Associated Press – July 31, 2007 10:25 AM ET
HOUSTON (AP) – Marathon Oil has agreed to buy Western Oil Sands for $5.5 billion in cash and stock.
The deal announced today would give Houston-based Marathon a stake in Canada’s oil sands market.
As part of the deal, Western is required to spin off WesternZagros, its wholly-owned subsidiary with interests in Kurdistan.
The closing is expected in the fourth quarter of this year.
Marathon says the agreement will give it a 20% interest in the Athabasca Oil Sands Project in Alberta — currently held by Western Oil.
Shell Canada and Chevron Canada hold the remaining 60% and 20% stake, respectively.
Canada’s western region is home to vast reserves of sands rich in oil, bitumen-tar or other thick petrochemicals.
Copyright 2007 The Associated Press. All rights reserved.
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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.
