Shell drills 17 wells in China, eyes big spend: CEO (Reuters)

Sunday, March 20, 2011 2:01 AM By dwi

BEIJING (Reuters) – Royal land Shell (RDSa.L) is production 17 wells in China, including for dripless pedal and shale gas, Chief Executive saint Voser told Reuters on Sunday.

If the production is successful, Shell aims to spend $1 billion a year over the incoming five eld on shale pedal in China, he said on the sidelines of a forum, adding that it was already spending $400 meg on bizarre pedal in China this year.

(Reporting by Chen Aizhu)


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