The Times: Discoveries push £2.4bn Cairn into FTSE 100
“…it will also seal the humiliation of an already shamed Shell”
By Nick Hasell
September 06, 2004
CAIRN Energy is set to secure a place in the FTSE 100 for the first time in this week’s quarterly index reshuffle after four significant oil discoveries in India this year triggered a near-fourfold rise in its shares.
Elevation to the benchmark index will mark a triumph for Bill Gammell, chief executive of the Scottish oil and gas explorer, who boasts a close friendship with US President George Bush and a school acquaintance with Tony Blair. But it will also seal the humiliation of an already shamed Shell, which originally owned 50 per cent of the strike-rich property in Rajasthan that is the basis of Cairn’s current £2.4 billion stock market valuation.
Shell judged the prospects of the Indian field too speculative and sold its half-interest to Cairn two years ago for $7.25 million. Cairn’s plans for the field — including its attempts to seek an extension to the north of the property — should prove the focus of its first-half results on Tuesday.
As of last week’s close, Cairn will take the place of Schroders, the fund manager, whose stock market value has shrunk to £1.8 billion amid the summer lull in equity markets, the levels of which are a key determinant of its fee income.
There is also an outside chance that Hammerson, the property developer, will also win FTSE 100 promotion for the first time next week.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
