	standard srd referring bp bp bid to group standard oil co said british petroleum co plc s proposed offer of dlrs a share for the pct of standard s stock not held by bp is being referred to a special committee of the company s board this committee which is composed of the independent non exective directors of the company was formed in april for the purpose of monitoring the relationship between standard oil and bp standard said the group will consider bp s offer in due course noting the committee has retained the first boston corp and cravath swaine and moore as advisers reuter 
