Chevron (CVX) and Apache (APA) each agree to acquire 50% interests in the Kitimat liquefied...

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

Chevron (CVX) and Apache (APA) each agree to acquire 50% interests in the Kitimat liquefied natural gas project and proposed Pacific Trail Pipeline from EOG Resources (EOG) and Encana (ECA), with CVX becoming operator. CVX and APA also will acquire 50% interests in ~644K acres of petroleum and natural gas rights in the Horn River and Liard Basins in British Columbia from EOG and ECA, with APA becoming operator.