Bloomberg.com
By Ben Sharples
Aug. 26 (Bloomberg) — Arrow Energy Ltd., Royal Dutch Shell Plcs Australian partner in coal-seam gas production, will spend A$300 million ($251 million) drilling wells to supply gas to two planned liquefied natural gas plants in Queensland.
The work is scheduled for the next 18 months, Chief Executive Nick Davies said. With multiple LNG trains planned, reserve certification is key to success for us, he said on an earnings conference call today. Full-year net income jumped more almost 10-fold to A$366.9 million after the sale of stakes in fields to Shell, Arrow said.
Brisbane-based Arrow will supply the Fishermans Landing and Shells Curtis Island LNG projects at Gladstone in central Queensland state. They are among five ventures planning to tap gas extracted from coal seams for conversion to liquid form and export to Asia. Australias coal-seam gas industry attracted about A$22 billion in investment last year.
A final investment decision on Fishermans Landing is expected in the first quarter of 2010, Arrow said. The venture, in which Arrow has an option to participate, will have capacity to produce 1.5 million tons of the fuel a year and is being developed by Liquefied Natural Gas Ltd.
Shell, Europes biggest oil company, made a A$3 billion ($2.5 billion) offer for Arrow, with talks ending in a stalemate, Londons Sunday Telegraph reported this month. Arrow said Aug. 13 it had held talks with parties about its coal-seam gas assets that included discussions about a change of control, without receiving a takeover offer.
Shell owns 30 percent of Arrows Australian acreage and a 10 percent stake in Arrows international unit.
To contact the reporter on this story: Ben Sharples in Melbourne at [email protected]
Last Updated: August 26, 2009 02:56 EDT
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.
