Drilling Report

BP Amoco PLC
20 March 2001


March 20, 2001


               BP GREATER PLUTONIO PROSPECT ON TRACK IN ANGOLA


BP and Shell announced today two further oil discoveries in deepwater Block 18
offshore Angola. Drilled in the vicinity of four existing discoveries, these
wells significantly enhance confidence in the reserves discovered to date.


The recent wells, Cromio completed in October 2000, and Cobalto completed in
December 2000, were drilled by the deepwater drillship Pride Angola. Water
depths in the area are 1200-1400m and the wells lie about 175 kilometres off
the coast.


With these two latest wells, BP and Shell have now found oil in all six wells
drilled to date in Block 18. Platina and Plutonio, drilled in 1999, Galio,
Paladio and the two new wells, drilled in 2000, all lie within a 20 kilometre
radius, collectively forming the Greater Plutonio Prospect.


Block 18 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.


Notes to editors:


BPs involvement with Angola goes back to the mid 1970s.  During the 1990s, BP
made very substantial investments in Angola's offshore oil and it is now one
of the company's investments which is growing in importance. BP has interests
in six blocks with operatorship of two.


BP operates Block 18 (details above) and Block 31, the latter being awarded to
BP in May 1999 and in which BP has 26.6 per cent equity. BP's Block 31
partners are Exxon, Sonangol, Statoil, Marathon and Elf. The Block covers an
area of 5,349 square kilometres and lies in water depth of between 1500 and
2500 metres.


BP's non-operated interests are:


Block 5           Operated by Sonangol P&P           BP 27.5 per cent equity
Block 15          Operated by Exxon                  BP 26.6 per cent equity
Block 17          Operated by Elf                    BP 16.6 per cent equity
Block 21          Operated by BHP                    BP 20 per cent equity


Further enquiries:

Toby Odone, BP Press Office, London: [phone]



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