Chevron withdrawal from Cooper Basin exploration venture with Beach Energy 'no reflection on SA', Government says

Chevron withdrawal from Cooper Basin exploration venture with Beach Energy 'no reflection on SA', Government says

ABC Suggestions that oil firm Chevron's withdrawal from a shale venture in the state's far north-east will stymie plans to create 5,000 jobs in the sector by 2017 has been rejected by the South Australian Government. The US firm had signed a deal with Adelaide-based Beach Energy last year to explore for gas in the Cooper Basin. Beach Energy said Chevron had now reduced its exploration due to mar…

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