EXHIBIT 99.1




           TRITON ENERGY CLOSES OFFERING OF $300 MILLION SENIOR NOTES;
                 CALLS 8 3/4% SENIOR NOTES DUE 2002 FOR REDEMPTION

DALLAS,  TEXAS  -  October 5, 2000 - Triton Energy Limited (NYSE: OIL) announces
that  it  has  sold  $300 million of 8 7/8% senior notes due 2007 in an offering
within  the  United  States to qualified institutional investors and outside the
United  States  to  non-U.S.  investors.

The  notes  have a seven-year term and are noncallable for the first four years.

"We  will  use  the  proceeds to refinance our $200 million 8 3/4% senior notes
due 2002, as well as for capital expenditures and other general corporate
purposes," said  W. Greg Dunlevy, Triton Senior Vice President and Chief
Financial Officer.  "The  funding  will  support  our active exploration,
development and production programs  in  offshore  Equatorial  Guinea  and
elsewhere  in  the  world."

The  securities were not registered under the Securities Act of 1933, as amended
(the  "Securities Act"), or any state securities laws, and unless so registered,
may  not be offered or sold in the United States except pursuant to an exemption
from,  or  in a transaction not subject to, the registration requirements of the
Securities  Act  and  applicable  state  securities  laws.  This announcement is
neither  an  offer  to  sell  nor a solicitation to buy any of these securities.

$200  MILLION  8 3/4%  SENIOR  NOTES  DUE  2002  REFINANCED

In  addition,  Triton  Energy announces that it has called for redemption all of
the  outstanding  8 3/4 %  senior notes due 2002 at the redemption price,
including accrued  interest,  of  $1,038.40  per  $1,000  principal  amount of
notes.  The redemption  date  is  November  3,  2000.


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Investor Contact:  Crystal C. Bell, Director, Investor Relations and
                   Corporate Communications
                   Triton Energy
                   (214) 691-5200

Media Contact:     Mark Semer
                   Kekst and Company
                   (212) 521-4802