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Chevron discovers gas in Exmouth Plateau

Oilfield Technology,

Chevron Corp. today announced a natural gas discovery in the Exmouth Plateau area of the Carnarvon Basin offshore Western Australia. The discovery is located in Australia’s premier hydrocarbon basin, where Chevron is a leading leaseholder.

The Brederode-1 exploration well is located within the WA-364-P permit area approximately 217 miles northwest of Onslow. Situated in 4550 ft of water, the well was drilled to a depth of 9022 ft and encountered approximately 49 ft of net gas pay.

George Kirkland, vice chairman, Chevron, said, "We are encouraged by the Brederode-1 exploration success, which is further evidence of the natural gas potential in the Exmouth Plateau area and the frontier opportunities offshore northwest Australia.”

Jim Blackwell, president, Chevron Asia Pacific Exploration and Production Co., said the Brederode-1 discovery, which follows the 2009 Kentish Knock discovery in the same area, extends the gas resources farther offshore Australia and continues to grow our discovered gas portfolio in Australia.

“This discovery expands the resource potential in the Carnarvon Basin frontier and demonstrates our long-term commitment to developing Australia’s world-class natural gas resources,” said Blackwell.

Chevron’s Australian subsidiary is the operator of WA-364-P with a 50% interest. Shell Development (Australia) also holds 50% interest.

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