Chevron offshore well encounters natural gas
Investing News Network - February 9th, 2011
Bloomberg reports that Chevron Corp (NYSE:CVX) announces offshore drilling operation close to Western Australia has encountered natural gas deposits.
Bloomberg reports that Chevron Corp (NYSE:CVX) announces offshore drilling operation close to Western Australia has encountered natural gas deposits.
The market news is quoted as saying:
Chevron, the second-largest U.S. oil company, said its exploration success in the Carnarvon, Australia’s leading hydrocarbon basin, underpinned further expansion opportunities for Gorgon, which is expected to be completed in 2014.