Drilling Report

Total Fina Elf.
21 June 2000



         TOTAL FINA ELF ANNOUNCES SECOND OFFSHORE GAS DISCOVERY
                               IN TRINIDAD

Paris,  June  21, 2000 -- TotalFinalElf (30%) announces a second  natural
gas  discovery offshore Trinidad on Block 2(c) in association with Broken
Hill Proprietary Company Limited (BHP the operator) and Talisman.

The  new  discovery  well,  Aripo-1, is located  40  kilometers  off  the
northeastern  coast  of Trinidad, in a water depth  of  approximately  30
meters.  Drilling encountered natural gas in a similar  section  to  that
successfully  tested in the first exploration well,  Angostura-1  in  May
1999. Tests carried out on Aripo-1 showed a daily stabilized rate of 46.3
million  standard  cubic feet of natural gas. Angostura-1,  located  four
kilometers  southwest of Aripo-1, showed a daily flow rate of 30  million
standard cubic feet.

This  new success strengthens the potential for Block 2(c). Future  plans
will  be determined following the evaluation of information obtained from
the well. Trinidad has a very active gas industry based on petrochemicals
and  more  recently LNG, with the first train beginning  production  last
year.

This discovery confirms TotalFinalElf's strategy for growth in the Americas
where the Group is already present and where it is looking to develop  in
the area of gas and exploring deep offshore regions.

Media Contacts:
Thomas Saunders  33.1. 47 44 42 30
Catherine Enck   33.1. 47 44 37 76