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ROYAL DUTCH SHELL PLC - Shell Canada acquires BlackRock Ventures.

Shell Canada Acquires 92.8% of BlackRock Ventures and extends offer to June 27,
2006

Royal Dutch Shell plc today welcomed the below announcement by Shell Canada
that it has acquired 92.8% of BlackRock Ventures and extends offer to June 27,
2006.

Calgary, Alberta - Shell Canada Limited (TSX:SHC) announced today that as of 1:
01 a.m. on June 16, 2006, approximately 99,778,511 common shares of BlackRock
Ventures Inc. (TSX:BVI) have been validly deposited to the offer by BR Oil
Sands Corporation, a wholly-owned subsidiary of Shell Canada, to acquire all of
the common shares of BlackRock (including common shares issuable upon the
exercise or surrender of any options or conversion of any convertible
debentures). BR Oil Sands Corporation has taken up all such shares, which
represent approximately 92.8% of the common shares of BlackRock on a
fully-diluted basis, and will pay for such shares on June 21, 2006.

As a result of today's announcement, Shell Canada, through its wholly-owned
subsidiary BR Oil Sands Corporation, has now declared its offer to acquire the
common shares of BlackRock to be wholly unconditional.

BR Oil Sands Corporation has also extended its offer until 1:01 a.m. (Calgary
time) on June 27, 2006 to allow BlackRock shareholders an additional
opportunity to tender their shares, including shares issuable on the conversion
of the convertible debentures, to its offer. A notice of extension will be
mailed to BlackRock shareholders in the coming days.

Upon completion of a compulsory acquisition or subsequent acquisition
transaction, BR Oil Sands Corporation intends to de-list the BlackRock shares
from the Toronto Stock Exchange and cause BlackRock to apply to securities
regulatory authorities to cease to be a reporting issuer. Shareholders are
encouraged to tender their remaining BlackRock common shares, including shares
issuable on the conversion of the convertible debentures, to the offer as soon
as possible, and in any event prior to June 27, 2006, to receive prompt
payment.

Shell Canada Limited

Shell Canada is a large Canadian integrated petroleum company with three major
businesses. Exploration & Production explores for, produces and markets natural
gas and natural gas liquids. Oil Sands is responsible for an integrated bitumen
mining and upgrading operation in the Athabasca area of Alberta and the
company's Peace River in situ bitumen business. Oil Products manufactures,
distributes and markets refined petroleum products across Canada.

BlackRock Ventures Inc.

BlackRock Ventures is an oil sands producer with operations located exclusively
in Canada. Current operations are located in three heavy-oil regions: the Peace
River oil sands, the Cold Lake oil sands and the Lloydminster area.

Legal Notices

This release does not constitute an offer to purchase or a solicitation of an
offer to sell securities.

BlackRock shareholders are advised to review the notice of extension and any
other relevant documents filed with the Canadian securities regulatory
authorities because they will contain important information. Materials will be
mailed to BlackRock shareholders at no expense to them. In addition, investors
will be able to obtain the documents free of charge through the System for
Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com or by
contacting Shell Canada's Secretary at corporatesecretary@shell.com or
facsimile (403)-691-3194.

Cautionary Note for Shell Canada Limited

This document contains "forward-looking statements" based upon management's
assessment of the Company's future plans and operations. These forward-looking
statements include references to the Company's plans for growth and expected
production levels. Readers are cautioned not to place undue reliance on
forward-looking statements. Although the Company believes that the expectations
represented by such forward-looking statements are reasonable based on the
information available to it on the date of this document, there can be no
assurance that such expectations will prove to be correct. Forward-looking
statements involve numerous known and unknown risks and uncertainties that
could cause actual results to differ materially from those anticipated by the
Company. These risks and uncertainties include, but are not limited to, the
risks of the oil and gas industry (including operating conditions and costs),
market competition, demand for oil, gas and related products, disruptions in
supply, project schedules and execution, labour availability, material and
equipment shortages, the uncertainties involving geology of oil and gas
deposits, the uncertainty of reserves estimates, fluctuations in oil and gas
prices and foreign currency exchange rates, general economic conditions,
commercial negotiations, changes in law or government policy, and other
factors, many of which are beyond the control of the Company. The
forward-looking statements contained in this document are made as of the date
of this document and the Company does not undertake any obligation to update
publicly or revise any of the forward-looking statements contained in this
document, whether as a result of new information, future events or otherwise,
except as required by law. The forward-looking statements contained in this
document are expressly qualified by this cautionary note.

