Eni S.p.A. (ADR) (NYSE:E), TOTAL S.A. (ADR) (NYSE:TOT), Royal Dutch Shell plc (ADR) (NYSE:RDS.A), Royal Quantum Group, Inc. PINK:RYQG

Eni S.p.A. (ADR) (NYSE:E)

Eni SpA (Eni) is engaged in the oil and gas exploration and production, gas marketing operations, management of gas infrastructures, power generation, petrochemicals, oil field services and engineering industries. Eni has operations in 79 countries as of December 31, 2010. The Company segments include Exploration & Production, Gas & Power, Refining & Marketing, Engineering & Construction, Petrochemicals and other activities. In November 2010, Eni and the Venezuelan State Company PDVSA established a joint venture in charge of developing the Junin 5 oil field, located in the Orinoco Oil Belt. In April 2010, Eni sold to Libyan National Oil Corp (NOC) a 25% interest and the control of GreenStream BV, the Company owning and managing the gas pipeline for importing to Italy natural gas produced in Libya. In December 2010, Eni acquired Minsk Energy Resources which operates three exploration licenses in the Polish Baltic Basin. In December 2010, Eni acquired a controlling interest in Altergaz. In January 2010, Eni finalized an acquisition of downstream activities in Austria, including a retail network, wholesale activities, as well as commercial assets in the aviation business and related logistic and storage activities.

Exploration & Production segment

Eni’s Exploration & Production segment engages in oil and natural gas exploration and field development and production, as well as liquefied natural gas (LNG) operations in 43 countries, including Italy, the United Kingdom, Norway, Libya, Egypt, Angola, Nigeria, Congo, the United States of America, Kazakhstan, Iraq, Russia, Venezuela and Australia. In 2010, Eni produced 1,757 thousand barrel of oil equivalent per day on an available for-sale basis. As of December 31, 2010, Eni’s total proved reserves of subsidiaries stood at 6,332 million barrel of oil equivalent. Proved undeveloped reserves as of December 31, 2010, totaled 2,821 million barrel of oil equivalent. During the year ended December 31, 2010, a total of 47 new exploratory wells were drilled (23.8 of which represented Eni’s share), which includes drilled exploratory wells that have been suspended pending further evaluation. In 2010, a total of 399 development wells were drilled. As of December 31, 2010, Eni’s mineral right portfolio consisted of 1,176 exclusive or shared rights for exploration and development in 43 countries on five continents for a total acreage of 320,961 square kilometers net to Eni of which developed acreage was 41,386 square kilometers and undeveloped acreage was 279,575 square kilometers.

Eni is the operator of the Val d’Agri concession (Eni’s interest 60.77%) in the Basilicata Region in Southern Italy. Eni is the operator of 15 production concessions onshore and offshore in Sicily. The producing gas fields are Annamaria B (start-up in 2010, as disclosed above), Ivana, Ika & Ida, Marica and Katarina are operated by Eni through a 50/50 joint operating company with the Croatian oil company INA. Eni holds interests in six production areas in the Norwegian Sea. In 2010, production was started-up at the Morvin field (Eni’s interest 30%) as three wells of the development program were put into production. Eni holds interests in four production licenses in the Norwegian section of the North Sea.

In 2010, Eni’s oil and gas production averaged 74 thousand barrel of oil equivalent per day. Operating activities are located in the Bir Rebaa area in the South-Eastern Desert and include exploration and production blocks, which include Blocks 403a/d (Eni’s interest up to 100%); Blocks 401a/402a Eni’s interest 55%); Blocks 403 (Eni’s interest 50%) and 404a (Eni’s interest 12.25%); Blocks 208 (Eni’s interest 12.25%) and 405b (Eni’s interest 75%) with ongoing development activities; Block 212 (Eni’s interest 22.38%) with discoveries already made, and Blocks 316b, 319a and 321a (Eni operator with a 100% interest) in the Kerzaz area with ongoing exploration activities.

