DAVID EBNER
Royal Dutch Shell PLC’s bid for the part of Shell Canada Ltd. it does not own highlights the value of the oil sands, analysts say, but some question whether this could be the beginning of a flurry of deals.
Analyst Andrew Fairbanks of Merrill Lynch called the oil sands “very attractive” but said current oil prices around $50 (U.S.) a barrel don’t justify paying big bucks for assets in northern Alberta.
“We find it very challenging to make the acquisition economics work, particularly in a $50-a-barrel oil price context,” Mr. Fairbanks wrote in a report. He said he cannot justify investing in oil sands companies just on the basis that an acquirer will emerge. “We fail to see real value without using very high oil prices,” Mr. Fairbanks said.
Other analysts were much more bullish about the oil sands with the Royal Dutch offer for Shell. Royal Dutch owns 78 per cent of Shell Canada and is offering $45 (Canadian) a share or $8.7-billion for the rest, up from a bid in October of $40 or $7.7-billion.
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.
