press release

Unocal takes steps to ensure safety of Jakarta-based personnel; operations remain unaffected

El Segundo, Calif., May 15, 1998 - Unocal Corporation said today that it was taking appropriate steps to ensure the safety of its Jakarta-based staff and their families, both nationals and expatriates, in the wake of civil unrest that has affected this area of Indonesia.  As a precaution, the company is now implementing contingency plans to evacuate nonessential expatriate personnel based in Jakarta, as well as all dependents of expatriates who work in the city.

Unocal also said that all of its Indonesian crude oil, natural gas, and geothermal energy operations remain unaffected by the civil unrest in Jakarta.

"Unocal's operating activities are located in areas far removed from the disturbances in Jakarta," said Roger C. Beach, chairman and chief executive officer. Beach noted that the company's crude oil and natural gas production comes from offshore East Kalimantan.  Its exploration, development, and production operations are administered out of Balikpapan, a city on the island of Borneo.  Unocal's geothermal operations are located in the mountainous region of Gunung Salak, 60 miles south of Jakarta.

"We've had no disruptions to our operations or sales activities in any of these locations," said Beach. "All of our facilities are fully operational and secure."

Unocal's crude oil and natural gas production in Indonesia is sold in export markets, and the company does not expect that these activities will be affected by the current unrest.

Unocal has about 1,600 employees in Indonesia, nearly 95 percent of whom are host-country nationals. Only about 250 employees work out of its headquarters offices in Jakarta, including 44 expatriates.

"Our primary concern is for the safety and well-being of our employees and their families," Beach emphasized. " We are hopeful that calm will be quickly restored in Jakarta, and that our headquarters employees can return to work as soon as possible."

Unocal is one of the world's largest independent oil and gas exploration and production companies, with major resource development, power plant and pipeline projects in Central and Southeast Asia, Latin America and the U.S. Gulf of Mexico region.

Updated: May 1998