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UNION TEXAS PETROLEUM ANNOUNCES NATURAL GAS DISCOVERY IN PAKISTAN

 HOUSTON, Jan. 20 /PRNewswire/ -- Union Texas Petroleum Holdings, Inc. today reported that its subsidiary, Union Texas Pakistan, Inc., has recently drilled a successful exploration well that discovered natural gas in the Badin area of southeastern Pakistan. Union Texas Pakistan, with a 30 percent working interest, serves as operator of a joint venture group which includes Occidental Petroleum (Pakistan) Inc., also with a 30 percent working interest, and Oil and Gas Development Corporation, a Pakistan government-owned company with a 40 percent working interest.
 Located about 95 miles southeast of Karachi, the Nakurji No. 1 exploration well was tested at a daily rate of 21.1 million cubic feet of gas on a 48/64-inch choke with 1,696 pounds-per-square-inch flowing tubing pressure from a zone in the Lower Goru formation between 5,782 feet and 5,788 feet.
 The Union Texas Pakistan joint venture has actively explored for oil and gas in Pakistan since 1977. The venture produces about 18,700 barrels of oil and 147 million cubic feet of gas daily. The Union Texas Pakistan group accounts for approximately 30 percent of Pakistan's total domestic oil output and 10 percent of its gas production.
 One of the largest independent producers located in the United States, Houston-based Union Texas Petroleum Holdings, Inc. (NYSE: UTH) explores for and produces oil and gas overseas primarily in the U.K. North Sea, Indonesia and other strategic international areas. The company also has petrochemicals interests in the U.S.
 -0- 1/20/93
 /CONTACT: Carol L. Cox of Union Texas Petroleum, 713-968-3258/
 (UTH)


CO: Union Texas Petroleum Holdings, Inc. ST: Texas IN: OIL SU: DSC

LR -- NY030 -- 6809 01/20/93 10:48 EST
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Publication:PR Newswire
Date:Jan 20, 1993
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