10/7/2010

Royal Dutch Shell will only seek to drill a well in Alaska's Beaufort Sea and has shelved plans to explore prospects in the Chukchi Sea. It would be unreasonable to pursue drilling in Chukchi because of pending lease-validity cases, said Pete Slaiby, the company's vice president for Alaska. "We've got, I think, clearer sailing in the Beaufort Sea," he said.

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