola. This
is the fourth exploration well BP has drilled in Block 18 and the fourth
successive discovery.

The well was tested at 3,980 barrels a day (b/d) of 31 degrees API oil.
Although further work will be needed to evaluate the full extent of Paladio,
the preliminary results indicate the possibility of a significant oil
accumulation.

Block 18 and its operatorship was awarded in 1996 by Sonangol (Angola's State
Oil Company) to Amoco Angola B.V. (a wholly-owned subsidiary of BP) with 50
per cent equity and to Shell Development Angola B.V. with 50 per cent equity.

Paladio was drilled by the deepwater drillship Pride Angola in 1,233 metres
water depth some 175 kilometres off the coast. Paladio is 15 kilometres east
of the Galio discovery and 10 kilometres north west of the Plutonio discovery.

The Pride Angola spudded a fifth Block 18 well, Cromio-1, on September 15,
seven kilometres east of Galio, after which she is expected to drill a sixth
well on the same block.

Of the previous discoveries, two wells were drilled in 1999 and the third
earlier in 2000.

The Platina discovery tested oil at 6,500 b/d in 1,400 metres water depth in
May, 1999. The Plutonio discovery tested oil at 5,700 b/d in 1,362 metres
water depth in July, 1999. The Galio discovery tested oil at 4,770 b/d in
1,238 metres water depth in January, 2000.



Notes to editors:

In December 1999, BP and the United States Agency for International
Development donated $7 million in a first ever public-private sector
partnership initiative to help alleviate humanitarian suffering across central
Angola, providing more than 15,000 tonnes of food aid and logistical
assistance to populations around the war-ravaged cities of Huambo and Kuito.

BP is the founding sponsor of the British-Angola Forum, a body which brings
together organisations, companies and individuals in the United Kingdom
concerned with Angola and its regional and international context under the
auspices of Chatham House.  BP works with a number of world renowned NGOs,
including the Angolan Red Cross and Norwegian People's Aid, to run a portfolio
of community projects in the areas of health, education, skills training and
de-mining. The company's range of community-support initiatives includes a
centre for homeless boys in Luanda, an orphanage in Lubango, and a series of
Red Cross health posts in Benguela Province, dispensing medical aid and
services to thousands of people.


Further information:

Ian Stewart, BP Press Office, Tel: [phone]