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At least Shell would get to drill something.
FORBES: In Texas parlance, it's a classic case of all hat, no cattle.
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Shell is confident it can drill the wells safely, and would certainly increase its diligence given recent events.
FORBES: Obama Ban Keeps Alaska Oil Off Limits For Shell
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The incidents sharpened concerns about Shell's plans to drill in the Arctic, both among environmentalists and in native Alaskan communities.
CNN: Shell halts Arctic drill plans for 2013
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The Shell fleet's 14, 000-ton drill ship in Alaska, the Discoverer, slipped anchor two weeks ago.
CNN: Shell Oil's multibillion dollar Arctic hoax
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In mid-July Shell began the first of seven wildcat wells it will drill this year in the Kingdom's Rub al-Khali, a desert known as the Empty Quarter (a name Van der Veer hopes is merely metaphorical).
FORBES: Companies, People, Ideas
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Kneeling close, you could see how deceptively alive the shell-y mud was: It harbored whole scuttling ecologies of oyster-drill snails, tiny shrimp and crabs, and floating egg cases.
FORBES: The American Oyster Paradise
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Whoever was spinning the drill bits and selecting the spots at which to sink them, Shell wasn't developing new oil and gas fields fast enough to replace what it pumped out.
FORBES: Shell Shocked
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He also noted that Shell is awaiting word on licenses from the U.S. government before deciding whether it will resume attempts to drill offshore in the Arctic circle off the shore of Alaska in 2014, something that is opposed by environmental groups.
NPR: Shell CEO Voser To Retire In 2014