Joint Ventures, Natural Gas Discoveries, Open Season Extensions, and Production Updates - Research Report on Chevron, Occidental Petroleum, Apache, Enterprise, and Suncor Energy

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Jul 19, 2013, 08:00 ET

NEW YORK, July 19, 2013 /PRNewswire/ --

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Today, Analysts' Corner announced new research reports highlighting Chevron Corporation (NYSE: CVX), Occidental Petroleum Corporation (NYSE: OXY), Apache Corp. (NYSE: APA), Enterprise Products Partners L.P. (NYSE: EPD), and Suncor Energy Inc. (NYSE: SU). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Chevron Corporation Research Report

On July 16, 2013, a subsidiary of Chevron Corporation (Chevron) announced that it has signed an agreement with the affiliates of the Argentine oil company YPF S.A. to further the development of shale oil and gas resources from the Vaca Muerta formation located in the Neuquén province. George Kirkland, Vice Chairman of Chevron, stated, "This strategic investment will allow Chevron to take part in the Vaca Muerta, one of the most exciting shale oil and gas plays in the world today." Kirkland continued, "It provides Chevron with a new opportunity to profitably grow production beyond our 2017 production target of 3.3 million barrels per day." Ali Moshiri, President of Chevron Africa-Latin America Exploration and Production, commented, "Chevron has a long history in Argentina, and this project demonstrates our commitment to the country, its economic development and its goal of achieving energy self-sufficiency." The Full Research Report on Chevron Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/d042_CVX]

Occidental Petroleum Corporation Research Report

On July 15, 2013, Occidental Petroleum Corporation (Occidental Petroleum) announced that its wholly-owned subsidiary, Occidental Petroleum of Qatar Ltd. (Oxy Qatar), has entered an agreement with Qatar Petroleum for the Phase 5 Field Development Plan (FDP) of the Idd El Shargi North Dome Field (ISND), offshore Qatar. Occidental Petroleum reported that the ISND Phase 5 FDP has been prepared in close cooperation between Oxy Qatar and Qatar Petroleum as part of the continued development of ISND under the Development and Production Sharing Agreement (DPSA) between the Government of the State of Qatar and Oxy Qatar, which was entered into in July 1994. The Company said that the work has already begun and will continue to sustain oil production levels at about 100,000 barrels/day through the next six years. The Full Research Report on Occidental Petroleum Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/8cf8_OXY]

Apache Corp. Research Report

On July 16, 2013, Apache Corp. (Apache) announced that its Australian subsidiary has confirmed a natural gas discovery at its operated Bianchi-1 well in Retention Lease WA-49-R, located in the Carnarvon Basin offshore northwest Australia. Apache reported that the Bianchi-1 well encountered approximately 367 feet (112 meters) of net natural gas pay in eight reservoir zones between 15,577 and 17,530 feet subsea (4,748 to 5,343 meters). Faron Thibodeaux, Managing Director of Apache in Australia, said, "Bianchi is an important well for Apache, providing further understanding of the development options with the greater Zola area." Thibodeaux added, "Evaluation of these recent discoveries is at an early stage and is being undertaken to assess potential commercial opportunities." The Full Research Report on Apache Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/0783_APA]

Enterprise Products Partners L.P. Research Report

On July 11, 2013, Enterprise Products Partners L.P. (Enterprise) announced the extension of its open season. The Company informed that the binding open season to determine shipper support for transporting propane to Mont Belvieu, Texas on the partnership's Appalachia-to-Texas pipeline has been extended until 5:00 p.m. CDT Thursday, August 15, 2013. The Full Research Report on Enterprise Products Partners L.P. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/7450_EPD]

Suncor Energy Inc. Research Report

On July 16, 2013, Suncor Energy Inc. (Suncor Energy) announced that it has resumed its full production at its oil sands operations. Suncor reported that since the restart of its Enbridge regional oil sands pipeline system in early July 2013, it has been accelerating its oil sands production as pipeline and storage capacity would allow. During the latter part of June 2013, the Company had to reduce production from its oil sands operations as a result of the precautionary shutdown of the Enbridge pipeline system within the Fort McMurray region. Suncor stated that it worked to mitigate the impact using existing storage capacity and continuing to move product on its Oil Sands pipeline. The Full Research Report on Suncor Energy Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/afd1_SU]

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