Chevron enters domestic lithium sector to support u.s. energy security

Houston--(business wire)--chevron u.s.a. inc., a subsidiary of chevron corporation (nyse: cvx), announced today the acquisition of two leasehold acreage positions. the first from terravolta resources, whose investor is an affiliate of the energy & minerals group (emg), and the second from east texas natural resources (etnr) llc. the estimated leasehold position includes ~125,000 net acres and is situated across regions where the smackover formation is present, specifically spanning northeas.
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