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LSI 2010 NRD Santa Fe final conference binder 072110.pdf

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Ken L. Frank of Chevron Environmental Management Company Speaker 14: 3<br />

Our Key Principles for <strong>NRD</strong><br />

Focus actions and goals<br />

on restoration of lost<br />

natural resources;<br />

Benefit stakeholders by<br />

cost-effective, reasonable<br />

and prompt actions;<br />

Reduce the unpredictability<br />

of the <strong>NRD</strong>A process, and<br />

Minimize transaction costs<br />

and avoid litigation.<br />

© <strong>2010</strong> Chevron<br />

5<br />

Chevron’s Management Approach to Success<br />

• Experienced project managers with an increased awareness of<br />

<strong>NRD</strong>A<br />

• Internal Technical experts that are experienced <strong>NRD</strong>A specialists<br />

• Experienced outside consultants with approaches that are aligned<br />

with Chevron’s objectives<br />

• Experienced outside counsel with an understanding of Chevron’s<br />

approach at multiple sites in our portfolio<br />

© <strong>2010</strong> Chevron<br />

6<br />

Law Seminars International | Natural Resource Damages | 07/15/10 in <strong>Santa</strong> <strong>Fe</strong>, NM

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