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SHEL Shell Plc

2,912.00
5.00 (0.17%)
Last Updated: 08:31:51
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  5.00 0.17% 2,912.00 2,911.50 2,912.00 2,919.00 2,903.00 2,907.00 645,257 08:31:51
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9802 9.75 188.83B

Shell Makes Malaysia Deepwater Gas Discovery

17/04/2014 8:05am

Dow Jones News


Shell (LSE:SHEL)
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From Apr 2019 to Apr 2024

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By Ian Walker

LONDON--Royal Dutch Shell PLC (RDSA.LN) said Thursday that the Rosmari-1 well offshore Malaysia encountered more than 450 meters of gas column, and said with more potential exploration planned this is a positive indicator for the potential for the well.

"Rosmari-1 is a testament to our ability to successfully drill and build understanding of new geology within our existing exploration heartlands, adding value to our existing assets in Malaysia," Andy Brown, Director Shell Upstream International said.

"We are expanding and rejuvenating heartlands across our exploration portfolio, including in Brunei, Australia and the Gulf of Mexico," Mr. Brown added.

Rosmari-1 is located 135 kilometers offshore in Block SK318 and was drilled to a total depth of 2,123 meters.

Shell B shares closed in London Wednesday at 2,384 pence valuing the oil major at 152.05 billion pounds ($210 billion).

-Write to Ian Walker at ian.walker@dowjones.com

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