Connect to share and comment  Chevron Corp. says it will auction
off rights to 2 Nigeria oil blocks as others companies sell
LAGOS, Nigeria - Chevron Corp. said Tuesday it wants to auction
off the rights it has to two offshore oil fields near Nigeria's
coast, the latest foreign oil company moving to divest from the
country as regulatory uncertainty looms in the nation.  The
company identified the two blocks as shallow-water fields near
the coast of Nigeria's Bayelsa state, which sits in the
country's oil-rich Niger Delta. The company did not disclose
what the estimated oil and gas reserves were for the fields,
which include the Anyala, Ato North and Madu plays.  Chevron
described the sell-off as part of its Nigerian subsidiary's
"continuous process of portfolio evaluation and business
prioritization." The company offered no other details.  The San
Ramon, California-based oil company said it produced some
238,000 barrels of crude oil a day in 2012, one of the major
foreign firms operating in Nigeria's oil in