Chevron details Romanian shale gas exploration plans

05/9/2013 | Reuters

Chevron announced plans to begin shale natural gas exploration in Romania. "The exploration phase has a multi-year timeframe. The results of the exploration stage will determine, in cooperation with the Romanian government, the commencement of any potential exploitation activities," said Sally Jones, a spokeswoman for the company. Chevron owns rights in three blocks covering 670,000 acres in Romania.

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