Chevron Reports Nat Gas Discovery Offshore Australia

Chevron Corporation (NYSE: CVX ) today announced further drilling success by its Australian subsidiary in the Exmouth Plateau area, located in the Carnarvon Basin. The Elfin-1 exploration discovery well encountered approximately 132 feet (40 meters) of net gas pay in the upper Mungaroo sands. It is Chevron's 21^st discovery offshore western Australia since mid-2009. Located