Chevron announces slight increase in 2009 overall reserves

02/25/2010 | Reuters

Growth in Chevron's consolidated operations has helped the company report a 1% increase in its oil and gas reserves for 2009, according to a regulatory filing. Net proved reserves of Chevron's consolidated companies rose 5%, to 8.3 billion barrels of oil equivalent, while its affiliates posted an 8% decline, to just more than 3 billion barrels.

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