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Chevron Announces Natural Gas Discovery Offshore Australia

Business Wire
Monday, 24 September 2012

Chevron Announces Natural Gas Discovery Offshore AustraliaSAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced further drilling success by its Australian subsidiary in the Greater Gorgon Area, located in the Carnarvon Basin, a premier hydrocarbon basin. The Satyr-2 exploration discovery well confirmed approximately 128 feet (39 meters) of net gas pay. The well is located in the WA-374-P permit area approximately 75 miles (120 kilometers) northwest of Barrow Island off the Western Australian coast. The well was drilled in 3,570
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