Chevron completed the sale of an oil field in Utah.
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The San Francisco oil company said it completed the previously announced sale of its interest in the Bluebell-Altamont oil field to Houston-based Proven Properties for $360 million. Proven Properties is 49% owned by Pennzoil. The sale includes Chevron’s interest in 330 wells, 132 of which it operated, in the 600-square-mile field.
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