BRIEF-Chevron Announces Sale Of Majority Interest In Its East Texas Gas Assets-March 2024-www.financetom.com

BRIEF-Chevron Announces Sale Of Majority Interest In Its East Texas Gas Assets

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BRIEF-Chevron Announces Sale Of Majority Interest In Its East Texas Gas Assets

Mar 31, 2025 6:50 PM

March 31 (Reuters) - Chevron Corp ( CVX ):

* CHEVRON ANNOUNCES SALE OF MAJORITY INTEREST IN ITS EAST

TEXAS

GAS ASSETS

* CHEVRON CORP ( CVX ) - SELLS 70% INTEREST IN EAST TEXAS GAS ASSETS

FOR

$525 MILLION

* CHEVRON CORP ( CVX ) - RETAINS 30% NON-OPERATED WORKING INTEREST

JOINT VENTURE

* CHEVRON CORP ( CVX ) - TRANSACTION EXPECTED TO GENERATE OVER $1.2

BILLION IN VALUE TO CHEVRON

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