AFX Europe (Focus): Malaysia’s Petronas-Shell jv makes new gas discovery
Sep 07, 2004
KUALA LUMPUR (AFX) – CS Mutiara Petroleum, a Petronas-Shell joint venture, has discovered gas in Block PM301, off the coast of Peninsular Malaysia, according to a statement issued by the company.
The Bunga Zetung-1 well, initially drilled on July 9, reached a depth of 1,876 meters and encountered four gas zones, with estimated recoverable reserves of 0.2 trln standard cubic feet, it added. The gas discovery will be subject to further technical evaluation.
Bunga Zetung-1 is the second successive discovery in Block PM301, following the success of the Bunga Karnelia gas discovery in Nov 2003.
The latest discovery is located 20 kilometers southeast of the Bunga Kamelia gas field.
CS Mutiara Petroleum has near-term plans to pursue drilling at a number of nearby exploration prospects in the block, as part of its exploration and appraisal campaign, prior to developing these gas fields.
CS Mutiara Petroleum was formed in July 2001 and operates Blocks PM301 and PM302, off the northeast coast of Peninsular Malaysia.
(1 usd = 3.8 rgt)
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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.
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