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Chevron To Acquire Delaware Basin Acreage
September 12, 2012
Chevron Corporation (CVX) announced that its subsidiary, Chevron U.S.A. Inc., has agreed to acquire 246,000 net leasehold acres in the Delaware Basin in New Mexico, a part of the Permian Basin, from Chesapeake Energy Corporation (CHK). Terms of the agreement were not disclosed.
“This acquisition in a premier emerging play in the Permian Basin grows our ...
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