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Shell Makes A Big Bet On Deepwater, The Norphlet

Jun. 5, 2018 1:09 AM ET

Summary

  • Shell has made a huge bet on a deeply buried resource in the Gulf of Mexico.
  • In this article we explain, why they continue to spend billions of dollars in Deepwater, when other companies have abandoned it.
  • We also provide a range where we would consider adding to our Shell position.

FULL ARTICLE

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