Replies to post #415 on Shell Plc (SHEL)

[eFinanceMarkets]

Shell opens treatment plant In Argentina's Vaca Muerta shale play

Royal Dutch Shell (RDS.A, RDS.B) says it has opened a treatment plant for shale oil and gas in Argentina's Vaca Muerta shale play.

Shell says the plant has the capacity to process up to 10K bbl/day from the Sierras Blancas, Cruz de Lorena and Coiron Amargo Sur Oeste blocks the company operates.

The plant is part of Shell's plan to invest $300M/year through 2020 in Argentina in exploration, refining, distribution and marketing.