Wed Mar 5, 2008 10:54am EST
CALGARY, Alberta (Reuters) – Royal Dutch Shell Plc’s (RDSa.L: Quote, Profile, Research) Canadian unit is hunting for a partner willing to take a stake in an expensive exploration play off the coast of Newfoundland.
Shell Canada Energy is looking for a company willing to farm into its 20 percent stake in the Orphan Basin exploration play. Any successful bidder would pay drilling costs in return for an interest in the properties.
“We are simply looking to see if there are parties interested in sharing the cost and risks of our interest in the next Orphan well,” Jeff Mann, a spokesman for Shell, said on Wednesday.
Shell Canada, the Canadian arm of the European oil and gas major, holds the stake in a 21,250 square kilometer (8,205 square mile) block in the basin, 350 kilometers off the East coast of the Canadian province. Chevron Corp (CVX.N: Quote, Profile, Research) holds 50 percent, while Exxon Mobil Corp (XOM.N: Quote, Profile, Research) and Imperial Oil Ltd (IMO.TO: Quote, Profile, Research) each have 15 percent.
The partners have already drilled one well at the play at a cost that some reports have pegged at more than C$200 million ($202 million), while a second is expected to be drilled this year. Water depths in the region range from 1,500 meters to 3,000 meters (0.93 to 1.9 miles).
The Newfoundland government expects that the basin could yield fields containing more than 1 billion barrels of oil.
($1=$0.99 Canadian)
(Reporting by Scott Haggett; Editing by Peter Galloway)
http://www.reuters.com/article/OILINT/idUSN0560295720080305
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.