In Libya, during 2010, Eni’s oil and gas production averaged 267 thousand barrel of oil equivalent per day. Onshore contract areas are Area A consisting in the former concession 82 (Eni’s interest 50%); Area B, former concessions 100 (Bu Attifel field) and the NC 125 Block (Eni’s interest 50%); Area E with El Feel (Elephant) field (Eni’s interest 33.3%), and Area F with Block 118 (Eni’s interest 50%). Offshore contract areas are Area C with the Bouri oil field (Eni’s interest 50%), and Area D with Blocks NC 41 and NC 169 (onshore) that feed the Western Libyan Gas Project (Eni’s interest 50%).

Eni’s main operated oil producing interests in Congo are the Zatchi (Eni’s interest 65%) and Loango (Eni’s interest 50%), Ikalou (Eni’s interest 100%), Djambala, Foukanda and Mwafi (Eni’s interest 65%), Kitina (Eni’s interest 35.75%), Awa Paloukou (Eni’s interest 90%), M’Boundi (Eni’s interest 83%) and Kouakouala (Eni’s interest 75%) fields. Eni holds a 16.81% working interest in the NCSPSA. In 2010, production of the Karachaganak field averaged 228 thousand barrels per day of liquids (65 net to Eni) and 812 mmCF/d of natural gas (221 net to Eni).

Gas & Power segment

Eni’s Gas & Power segment engages in supply, trading and marketing of gas and electricity, managing gas infrastructures for transport, distribution, storage, re-gasification, and LNG supply and marketing. This segment also includes the activity of power generation that is ancillary to the marketing of electricity. In 2010, Eni’s worldwide sales of natural gas amounted to 97.06 billion cubic meters, including 5.65 billion cubic meters of gas sales made directly by the Eni’s Exploration & Production segment in Europe and the United States of America. Sales in Italy amounted to 34.29 billion cubic meters, while sales in European markets were 54.52 billion cubic meters that included 8.44 billion cubic meters of gas sold to certain importers to Italy.Through Snam Rete Gas, Eni operates an Italian network of high and medium pressure pipelines for natural gas transport that is approximately 31,600-kilometer long, while outside Italy, Eni holds capacity entitlements on a network of European pipelines extending for approximately 4,400 kilometers made up of high pressure pipelines to import gas from Russia, Algeria, Libya and Northern European production basins to European markets. Snam Rete Gas, through its 100%-owned subsidiary Italgas and other subsidiaries, is engaged in natural gas distribution activity in Italy serving 1,330 municipalities through a low pressure network consisting of approximately 50,307 kilometers of pipelines as of December 31, 2010. Snam Rete Gas, through its wholly owned subsidiary Stoccaggi Gas Italia operates in natural gas storage activities in Italy through eight storage fields. Eni produces power and steam at its operated sites of Livorno, Taranto, Mantova, Ravenna, Brindisi, Ferrera Erbognone, Ferrara and Bolgiano with a total installed capacity of 5.3 gigawatts as of December 31, 2010. In 2010, sales of power totaled 39.54 terawatthour.

Eni operates a re-gasification terminal in Italy and holds indirect interest or capacity entitlements in a number of LNG facilities in Europe, Egypt and the United States of America. Though its subsidiary Distrigas, Eni increased its development opportunities in the LNG business with access to new supply sources mainly from Qatar, under a 20-year agreement with RasGas (owned by Qatar Petroleum with a 70% interest and ExxonMobil with a 30% interest) and the Zeebrugge LNG terminal on the Western coast of Belgium. Eni, through its interest in Union Fenosa Gas, owns a 40% interest in the Damietta liquefaction plant with a capacity of approximately five million tons per year of LNG, which equates to a feedstock of 7.56 billion cubic meters per year in natural gas, out of which the Gas & Power segment interest is up to 2.2 billion cubic meters per year to be marketed in Europe. Eni through Union Fenosa Gas holds a 21.25% interest in the Sagunto re-gasification plant, near Valencia, with a capacity of 8.8 billion cubic meters per year and a LNG storage capacity of 450,000 cubic meters.

Refining & Marketing segment

Eni’s Refining & Marketing segment engages in crude oil supply, refining and marketing of petroleum products mainly in Italy and in the rest of Europe, as well as crude oil and trading and shipping products. In 2010, processed volumes of crude oil and other feedstock amounted to 34.80 million tons and sales of refined products were 46.80 mmtonnes, of which 27.01 million tons were in Italy. Retail sales of refined product at operated service stations amounted to 11.73 million tons, including Italy and the rest of Europe. As of December 31, 2010, Eni’s refining system had total refinery capacity (balanced with conversion capacity) of approximately 37.8 million tons (equal to 757 thousand barrels per day).

