Chevron Confirms M-U Assets for Sale, Asks Vendors to Avoid Media

On Wednesday MDN told you Chevron is hinting they will sell off all of their Marcellus/Utica assets (see Chevron Writes Down $5B+ in Marc/Utica Assets, Looks to Sell All). It’s no longer a hint. An MDN friend forwarded a copy of an email sent yesterday by Chevron’s Appalachian Mountain Business Unit (AMBU) vice president to suppliers confirming that all (yes ALL) of Chevron’s Marcellus/Utica assets are officially on the market for sale. The email also asks suppliers to ignore rumors and speculation circulating, and requests that should pesky members of the media contact them for comment, to please direct them to Chevron media relations for an official response. We have a copy of the leaked email…

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