AMOCO REPORTS SOUTH CHINA SEA OIL FIND

  The U.S. &lt;Amoco Petroleum Corp> has
  reported an offshore oil find at its Pearl River basin
  concession in the South China Sea, the New China News Agency
  said.
      It said the Liu Hua 11-1-1 A well produced at around 2,240
  barrels per day at a depth of 305 metres.
      The news agency said Amoco plans to drill a second well in
  the area this year, but gave no further details.
  