In Germany, Eni holds an 8.3% interest in the Schwedt refinery and a 20% interest in Bayernoil, an integrated pole that included Vohburg and Neustadt refineries. Eni’s refining capacity in Germany amounts to approximately 60 thousand barrels per day mainly used to supply Eni’s distribution network in Bavaria and Eastern Germany. In addition, through its 33.34% interest in Galp, Eni participates two refineries in Portugal: a small one in Porto specialized in the manufacture of lubricant bases and a larger and more complex refinery in Sines integrated with petrochemicals production. In 2010, 463 service stations in Italy. At December 31, 2010, Eni’s retail network in Italy consisted of 4,542 service stations. At December 31, 2010, Eni’s retail network in the rest of Europe consisted of 1,625 units.

Engineering & Construction

Eni engages in oil field services, construction and engineering activities through its partially-owned subsidiary Saipem and subsidiaries of Saipem (Eni’s interest being 42.92%). Saipem provides a full range of engineering, drilling and construction services to the oil and gas industry and downstream refining and petrochemicals sectors, mainly in the field of performing large EPC (Engineering, Procurement and Construction) contracts offshore and onshore for the construction and installation of fixed platforms, subsea pipelaying and floating production systems and onshore industrial complexes.

Saipem’s offshore construction fleet is made up 33 vessels and a large number of robotized vehicles. Its vessels include the Saipem 7000 semisubmersible dynamic positioned vessel, with 14 thousand tons of lift capacity, capable to lay pipelines using the J-lay technique to the maximum depth of 3,000 meters; the Field Development Ship for the development of underwater fields in dynamic positioning, provided with cranes lifting up to 600 tons and a system for J-lay pipelaying to a depth of 2,000 meters; the Castoro six semisubmersible vessel, capable of laying pipes in waters up to 1,000 meters deep; the Saipem 3000 multifunction vessel for the development of hydrocarbon fields, able to lay rigid and flexible pipes and provided with cranes capable of lifting over two thousand tons, and the Semac semisubmersible vessel used for large diameter underwater pipelaying. The fleet also includes remotely operated vehicles (ROV).

Saipem operates in the construction of plants for hydrocarbon production (extraction, separation, stabilization, collection of hydrocarbons, water injection) and treatment (removal and recovery of sulfur dioxide and carbon dioxide, fractioning of gaseous liquids, recovery of condensates) and in the installation of large onshore transport systems (pipelines, compression stations, terminals). Saipem is the only engineering and construction contractor that provides both offshore and onshore drilling services to oil companies. In the offshore drilling segment, Saipem mainly operates in West Africa, the North Sea, the Mediterranean Sea and the Middle East.

Saipem’s offshore drilling fleet consists of 15 vessels fully-equipped for its primary operations and some drilling plants installed on board of fixed offshore platforms. Its major vessels are: the Saipem 12000 and Saipem 10000, designed to explore and develop hydrocarbon reservoir operating in excess of 3,600 and 3,000 meters water depth, respectively in full dynamic positioning. In 2010 those vessels operated in West Africa and Far East. Other relevant vessels are Scarabeo 5 and 7, third and fourth generation semisubmersible rigs able to operate at depths of 1,900 and 1,500 meters of water, respectively.

Saipem operates in this area as a main contractor for the international oil companies and NOCs executing its activity mainly in South America, Saudi Arabia, North Africa and, at a lower extent, in Europe. The 86 rigs owned by Saipem at year end were located as 28 in Venezuela, 19 in Peru, eight in Saudi Arabia, seven in Algeria, six in Colombia, four in Italy, three in Kazakhstan, three in Brazil, three in Ecuador, two in Ukraine, two in Congo and one Bolivia. Saipem also used rigs owned by third parties (six in Peru and two in Kazakhstan), as well as rigs owned by the joint company Saipar.

