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Shell announces Utica gas discovery in Pennsylvania

03.09.2014  |  Globenewswire Europe
THE HAGUE (Sept. 3, 2014) - Shell today announced new discovery wells (Neal and
Gee) within the Utica formation in Tioga County, Pennsylvania, USA.  These wells
were drilled to a total measured depth of approximately 4,420 and 4,724 metres
(14,500 and 15,500 feet) with lateral lengths of 945 metres (3,100 feet) at Gee
and 1,280 metres (4,200 feet) at Neal, respectively.  These results are
comparable to the best publically announced thus far in the emerging Southeast
Ohio Utica dry gas play.

The Gee and Neal discovery wells extend the sweet spot of the Utica formation
beyond Southeast Ohio and Western Pennsylvania, where previous discoveries have
been located, and into an area where Shell holds a major leasehold position of
approximately 430,000 acres. The Gee well was drilled over 100 miles to the
northeast of the nearest horizontal Utica producer, and had an initial flowback
rate of 11.2 million cubic feet of natural gas per day. Gee has been on
production for nearly one year. Shell began production of the Neal well in
February, with observed peak flowback rates of 26.5 million cubic feet of
natural gas per day.

"This successful discovery is the result of solid technical work in our onshore
business" said Marvin Odum, Shell's Upstream Americas Director. "Last year, we
refocused our resources plays strategy to select fewer plays with specific scale
and economic characteristics to best suit our portfolio.  The Appalachian basin
is one of those areas, and these two high-pressure wells both exhibit
exceptional reservoir quality."

Shell is currently awaiting results from four additional Utica wells drilled in
Tioga County, and anticipates those wells will produce later this year.

ENQUIRIES:

Investor Relations

North America: +1 832 337 2034

International: +31 (0) 70 377 4540

Shell US Media Relations: +1 713 241 4544

Shell International Media Relations: +44 (0) 207 934 5550

Cautionary Note

The companies in which Royal Dutch Shell plc directly and indirectly owns
investments are separate entities. In this release "Shell", "Shell group" and
"Royal Dutch Shell" are sometimes used for convenience where references are made
to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words
"we", "us" and "our" are also used to refer to subsidiaries in general or to
those who work for them. These expressions are also used where no useful purpose
is served by identifying the particular company or companies. ''Subsidiaries'',
"Shell subsidiaries" and "Shell companies" as used in this release refer to
companies over which Royal Dutch Shell plc either directly or indirectly has
control. Companies over which Shell has joint control are generally referred to
"joint ventures" and companies over which Shell has significant influence but
neither control nor joint control are referred to as "associates". In this
release, joint ventures and associates may also be referred to as "equity-
accounted investments". The term "Shell interest" is used for convenience to
indicate the direct and/or indirect ownership interest held by Shell in a
venture, partnership or company, after exclusion of all third-party interest.

This release contains forward-looking statements concerning the financial
condition, results of operations and businesses of Royal Dutch Shell. All
statements other than statements of historical fact are, or may be deemed to be,
forward-looking statements. Forward-looking statements are statements of future
expectations that are based on management's current expectations and assumptions
and involve known and unknown risks and uncertainties that could cause actual
results, performance or events to differ materially from those expressed or
implied in these statements. Forward-looking statements include, among other
things, statements concerning the potential exposure of Royal Dutch Shell to
market risks and statements expressing management's expectations, beliefs,
estimates, forecasts, projections and assumptions. These forward-looking
statements are identified by their use of terms and phrases such as
''anticipate'', ''believe'', ''could'', ''estimate'', ''expect'', ''goals'',
''intend'', ''may'', ''objectives'', ''outlook'', ''plan'', ''probably'',
''project'', ''risks'', "schedule", ''seek'', ''should'', ''target'', ''will''
and similar terms and phrases. There are a number of factors that could affect
the future operations of Royal Dutch Shell and could cause those results to
differ materially from those expressed in the forward-looking statements
included in this release, including (without limitation): (a) price fluctuations
in crude oil and natural gas; (b) changes in demand for Shell's products; (c)
currency fluctuations; (d) drilling and production results; (e) reserves
estimates; (f) loss of market share and industry competition; (g) environmental
and physical risks; (h) risks associated with the identification of suitable
potential acquisition properties and targets, and successful negotiation and
completion of such transactions; (i) the risk of doing business in developing
countries and countries subject to international sanctions; (j) legislative,
fiscal and regulatory developments including regulatory measures addressing
climate change; (k) economic and financial market conditions in various
countries and regions; (l) political risks, including the risks of expropriation
and renegotiation of the terms of contracts with governmental entities, delays
or advancements in the approval of projects and delays in the reimbursement for
shared costs; and (m) changes in trading conditions. All forward-looking
statements contained in this release are expressly qualified in their entirety
by the cautionary statements contained or referred to in this section. Readers
should not place undue reliance on forward-looking statements. Additional risk
factors that may affect future results are contained in Royal Dutch Shell's 20-F
for the year ended December 31, 2013 (available at www.shell.com/investor and
www.sec.gov). These risk factors also expressly qualify all forward looking
statements contained in this release and should be considered by the reader.
Each forward-looking statement speaks only as of the date of this release, 3
September, 2014. Neither Royal Dutch Shell plc nor any of its subsidiaries
undertake any obligation to publicly update or revise any forward-looking
statement as a result of new information, future events or other information. In
light of these risks, results could differ materially from those stated, implied
or inferred from the forward-looking statements contained in this release.

We may have used certain terms, such as resources, in this release that United
States Securities and Exchange Commission (SEC) strictly prohibits us from
including in our filings with the SEC. U.S. Investors are urged to consider
closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC
website www.sec.gov. You can also obtain these forms from the SEC by calling
1-800-SEC-0330.








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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Shell via GlobeNewswire
[HUG#1853254]
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