Shell Found Gas Field in Malaysia and Australia

Shell had made material finds in Australia and Malaysia in the first half of the year, the company said on Thursday.

Chief Executive Jeroen van der Veer said the company had made the finds of gas at its Prelude and Persephone prospects off Australia's northwest coast and of oil and gas offshore northwest Sabah in Malaysia.

The CEO singled out Prelude, in the Browse basin, for particular mention.