Petrochemical

Eni operates in the businesses of olefins and aromatics, basic and intermediate products, polystyrene, elastomers and polyethylene. Its major production sites are located in Italy and Western Europe. Eni’s petrochemical activities include production of olefins and aromatics, basic intermediate products, polyethylene, polystyrenes, and elastomers. Eni’s petrochemical operations are concentrated in Italy and Western Europe. In 2010, Eni sold 6.1 million tonnes of petrochemical products.

	Company	Industry	Sector	S&P 500
Quick Ratio (MRQ)	0.90	0.62	0.76	0.71
Current Ratio (MRQ)	1.09	1.04	1.02	1.03
LT Debt to Equity (MRQ)	40.22	14.83	14.33	136.36
Total Debt to Equity (MRQ)	52.07	19.24	19.20	182.15
Interest Coverage (TTM)	–	6.59	2.96	18.10

TOTAL S.A. (ADR) (NYSE:TOT)

TOTAL S.A. (TOTAL), together with its subsidiaries and affiliates worldwide, is an integrated international oil and gas company. With operations in more than 130 countries, TOTAL engages in all aspects of the petroleum industry, including Upstream operations: oil and gas exploration, development and production, liquefied natural gas (LNG) and Downstream operations (refining, marketing and the trading and shipping of crude oil and petroleum products). It also produces base chemicals (petrochemicals and fertilizers) and specialty chemicals for the industrial and consumer markets. In addition, TOTAL has interests in the coal mining and power generation sectors, as well as a financial interest in Sanofi-Aventis. It is also active in solar-photovoltaic power, both in Upstream and Downstream activities. TOTAL’s worldwide operations are conducted through four business segments: Upstream, Downstream, Corporate and Chemicals. In April 2010, Jarden Corporation acquired the Mapa Spontex Baby Care and Home Care businesses of the Company. In April 2010, the Company announced that it held 100% interest in Elf Aquitaine.

In August 2008, Total E&P Canada Ltd. (Total Canada), a wholly owned subsidiary of TOTAL, had taken up approximately 94% interest in Synenco Energy Inc. In May 2008, TOTAL acquired a 50% participation in two offshore permits in the Vulcan basin, in partnership with Apache Corporation (operator, 50%), and a 100% interest in one permit in the Browse basin, north of Ichthys. The two permits AC/P 42 and AC/P 43 in the Vulcan basin cover 1,925 and 1,465 square kilometers, respectively. License WA-408P, wholly owned by Total S.A., covers 1,694 square kilometers and is located 45 kilometers north of Ichthys, in water depths ranging from 300 to 400 meters. In May 2008, TOTAL S.A. announced that its wholly owned subsidiary, Total E&P Malaysia, has signed a production sharing contract with national oil company Petronas. The contract covers Blocks PM303 and PM324, located around 100 kilometers offshore Peninsular Malaysia in 50 to 80 meters of water depth. Total E&P Malaysia will hold a 70% interest in and operate each block, alongside partner Petronas Carigali.

Upstream

The Company’s Upstream segment includes Exploration & Production, and Gas & Power divisions. The Company has exploration and production activities in more than 40 countries and produces oil or gas in 30 countries. Its Gas & Power division conducts activities downstream from production related to natural gas, LNG and liquefied petroleum gas (LPG), as well as power generation and trading, and other activities. As of December 31, 2008, TOTAL’s combined proved reserves of crude oil and natural gas were 10,458 thousands of barrels of oil equivalent (Mboe) (50% of which were proved developed reserves). Liquids represented approximately 54% of these reserves and natural gas the remaining 46%. These reserves were located for the most part in Europe (Norway, the United Kingdom, The Netherlands, Italy and France), Africa (Nigeria, Angola, the Republic of Congo, Gabon, Libya, Algeria and Cameroon), Asia/Far East (Indonesia, Myanmar, Thailand and Brunei), North America (Canada and the United States), the Middle East (Qatar, United Arab Emirates, Yemen, Oman, Iran and Syria), South America (Venezuela, Argentina, Bolivia, Trinidad & Tobago and Colombia) and the Commonwealth of Independent States (CIS) (Kazakhstan, Azerbaijan and Russia).

