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Chevron joins forces with Apache in Kitimat LNG

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Report summary

Kitimat LNG one of the proposed export terminals on Canada's west coast has received a boost as Chevron joins Apache in a new 50:50 JV to take the project forward. The partnership holds a considerable position in both the Horn River and promising Liard plays of northern British Columbia. Encana and EOG will exit the LNG project and relinquish some of their Horn River lands. We estimate that even without LNG export development of the Liard and Horn River lands could be worth US$1.5

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    Canada joins forces with Apache in Kitimat LNG.xls

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    Chevron joins forces with Apache in Kitimat LNG

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  • Location of assets
  • Sensitivity of Liard well performance to valuation of upstream assets (net to Chevron)

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