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UNIT CORPORATION ANNOUNCES DRILLING OF WELL

 TULSA, Okla., Feb. 12 /PRNewswire/ -- Unit Corp. (NYSE: UNT) announced today that its wholly owned subsidiary, Unit Petroleum Co., will participate for 10 percent interest in the drilling of an on-shore high-risk wildcat well in Northern Ireland on a 100 square mile license area. The joint venture, called the Toomebridge Prospect, is operated by Nuevo Energy Co., Houston, who owns 25 percent. The rig is on location 35 miles northwest of Belfast where it expects to spud immediately and drill to the same zones (above 5,500 feet) which are prolific gas and oil producers in the Irish Sea.
 Unit Corp. is a Tulsa-based, publicly-held energy company engaged in oil and gas exploration, production, transportation, and contract drilling. Unit's common shares are listed on the New York Stock Exchange under the symbol UNT.
 -0- 2/12/93
 /CONTACT: King P. Kirchner, chairman of the board of Unit, 918-493-7700/
 (UNT)


CO: Unit Corp.; Nuevo Energy Co.; Unit Petroleum Co. ST: Oklahoma IN: OIL SU: JVN

TM -- SF004 -- 6125 02/12/93 11:40 EST
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Publication:PR Newswire
Date:Feb 12, 1993
Words:173
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