Odum: Shell to concentrate on less-known U.S. shale plays

11/1/2011 | Reuters

Royal Dutch Shell is "very interested" in U.S. onshore shale formations, but would avoid more prominent areas and concentrate on less-developed plays, said Marvin Odum, president of the company's U.S. operations. Odum also expects TransCanada's Keystone XL pipeline to secure U.S. clearance despite opposition.

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