Shell announces Gabon deep-water gas discovery

The Hague, 22 October 2014. Shell today announced a frontier exploration
discovery offshore Gabon, West Africa. The well Leopard-1 encountered a
substantial gas column with around 200 metres net gas pay in a pre-salt
reservoir.

Leopard-1 is located around 145 kilometres off the Gabonese coast, west of
Gamba. It was drilled in water 2,110 metres deep to a total vertical depth of
5,063 metres. Shell and partners are planning to undertake an appraisal
programme to further determine the resource volumes.

"Shell has been exploring in Gabon for over 50 years. This latest deep water
discovery is a testament to the innovation of our explorers in pursuing new
plays, and application of our global sub-surface expertise," said Andy Brown,
Shell Upstream International Director. "We are proud to be sharing this success
with CNOOC Limited, our partner in the licence."

Leopard-1 was drilled in license BCD10, operated by Shell (75%). Second partner
in the venture is CNOOC Limited (25%).

This frontier discovery follows recent deep water exploration successes in the
heartlands for Shell Exploration in the Gulf of Mexico and Malaysia.


Note to editors
Frontier is one of the themes that Shell distinguishes in its exploration
portfolio which covers under explored basins.
Pre-salt means that the target reservoir is situated below a layer of salt
which is a very good seal for hydrocarbons.


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North America: +1 832 337 2034


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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-party interest.

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