Production of approximately 225,000 barrels per day is anticipated when central treating facilities and drilling operations are completed. ChevronTexaco is a 25 percent partner in the project consortium.
"This is a tremendous achievement for the people of Chad and Cameroon, as well as the project partners," said George Kirkland, president of ChevronTexaco Overseas Petroleum. "As a company, we are making significant investments in Africa and view the Chad Cameroon Development Project as one of many components of our African growth strategy."
To celebrate first oil, project inauguration ceremonies will be held in Chad in late September and in Cameroon in late October.
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