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DewDiligence

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DewDiligence

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Re: DewDiligence post# 4233

Wednesday, 09/12/2012 10:36:37 AM

Wednesday, September 12, 2012 10:36:37 AM

Post# of 30493
Shell acquires Texas acreage from CHK for $1.94B:

http://finance.yahoo.com/news/rds-acquires-liquids-rich-shale-112400412.html

This announcement supports Shell's strategy of further building an industry-leading liquids-rich shale resource… The acquisition covers 618,000 net acres in the Permian Basin in West Texas that currently produces some 26,000 barrels of oil equivalent per day and has significant growth potential. Please refer to http://www.shell.com/investor for the map of the acreage.

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