Shell close to drilling for oil off Alaska coast after spending $4.5 billion

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wwltv.com

Posted on July 20, 2012 at 3:01 PM

Royal Dutch Shell has spent $4.5 billion exploring for oil off of Alaska’s arctic coast. And now, according to the Washington Post, the company is nearly there.

The Post says the company is close to “drilling a well in the pristine Chukchi Sea” in search of what could be a huge reservoir.

For the whole story, click over to the Washington Post.
 

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