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Favorable Tribunal Awards, Important Oil Discoveries, Production Commencements, Flood Relief Efforts, and Share Distributions -



       Favorable Tribunal Awards, Important Oil Discoveries, Production
Commencements, Flood Relief Efforts, and Share Distributions - Research Report
                  on Chevron, BP, Total, Encana, and Statoil

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, September 23, 2013

NEW YORK, September 23, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting Chevron
Corporation (NYSE: CVX), BP plc (NYSE: BP), Total SA (NYSE: TOT), Encana
Corporation (NYSE: ECA), and Statoil ASA (NYSE: STO). Today's readers may
access these reports free of charge - including full price targets, industry
analysis and analyst ratings - via the links below.

Chevron Corporation Research Report

On September 18, 2013, Chevron Corporation (Chevron) announced that an
arbitration tribunal issued a Partial Award in favor of the Company and its
subsidiary, Texaco Petroleum Company (TexPet). According to Chevron, the
Tribunal found that the Settlement and Release Agreements that the government
of Ecuador entered into with TexPet released TexPet and its affiliates of any
liability for all public interest or collective environmental claims. Hewitt
Pate, Vice President and General Counsel of Chevron, commented, "The game is
up. This award by an eminent international tribunal confirms that the
fraudulent claims against Chevron should not have been brought in the first
place. It is now beyond question that efforts by American plaintiffs' lawyers
and the government of Ecuador to enforce this fraudulent judgment violate
Ecuadorian, U.S., and international law. Continuing to support this fraud only
increases the government of Ecuador's growing liability to Chevron and we urge
Ecuador to reconsider its position and pursue a more responsible course." The
Full Research Report on Chevron Corporation - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.InvestorsReports.com/report/2013-09-18/CVX]

--

BP plc Research Report

On September 9, 2013, BP plc (BP) announced an important gas discovery in the
East Nile Delta. BP reported that the Salamat deepwater exploration well was
drilled using the sixth generation semi-submersible rig "Maersk Discoverer" in
water depth of 649 meters and reached a total depth of around 7,000 meters.
The Company added that Salamat is the deepest well ever drilled in the Nile
Delta. Mike Daly, Executive Vice President Exploration at BP, stated, "Success
with Salamat proves hydrocarbons in the centre of a 50-km long structure. With
a hydrocarbon column in excess of 180 metres, the discovery increases our
confidence in the materiality of the deep Oligocene play in the East Nile
Delta." Hesham Mekawi, BP Egypt Regional President, added, "The Salamat
discovery is a great outcome for our first well in this core exploration
programme in the East Nile Delta. It shows our commitment to meeting Egypt's
energy needs by exploring the deep potential offshore the Nile Delta.
Standalone and tie-back to the nearby Temsah infrastructure development
options are currently being evaluated." The Full Research Report on BP plc -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-09-18/BP]

--

Total SA Research Report

On September 11, 2013, Total SA (Total) and its co-venturers announced the
commencement of production from the Kashagan field, located in the Kazakh
sector of the Caspian Sea. According to the Company, the Phase 1 output is
expected to average 300,000 barrels per day at plateau. Total informed that
the project commenced in 2004 and the Company had to resolve a series of
challenges in logistics, technology, and environment before it started the
Phase 1 first oil production. The Full Research Report on Total SA - including
full detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.InvestorsReports.com/report/2013-09-18/TOT]

--

Encana Corporation Research Report

On September 18, 2013, Encana Corporation (Encana) announced its $250,000
donation to support disaster relief and recovery efforts in the flood-ravaged
Front Range of Colorado. Encana reported that it will issue cash grants to
various charities active in the efforts in Weld and Boulder Counties,
including the flood relief funds established by Weld County United Way and
Foothills United Way. The Company stated that Encana will also match its
employee donations to registered charities up to $25,000 per employee as part
of the Company's matching gifts program. Doug Suttles, President and CEO of
Encana, said, "Encana is committed to assisting with the hard work and relief
efforts already underway to mitigate the widespread impact of this flooding.
Many staff in our Denver and Front Range offices have been directly impacted;
we're pledging our support to these colleagues as well as everyone else
affected by these devastating events." The Full Research Report on Encana
Corporation - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-09-18/ECA]

--

Statoil ASA Research Report

On September 17, 2013, Statoil ASA (Statoil) announced that the shares
purchased by DNB on behalf of the Company on September 13, 2013 for use in the
group's share saving plan have been distributed to the employees on September
17, 2013 in accordance with their savings amount. According to Statoil,
following the aforementioned distribution of shares, the share saving plan has
8,830,656 shares. The Full Research Report on Statoil ASA - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.InvestorsReports.com/report/2013-09-18/STO]

----

EDITOR NOTES:

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    basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we
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    omissions, please notify us below.
 3. This information is submitted as a net-positive to companies mentioned, to
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SOURCE Investors' Reports

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