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Canada: Chevron to sell Duvernay shale assets


22 Jan 2024

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Chevron has said it will put its natural gas business in Canada's Duvernay Shale for sale as it continues to streamline global operations following several big acquisitions, according to a Reuters report.

The assets, which produce about 40,000 barrels of oil and gas a day from about 235,000 acres in the Duvernay field in central Alberta, could fetch up to $900 million, according to the Houston-based advisory firm Energy Advisors Group.

Click here for full Reuters announcement

Source: Reuters





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