Chevron Doubles Down On East-Med Gas Assets ...Middle East

Back in 2010, U.S. oil and gas giant Chevron Corp. (NYSE:CVX), alongside its partners NewMed Energy (OTCPK:DKDRF) and Ratio Oil Corp., discovered the Leviathan Gas Field, one of the world’s largest deep-water gas fields. Spanning 330 square kilometers with 22.9 trillion cubic feet of recoverable gas, Leviathan is the largest natural gas reservoir in the Mediterranean, and one of the largest producing assets in the region. NewMed is Leviathan's main operator with a 45.3% working interest while Chevron has a 39.7% working…

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