During the year ended December 31, 2008, Liquids accounted for approximately 62% and natural gas accounted for approximately 38% of TOTAL’s combined liquids and natural gas production. The majority of TOTAL’s natural gas production is sold under long-term contracts. The Gas & Power division is focused on the optimization of the Group’s gas resources through marketing, trading, transport of natural gas and liquefied natural gas (LNG), LNG re-gasification and natural gas storage. The Gas & Power division also conducts research and development related to alternative energies as complementary energy resources to oil and gas.

Downstream

The Downstream segment conducts TOTAL’s refining, marketing, trading and shipping divisions. As of December 31, 2008, the Company’s worldwide refining capacity was 2,604 thousand barrels per day (kb/d). As of December 31, 2008, TOTAL’s worldwide marketing network consisted of 16,425 retail stations, more than 50% of which are owned by the Company. In addition, TOTAL’s refineries allow the Company to produce a range of specialty products, such as lubricants, liquefied petroleum gas (LPG), jet fuel, special fluids, bitumen and petrochemical feedstock. As of December 31, 2008, TOTAL held interests in 25 refineries (including 12 that it operates), located in Europe, the United States, the French West Indies, Africa and China.

The Company’s refining capacity in Western Europe was 2,281 kb/d, during 2008, accounting for more than 85% of the Company’s overall refining capacity. It operates 11 refineries in Western Europe, and holds interests in the German refinery of Schwedt and in four Spanish refineries through its holding in CEPSA. In the United States, TOTAL operates the Port Arthur refinery in Texas, with a capacity of 174 kb/d. In Africa, TOTAL holds interests in six refineries. In China, TOTAL has held since 1997 a 22.4% interest in the WEPEC refinery, located in Dalian, in partnership with Sinochem and PetroChina.

The Trading & Shipping sector sells and markets the Company’s crude oil production; provides a supply of crude oil for its refineries, and imports and exports the appropriate petroleum products for TOTAL’s refineries to be able to adjust their production to the needs of local markets. TOTAL is a trader of crude oil and refined products. The Trading division operates on physical and derivatives markets, both organized and over the counter. The principal activity of the Shipping division is to arrange the transportation of crude oil and refined products necessary for the Company’s activities. The Shipping division provides a range of shipping services required by TOTAL to develop its activities and maintains a safety policy.

Chemicals

The Chemicals segment includes Base Chemicals and Specialty Chemicals divisions.

Base Chemicals encompasses the Company’s petrochemicals and fertilizers activities. Specialty Chemicals encompasses the Company’s rubber processing, resins, adhesives and electroplating activities. TOTAL’s main petrochemicals sites are located in Belgium (Antwerp, Feluy), France (Gonfreville, Carling, Lavera, Feyzin), the United States (Port Arthur, La Porte and Bayport in Texas and Carville in Louisiana), as well as in Singapore and China (Foshan). TOTAL’s Specialties division includes rubber processing (Hutchinson), resins (Cray Valley, Sartomer and Cook Composites & Polymers), adhesives (Bostik) and electroplating (Atotech). The division serves consumer and industrial markets, for which customer-oriented marketing and service, as well as innovation are key drivers. The Company markets specialty products in more than 55 countries. TOTAL produces and markets resins for adhesives, inks, paints, coatings and structural materials through three subsidiaries: Cray Valley, Sartomer, and Cook Composites & Polymers.

	Company	Industry	Sector	S&P 500
Sales (MRQ) vs Qtr. 1 Yr. Ago	25.45	16.09	31.64	8.19
Sales (TTM) vs TTM 1 Yr. Ago	24.26	15.09	31.13	9.95
Sales – 5 Yr. Growth Rate	3.71	11.38	13.90	7.66
EPS (MRQ) vs Qtr. 1 Yr. Ago	50.45	70.71	138.54	43.27
EPS (TTM) vs TTM 1 Yr. Ago	35.22	–	–	–
EPS – 5 Yr. Growth Rate	-2.67	4.86	8.52	5.09
Capital Spending – 5 Yr. Growth Rate	9.32	7.37	11.83	3.62

Royal Dutch Shell plc (ADR) (NYSE:RDS.A)
Royal Dutch Shell plc (Shell), incorporated on February 5, 2002, is an independent oil and gas company. The Company owns, directly or indirectly, investments in the numerous companies constituting the Group. Shell is engaged worldwide in the aspects of the oil and gas industry and also has interests in chemicals and other energy-related businesses. The Company operates in three segments: Upstream, Downstream and Corporate. Its Upstream business explores for and extracts crude oil and natural gas, often in joint ventures with international and national oil companies. Shell’s Downstream segment turns crude oil into a range of refined products, which are moved and marketed worldwide for domestic, industrial and transport use. The Corporate segment covers the non-operating activities supporting Shell. During the year ended December 31, 2009, it acquired a 40% interest in the Alam El Shawish West concession, located in the Egyptian western desert. In November 2010, the Company announced the sale of its LPG business in Sri Lanka to the Government of Sri Lanka.

