February 1, 2018 / 7:42 AM / a year ago

BRIEF-Shell expects reserves replacement ratio to decline in 2017

Feb 1 (Reuters) - Royal Dutch Shell Plc:

* SHELL SAYS PROVED RESERVES REPLACEMENT RATIO ON AN SEC BASIS IS EXPECTED TO BE 27 PERCENT IN 2017, 78 PERCENT FOR THREE-YEAR AVERAGE

* SHELL SAYS EXPECTS 2017 TOTAL PROVED RESERVES ON AN SEC BASIS TO BE 12.2 BILLION BOE, REDUCED BY 1.4 BILLION BOE Further company coverage: (Reporting By Ron Bousso)

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