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SHELL CANADA ANNOUNCES COST REDUCTION

 CALGARY, Alberta, Aug. 20 /PRNewswire/ -- Shell Canada announced today that the company has initiated plans to improve cash income before tax by approximately $250 million by 1995. The business units are currently identifying cost reduction initiatives and areas of revenue enhancement to reach this objective, which will address operations and projects throughout the company.
 -0- 8/20/93
 /CONTACT: Tony Mitchell, manager, investor relations of Shell Canada, 403-691-2175/
 (SHC.)


CO: Shell Canada Ltd. ST: Alberta IN: OIL SU:

JB-BP -- LA018 -- 8725 08/20/93 16:19 EDT
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Publication:PR Newswire
Date:Aug 20, 1993
Words:87
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