Upstream

The Company liquefies natural gas by cooling and transports it to customers worldwide. It also converts natural gas to liquids (GTL) to provide cleaner burning fuels. Upstream markets and trades natural gas and power in support of its businesses. Shell extracts bitumen from mined oil sands and converts it to synthetic crude oil. The Company is also a developer of wind power as a means to generate electricity. During 2009, the Company’s hydrocarbon production averaged 3,142 thousand barrels of oil equivalent per day (boe/d). In Brazil, production started from the multi-field Parque das Conchas (BC-10) project. In Brunei, field-development projects at Mampak Block 4 and Bugan came on-stream in 2009. In Norway, the Ormen Lange gas field reached peak production in November 2009. The field delivers gas to the United Kingdom market. During 2009, Shell participated in 11 discoveries in Australia, Malaysia, Norway, Oman and the United States Gulf of Mexico. During 2009, Shell participated in 345 successful wells drilled outside proved areas. This consisted of 28 conventional oil and gas wells and 148 unconventional gas exploration and appraisal wells, as well as 169 additional appraisal wells.

During 2009, the Company’s net addition to proved undeveloped reserves was 2,055 million barrels of oil equivalent (boe). Shell has interests in Austria, Germany, Greece, Hungary, Italy, Slovakia, Spain, Sweden and Ukraine. In 2009, Shell had a 16.81% interest in the offshore Kashagan field. In Sabah, Shell operates four producing offshore oil fields (with a 50% interest in three and 80% in the other). Shell also has interests in offshore production-sharing contracts (PSCs) for the exploration and development of three blocks with interests ranging from 35% to 40%. In 2009, Shell had a 50% interest in offshore blocks ND-6 and ND-7. Shell produces natural gas, natural gas liquids (NGLs), bitumen, synthetic crude oil and sulphur mainly in Alberta and British Columbia. Shell is a producer of oil and gas in the Gulf of Mexico, onshore tight gas (south Texas, Wyoming and Louisiana) and heavy oil (California).

Downstream

The Company turns crude oil into a range of refined products. These include gasoline, diesel, heating oil, aviation fuel, marine fuel, lubricants and bitumen. In addition, it produces and sells petrochemicals for industrial use worldwide. The Company’s manufacturing business includes refining, supply and distribution. Marketing includes its retail, business to business (B2B), lubricants, alternative energies and carbon dioxide (CO2) businesses. The Company also trades crude oil, oil products and petrochemicals. Shell sells lubricant products to customers across the transport sector for passenger cars, trucks and coaches, as well as in manufacturing, mining, power generation, agriculture and construction industries. Its products are available in around 100 countries.

B2B sells fuels and specialty products and services to a range of commercial customers. It consists of six separate businesses. Shell Aviation provides fuel every day at over 850 airports across some 55 countries, for more than 7,000 aircraft, refueling a plane every 12 seconds. Shell Marine Products provides fuels, lubricants and related technical services to the marine industry. Shell Gas liquefied petroleum gas (LPG) provides liquefied petroleum gas and related services in 29 countries to domestic, commercial and industrial customers for activities, such as transport, cooking, heating and lighting applications. Shell Commercial Fuels provides transport, industrial and heating fuels and related services to more than 200,000 customers in more than 40 countries. Its Commercial Road Transport business supplies road haulage and bus companies worldwide through a network of sites and offers payment through Shell’s card system. As of December 31, 2009, more than 500,000 fuel cards were in operation.