Cautionary Note for Royal Dutch Shell plc

This document contains forward-looking statements concerning the financial
condition, results of operations and businesses of Royal Dutch Shell plc. All
statements other than statements of historical fact are, or may be deemed to
be, forward-looking statements. Forward-looking statements are statements of
future expectations that are based on management's current expectations and
assumptions and involve known and unknown risks and uncertainties that could
cause actual results, performance or events to differ materially from those
expressed or implied in these statements. Forward-looking statements include,
among other things, statements concerning the potential exposure of Royal Dutch
Shell to market risks and statements expressing management's expectations,
beliefs, estimates, forecasts, projections and assumptions. These
forward-looking statements are identified by their use of terms and phrases
such as ``anticipate'', ``believe'', ``could'', ``estimate'', ``expect'',
``intend'', ``may'', ``plan'', ``objectives'', ``outlook'', ``probably'',
``project'', ``will'', ``seek'', ``target'', ``risks'', ``goals'', ``should''
and similar terms and phrases. There are a number of factors that could affect
the future operations of Royal Dutch Shell and could cause those results to
differ materially from those expressed in the forward-looking statements
included in this Report, including (without limitation): (a) price fluctuations
in crude oil and natural gas; (b) changes in demand for the Group's products;
(c) currency fluctuations; (d) drilling and production results; (e) reserve
estimates; (f) loss of market and industry competition; (g) environmental and
physical risks; (h) risks associated with the identification of suitable
potential acquisition properties and targets, and successful negotiation and
completion of such transactions; (i) the risk of doing business in developing
countries and countries subject to international sanctions; (j) legislative,
fiscal and regulatory developments including potential litigation and
regulatory effects arising from recategorisation of reserves; (k) economic and
financial market conditions in various countries and regions; (l) political
risks, project delay or advancement, approvals and cost estimates; and (m)
changes in trading conditions. All forward-looking statements contained in this
document are expressly qualified in their entirety by the cautionary statements
contained or referred to in this section. Readers should not place undue
reliance on forward-looking statements. Each forward-looking statement speaks
only as of the date of this document. Neither Royal Dutch Shell nor any of its
subsidiaries undertake any obligation to publicly update or revise any
forward-looking statement as a result of new information, future events or
other information. In light of these risks, results could differ materially
from those stated, implied or inferred from the forward-looking statements
contained in this document.

Please refer to the Royal Dutch Shell plc's Annual Report on Form 20-F for the
year ended December 31, 2005 for a description of certain important factors,
risks and uncertainties that may affect the Company's businesses.

For more information, contact:

Shell Canada Limited:

Investor Inquiries:

Ken Lawrence, Manager, Investor Relations

+1 403 691-2175

Media Inquiries:

Janet Rowley, General Manager, Public Affairs

+1 403 691-3899

Web site: shell.ca

Royal Dutch Shell plc:

Investor Inquiries:

UK: Gerard Paulides +44 20 7934 6287

Continental Europe: Tjerk Huysinga +31 70 377 3996

USA: Harold Hatchett: +1 212 218 3112

Media Inquiries:

UK and International: +44 20 7934 6238/5963/3453/4323/2713

The Netherlands: +31 70 377 8750



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Publication:PR Newswire UK Disclose
Date:Jun 16, 2006
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