media statement Chevron Parkland Announced at Perth Stadium and Sports Precinct

PERTH, Western Australia, June 2, 2016 – Chevron Australia Pty Ltd along with the Western Australian State Government today announced the new Chevron Parkland located within the Perth Stadium Sports Precinct on the Burswood Peninsula.

As an inaugural Precinct Partner, the Chevron Parkland will offer the local community and tourists access to a new rehabilitated parkland and nature playgrounds, BBQ areas and picnic facilities set around the river-fed lake.

Chevron Australia departing managing director Roy Krzywosinski said, as our operations in Western Australia transform us into a leading supplier of natural gas we are excited to be part of another legacy project for the State.

“We have a long history of environmental stewardship across all our business activities in Western Australia and we are proud to help create a revitalised parkland which will deliver a vibrant new inner-city destination for the community to discover and enjoy for decades to come,” Mr Krzywosinski said.

To announce the new multi-million dollar partnership, the Western Australian Premier, Hon. Colin Barnett, and Sport and Recreation Minister, Mia Davies, joined Mr Krzywosinski on site where work is already underway.

The Chevron Parkland is due to be completed in time for the Perth Stadium opening in early 2018.

Chevron is one of the world's leading integrated energy companies and through its Australian subsidiaries, has been present in Australia for more than 60 years. With the ingenuity and commitment of thousands of workers, Chevron Australia leads the development of the Gorgon and Wheatstone natural gas projects; manages its equal one-sixth interest in the North West Shelf Venture; operates Australia’s largest onshore oilfield on Barrow Island, is a significant investor in exploration offshore Australia and provides operational support to exploration assets operated by its affiliates in New Zealand.

Chevron Parkland Facts:

  • Situated on the Swan River foreshore alongside the Perth Stadium, the Chevron Parkland includes 2.6 hectares of rehabilitated parklands and nature playgrounds.
  • The Chevron Parkland will include a number of playground areas for children creating a memorable play experience in a unique natural environment.
  • The planting of more than 160,000 seedlings and 500 mature trees will take place on the Chevron Parkland site.
  • The area will recognise and acknowledge the cultural and heritage significance of the Peninsula and the Swan River to the Whadjuk people.
  • The late Dr Harry Butler AO CBE will be recognised within the Chevron Parkland.

  
NOTICE

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

Some of the items discussed in this press release are forward-looking statements about Chevron. Words such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “forecasts,” “projects,” “believes,” “seeks,” “schedules,” “estimates,” “may,” “could,” “should,” “budgets,” “outlook,” “on schedule,” “on track,” and similar expressions are intended to identify such forward-looking statements. The statements are based upon management's current expectations, estimates and projections; are not guarantees of future performance; and are subject to certain risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are changes in prices of, demand for and supply of crude oil and natural gas; the company’s ability to realize anticipated cost savings and expenditure reductions; actions of competitors; the inability or failure of the company's joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company's business, net production or manufacturing facilities or delivery/transportation networks due to war, accidents, political events, civil unrest, severe weather, cyber threats and terrorist acts; other natural or human factors; government-mandated sales, divestitures, recapitalizations, industry-specific taxes and changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; and general economic and political conditions. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.