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SHEL Shell Plc

2,821.50
-20.00 (-0.70%)
Last Updated: 13:56:23
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
  -20.00 -0.70% 2,821.50 2,821.00 2,821.50 2,841.00 2,755.00 2,837.00 3,104,278 13:56:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9802 9.45 182.95B

Royal Dutch Shell Announces Gabon Deep-Water Gas Discovery

22/10/2014 9:42am

Dow Jones News


Shell (LSE:SHEL)
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By Ian Walker

LONDON--Oil major Royal Dutch Shell PLC (RDSB.LN) said Wednesday the Leopard-1 well has encountered a substantial gas column, with around 200 meters net gas pay in a pre-salt reservoir, and it now plans an appraisal program to further determine resource volumes.

The well, which is located around 145 kilometers off the Gabonese coast, west of Gamba, was drilled in water 2,110 meters deep to a total vertical depth of 5,063 meters.

Shell is the operator of the well with a 75% interest. CNOOC Ltd. (CEO) has the remaining 25% interest.

Write to Ian Walker at ian.walker@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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