Chevron (CVX +0.3%) finds more natural gas off Australia's west coast, successfully drilling an...

|About: Chevron Corporation (CVX)|By:, SA News Editor

Chevron (CVX +0.3%) finds more natural gas off Australia's west coast, successfully drilling an exploratory well at its Gorgon development in the Carnarvon Basin. CVX has high hopes for several natural gas projects in the area, and is spending billions of dollars developing infrastructure and lining up future customers for natural gas in Asia.