Shell Suspending GoM Personnel Evacuations

Due to high confidence in the Hurricane Dean storm track over the next several days, we are suspending any further personnel evacuations at this time.

Shell operated production shut-in as a result of Hurricane Dean was approximately 39,000 barrels of oil per day and 97.5 million cubic feet of natural gas per day. No further production shut-ins are expected in regard to Dean and we will begin to bring production that was shut in due to long lead times back on line. Safety is at the forefront of all of our evacuation and redeployment decisions. We have sufficient resources and time available to resume evacuations, if needed, if Dean takes an unexpected turn. We will continue to monitor Dean closely.

We are also monitoring Tropical Disturbance #37 as it may potentially impact portions of the eastern Gulf of Mexico late this week into next week.

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Brent Crude Oil : $50.47/BBL 0.98%
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