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Chevron Sells Stake in Canadian Shale Area

Chevron Sells Stake in Canadian Shale Area

Wall Street Journal 6/10 08:13

Chevron Corp. said it has agreed to sell 30% of a key shale play to a subsidiary of Kuwait Foreign Petroleum Exploration Co. for $1.5 billion, as the oil giant presses ahead with its plans to develop a gas-rich stretch of western Canada.

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