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RIVA PETROLEUM INCREASES SHARE IN PICO ANTICLINE PROSPECT

 RIVA PETROLEUM INCREASES SHARE IN PICO ANTICLINE PROSPECT
 LOS ANGELES, Feb. 10 /PRNewswire/ -- Riva Petroleum Inc. (Vancouver: RVA) has acquired an additional 8 percent working interest in the Pico Anticline Project, increasing Riva's total interest to 30 percent.
 The operation, which is one of the largest onshore oil exploration operations in California in the past 10 years, is moving ahead in the Towsley Canyon tract atop the Pico Anticline in northern Los Angeles County with imminent arrival of a 170-foot electrically powered drilling rig. The rig is rated for depths up to 25,000 feet and is targeting a vast indicated reservoir in the oil-rich Sespe formation at approximately 16,500 feet. The Pico Anticline occurs in the hydrocarbon prone Ventura Basin and is surrounded by prolifically producing fields.
 The exploration venture is headed by Noble Affiliates Inc.'s (NYSE: NBL) Sameden Oil Corp.
 -0- 2/10/92
 /EDITOR'S NOTE: The Vancouver Stock Exchange has neither approved nor disapproved the contents contained herein./
 /CONTACT: Robert C. Grey, president of Riva Petroleum (investors), 800-667-1660, or (evenings) 604-684-9601; or Douglas Lindeman of Cottrell and Lindeman Associates (media), 213-936-6677, or (evenings), 213-937-1240, for Riva Petroleum/
 (NBL RVA.) CO: Riva Petroleum Inc.; Noble Affiliates Inc. ST: California IN: OIL SU:


KJ-JL -- LA009 -- 8135 02/10/92 09:05 EST
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Publication:PR Newswire
Date:Feb 10, 1992
Words:215
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