Chevron response to investor letter regarding US Government’s Burma Responsible Investment Reporting Requirements.
Chevron, through our subsidiary Unocal Myanmar Offshore Co., Ltd, was granted exploration rights in a block located offshore Myanmar in March this year. Unocal Myanmar Offshore Co., Ltd. will be the operator of the block with a 99 percent interest. Royal Marine Engineering, a Myanmar-based company, will hold the remaining interest in the block….
…Chevron intends to fully comply with the U.S. Government’s Burma Responsible Investment Reporting Requirements.