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Chevron Corporation Signs Exploration Deal


Chevron Corporation (NYSE:CVX) has entered into a series of gas exploration deals with the Romanian mineral resources agency.

Chevron Corporation Signs Exploration Deal

Under this new deal with the Romanian mineral resources agency ANRM, the US based oil giant Chevron Corporation (NYSE:CVX) was granted exploration rights over Black Sea blocks for a period of 30 years, with a 15-year extension period.

Chevron Corporation (NYSE:CVX) has got approval for three Black Sea blocks in Vama Veche, Adamclisi and Costinesti and also leased a fourth block in Romania, in the eastern city of Barlad.

Chevron Corp. (NYSE:CVX) stocks were at 106.22 at the end of the last day’s trading. There’s been a -0.4% change in the stock price over the past 3 months.

Chevron Corporation Signs Exploration Deal
Chevron Corp. (NYSE:CVX) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 4 out of 19 in the industry


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