Tue Jun 26, 2007 6:53 PM BST
CALGARY, Alberta, June 26 (Reuters) – Exxon Mobil Corp. (XOM.N: Quote, Profile , Research) and Royal Dutch Shell Plc (RDSa.L: Quote, Profile , Research) want to sell their combined 18 percent stake in the proposed C$700 million ($654 million) Deep Panuke gas project off Nova Scotia’s Atlantic coast, the broker handling the auction said on Tuesday.
Bids on Exxon Mobil’s 12 percent and Shell’s 6 percent of the long-delayed development are due Aug. 8, IndigoPool, the Houston-based acquisition and divestiture service, said in an email.
EnCana Corp. (ECA.TO: Quote, Profile , Research) is the operator of Deep Panuke, with a 78 percent interest. It restarted efforts to develop it last year after halting its application in 2003 over high costs.
A regulatory decision for the field, which would produce 300 million cubic feet a day by 2010, is expected over the next few months.
Located 250 km (155 miles) southeast of Halifax, Nova Scotia, it would be the region’s second producing gas development after the Sable project, which started up in 1999.
Exxon Mobil and Shell are partners in Sable and have been in talks with EnCana over the possibility of providing gas transport to shore.
The oil majors gained Deep Panuke interests after EnCana drilled on their acreage to determine the extent of the reserves following the 1998 discovery, EnCana spokesman Alan Boras said.
Boras declined to say if EnCana might be interested in biding for the Exxon Mobil and Shell stakes.
($1=$1.07 Canadian)
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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.
