Chevron close to fulfilling requirements for new deepwater permit

02/9/2011 | Nasdaq.com

The federal government will soon release Gulf of Mexico deepwater-drilling permits, Chevron believes. The company is close to meeting the requirements the federal government set for securing a drilling permit, said Gary Luquette, Chevron president for North America exploration and production. "We are very close to getting to the end of having all questions answered and to the point where we are going to get that certainty," Luquette added.

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