Chevron Corporation CVX today announced its Australian subsidiary
has acquired exploration interests in two offshore blocks located in the
Bight Basin, a deepwater frontier basin.
Blocks S12-2 and S12-3, which span more than 8 million acres (32,375
square kilometers), are located approximately 275 miles (443 kilometers)
west of Port Lincoln off the South Australia coast. Chevron Australia is
the operator with a 100 percent interest.
Melody Meyer, president of Chevron Asia Pacific Exploration and
Production Company, said, “The acquisition of blocks S12-2 and S12-3
demonstrates Chevron's continued focus on pursuing high-impact
exploration opportunities to expand its resource base and reinforces the
importance of Australia to Chevron's
See full press release
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