The company is now focused on an aggressive exploration plan and production activities in Atlantic Canada, the Mackenzie Delta and Alberta's oil sands.
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Chevron Sub Sold Alberta Midstream Stake
Canadian subsidiary of ChevronTexaco, Chevron Canada Resources, is selling its interest
Canadian subsidiary of ChevronTexaco, Chevron Canada Resources, today announced it is selling its interest in Central Alberta Midstream Services to SemCanada, L.P.
The sale will complete ChevronTexaco's plans first announced in December, 2003 to divest of assets in Western Canada, supporting a drive to optimize its North American upstream holdings portfolio. In June, 2004, Chevron Canada sold assets to Acclaim Energy Trust and Enerplus Resources Fund.
The company is now focused on an aggressive exploration plan and production activities in Atlantic Canada, the Mackenzie Delta and Alberta's oil sands.
The company is now focused on an aggressive exploration plan and production activities in Atlantic Canada, the Mackenzie Delta and Alberta's oil sands.
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