Gasification Technologies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gasification Technologies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dennis Roth who wrote (495)	2/1/2007 8:20:56 AM
From: Dennis Roth	Read Replies (1) of 1740

SEC lets Shell add Qatar gas to proven reserves Thu Feb 1, 2007 7:10am ET today.reuters.com LONDON, Feb. 1 (Reuters) - Royal Dutch Shell (RDSa.L: Quote, Profile , Research) said on Thursday it had received regulatory clearance to add gas from a multibillion-dollar project in Qatar to its proven reserves, a boost to the company's efforts to rebuild its holdings. It has been unclear since 2004 if the U.S. Securities and Exchange Commission would allow Shell to include as proven the reserves from Pearl, its so-called gas to liquids (GTL) venture in Qatar to convert gas into fuels. "The SEC has given approval to book GTL on a proven reserve basis," Shell spokesman Andy Corrigan said. Shell rattled investors in 2004 by saying it had overstated the size of its proven reserves for years and in the same year said resources at Pearl may not count as proven under SEC rules.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next