Oil has been found beneath a Paris...

Oil has been found beneath a Paris suburb, and officials with the state-controlled oil company said they were encouraged by the success of their first wildcat well in the French capital. Exploratory drilling began three weeks ago on a permit granted to the company, Societe Nationale Elf Aquitaine, for the Paris-Isle-de-France region. “After the seismic tests we did, we figured we would find something,” said Thomas Saunders, a spokesman for the oil company. “But we thought there was maybe one chance out of six or seven. Everybody’s very pleased, of course, that we found something the first time.” Elf Aquitaine holds a 50% share of the permit with Total-Compagnie Francaises des Petroles owning 35% and British Petroleum France holding the rest. The permit was awarded in December, 1985.