No. 13



Vintage Petroleum To Defer Drilling In Block S-1 To 2000

Vintage Petroleum Inc., the operator of Block S-1 in Yemen,has elected to defer drilling on the block until next year. Under itsproduction sharing agreement, Vintage has a commitment to shoot 3D seismic anddrill three exploratory wells in the first exploration period, which ends inDecember 2000 and may be followed by a second exploration period of 2.5 years.Acquisition of 3D seismic on Block S-1 is...