Chevron wins new exploration rights off Australia

“Oil giant Chevron Corp. said Monday that one of its subsidiaries won exploration rights in an area off northwest Australia. Chevron Australia won the rights in part of the Greater Gorgon Area, a section of Carnarvon Basin, an area rich in petroleum and gas reserves. This award covers about 1,150 square miles about 60 miles offshore… Chevron Australia is based in Perth, on Australia’s west coast. Chevron Corp. is based in San Ramon.”