Shell: China shale drilling results are encouraging

Shell: China shale drilling results are encouraging
Royal Dutch Shell said that results of its early drilling for shale gas in China have been encouraging and the European  oil company expects to make a profit on its venture in China. Shell signed the first production-sharing contract to explore, develop and produce shale gas in China in March 2012. The deal calls for Shell to apply its technology, operational expertise, and global experience to jointly develop shale gas with state-owned China National Petroleum Corp over a 3,500-sq-km area in the Sichuan Basin.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China? 

Futures and Options Risk Disclosure
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.