Gulf of Mexico Success at Shell's Vicksburg "A" Well

             Gulf of Mexico Success at Shell's Vicksburg "A" Well

PR Newswire

HAGUE, The Netherlands, July 3, 2013

HAGUE, The Netherlands, July 3, 2013 /PRNewswire/ --

Shell (NYSE: RDS.A) (NYSE: RDS.B) today announces a successful exploratory
well at Vicksburg in the deepwater Gulf of Mexico. The well is located 75
miles (120 kilometers) offshore in the De Soto Canyon Block 393 in 7,446 feet
(2,269 meters) of water. It was drilled to a total depth of 26,385 feet (8,042
meters) and encountered more than 500 feet (152 meters) of net oil pay.

In total, the Vicksburg "A" discovery is estimated to hold potentially
recoverable resources of more than 100 million barrels of oil equivalent
(mmboe). It adds to the more than 500 mmboe of potentially recoverable
resources that have already been discovered and appraised at the nearby
Appomattox discovery. Vicksburg "A" is a separate accumulation from both
Appomattox and the 2007 Vicksburg "B" discovery. 

"The results of the Vicksburg well strengthen our existing deepwater Gulf of
Mexico exploration portfolio and should contribute to the nearby Appomattox
discovery," said Mark Shuster, Executive Vice President Shell Upstream
Americas Exploration. 

Shell (the operator with a 75% interest) and Nexen, a wholly-owned subsidiary
of CNOOC Limited, (25% interest), are following up the Vicksburg "A" well with
a sidetrack well to test the Corinth prospect, a separate fault block from the
Vicksburg discovery. Further exploration drilling targeting tie-backs to
Appomattox will follow.

Cautionary Note

The companies in which Royal Dutch Shell plc directly and indirectly owns
investments are separate entities. In this announcement "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 announcement 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 announcement, 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 (for example, through our 23% shareholding in Woodside Petroleum
Ltd.) ownership interest held by Shell in a venture, partnership or company,
after exclusion of all third-party interest.

This announcement 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
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These forward-looking statements are identified by their use of terms and
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"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 announcement, 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
announcement 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, 2012 (available at and ). These risk factors also expressly qualify all forward
looking statements contained in this announcement and should be considered by
the reader. Each forward-looking statement speaks only as of the date of this
announcement, 3 July 2013. 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 announcement.

We may have used certain terms, such as resources, in this announcement 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 You can also obtain these forms from
the SEC by calling 1-800-SEC-0330.


Shell Media Relations:
International, +44-207-934-5550
Americas, +1-713-241-4544

Shell Investor Relations:
International +31-70-377-4540
North America, +1-713-241-1042

SOURCE Royal Dutch Shell plc
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