Chevron (CVX) announces a successful production test at its St. Malo PS003 deepwater well in the...

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

Chevron (CVX) announces a successful production test at its St. Malo PS003 deepwater well in the Gulf of Mexico, with oil flow rates exceeding 13K barrels/day. "(It) further confirm(s) the significance of the St. Malo field," says N.A. production president Gary Luquette. Chevron has a 51% interest in the field, with PBR and STO also having significant stakes. (PR)