Shell Canada strikes out in Shelburne basin


CALGARY, Alberta -- Shell Canada, operator of the Shelburne basin joint venture exploration project, has advised that the drilling of the first exploration well has been completed and is non-commercial.

The Shelburne basin deepwater exploration project is located approximately 250 km offshore, south of Halifax, Nova Scotia.

The joint venture participants are Shell Canada Limited (50%, operator), ConocoPhillips Canada East Coast Partnership (30%) and Suncor (20%).

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