April 4 (Bloomberg) — Shares in Nexus Energy Ltd. jumped to their highest for five weeks after the Australian oil and gas explorer said it found more natural gas than expected at a well on the Crux field off northwestern Australia.
Shares in the Melbourne-based company gained as much as 12 cents, or 14 percent, to 98 cents on the Australian Stock Exchange. They were at 96.5 cents at 12:19 p.m. Sydney time.
Nexus is drilling appraisal wells at the Crux field to help better define the amount of gas and condensates it holds before deciding how to develop the project. The Crux-2 ST1 well found gas over a depth of 158 meters, including 102 meters area that is expected to be economic, and the field is now expected to hold enough condensates to underpin development, Nexus said.
“These results are a significant step forward for the Crux liquids project,” Managing Director Ian Tchacos said in the statement. “Our goal is to secure an investment decision for this significant project in early 2008 with a view to first production in 2010.”
Nexus in August completed an agreement to sell gas from Crux to a Royal Dutch Shell Plc unit.
To contact the reporter on this story: Angela Macdonald-Smith in Sydney at [email protected] .
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.
