![]() ![]() Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptionsĪnd 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. All statements other than statements of historical factĪre, or may be deemed to be, forward-looking statements. This release contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. ![]() The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third. Entities over which Shell has significant influence but neither control nor joint control are referred to as Entities and unincorporated arrangements over which Shell has jointĬontrol are generally referred to as “joint ventures” and “joint operations” respectively. ‘‘Subsidiaries’’, “Shell subsidiaries” and “ShellĬompanies” as used in this release refer to companies over which Royal Dutch Shell plc either directly or indirectly has control. These expressions are also used where no useful purpose is served by identifying the particular company or companies. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to In this release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes usedįor convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. A reconciliation can be found in the quarterly results announcement. Underlying operating cost is defined as operating cost less identified items. Shales: Our use of the term ‘shales’ refers to tight, shale and coal bed methane oil and gas acreage. ![]() Organic: Our use of the term Organic includes SEC proved oil and gas reserves excluding changes resulting from acquisitions, divestments and year-average pricing impact. Petroleum Engineers (SPE) 2P + 2C definitions.ĭiscovered and prospective resources: Our use of the term “discovered and prospective resources” are consistent with SPE 2P + 2C + 2U definitions. Resources are consistent with the Society of Resources: Our use of the term “resources” in this presentation includes quantities of oil and gas not yet classified as SEC proved oil and gas reserves. Reserves: Our use of the term “reserves” in this presentation means SEC proved oil and gas reserves. Eurasian Natural Gas Infrastructure - 3rd Annual Conference ![]()
0 Comments
Leave a Reply. |