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Chevron (CVX -1%) reports another natural gas discovery off the Western Australian coast - its...

Chevron (CVX -1%) reports another natural gas discovery off the Western Australian coast - its 20th one since mid-2009 - as its Kentish Knock South-1 exploration well encountered ~75 meters of net gas pay in the upper Mungaroo Sands. CVX says the discovery follows recent drilling success in the Carnarvon Basin; in September, CVX unveiled a major discovery in the Gorgon area.
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