Shell Bitumen supplies around 11,000 tons of bitumen products every day to some 1,600 customers worldwide. Shell Sulphur Solutions develops sulphur products that provide uses for sulphur, a natural by-product of oil and gas processing. These include Shell Thiopave, a paving solution that can prolong road life; Shell Thiocrete, a fast-setting concrete, and Shell Thiogro, a family of fertilizers. The Company has interests in more than 30 chemical manufacturing sites worldwide, including joint ventures. Its chemical manufacturing portfolio produces a range of base chemicals, including ethylene, propylene and aromatics, and intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide and ethylene glycol. Shell Chemicals sells a range of petrochemicals to industrial customers worldwide. The products are used in plastics, coatings and detergents, which in turn are used in products, such as fibers and textiles, thermal and electrical insulation, medical equipment and sterile supplies, computers, vehicles, paints and biodegradable detergents.

Corporate

The Corporate segment includes Shell’s holdings and treasury organization, its headquarters and central functions, as well as its insurance companies. The holdings and treasury organization manages the financial assets and liabilities of Shell. Headquarters and central functions provide business support in the areas of finance, human resources, legal services, corporate affairs, real estate and information technology (IT). They also provide support for the shareholder-related activities of the Company. Shell insurance companies provide the worldwide insurance cover required by subsidiaries.

	Company	Industry	Sector	S&P 500
Sales (MRQ) vs Qtr. 1 Yr. Ago	27.73	16.09	31.64	8.19
Sales (TTM) vs TTM 1 Yr. Ago	28.07	15.09	31.13	9.95
Sales – 5 Yr. Growth Rate	3.71	11.38	13.90	7.66
EPS (MRQ) vs Qtr. 1 Yr. Ago	59.12	70.71	138.54	43.27
EPS (TTM) vs TTM 1 Yr. Ago	60.81	–	–	–
EPS – 5 Yr. Growth Rate	-3.05	4.86	8.52	5.09
Capital Spending – 5 Yr. Growth Rate	11.12	7.37	11.83	3.62

Royal Quantum Group, Inc. OTC:RYQG (the “Company”) is pleased to update its shareholders on the company’s progress over the past months.

The company’s first three wells drilled in Oklahoma continue their successful production rates as follows: The Bond #1 is producing at rates of approximately 70 bbls per day plus associated gas. The Bond #2 well is producing at a rate of approximately 28 bbls per day plus associated gas. The Gleason #4 well continues its steady production at a rate of approximately 4bbls per day plus associated gas. The company’s 4th well, the Sattler #1 was completed in the Wilcox formation and put on pump. After several weeks of testing, the well did not produce from this zone at economic rates. The company elected to develop additional zones in this hole and has since completed in the Mississippi formation. Currently the well is on pump and being tested. Indications over the past months are showing an increase in the gas recovery as well as initial oil production is starting from this well. Testing will continue on the Sattler #1. The Bond #3 well was drilled and completed in the Wilcox zone. After being on pump for a few weeks, this well did not recover economic rates of return. Additional zones were completed, and the well is now being tested in the Big Lime formation. Early indications are showing signs of gas and oil potential from this zone, however continued testing is necessary to determine the economics of this well. Funding for participation in the Sattler #1 and Bond #3 wells was facilitated through the issuance of 120 units at a price of USD $2,500 per unit (”Unit”) for a total of USD $300,000. Each Unit consisted of 5,000 restricted common shares of the Company and a working interest payable to the unit holder on a portion of the revenue received from the wells. In addition, each unit will carry an option to purchase shares in the Company at $0.25 per share for a period of 18 months from the date of closing. The company has a 25% working interest in each of the wells.

The company drilled and completed its 6th well, the WC#1 in the first quarter of 2011. The well has been completed in the Wilcox formation. Currently this well is on pump and being tested. Funding for participation in the WC #1 well was partly facilitated through the issuance of 40 units at a price of USD $2,500 per unit (”Unit”) for a total of USD $100,000. Each Unit consisted of 5,000 restricted common shares of the Company and a working interest payable to the unit holder on a portion of the revenue received from the wells. In addition, each unit will carry an option to purchase shares in the Company at $0.25 per share for a period of 18 months from the date of closing. The company contributed the additional capital required to drill and complete this well from cash flow received from its oil and gas operations. The company has a 25% working interest in the WC #1 well.

The drilling, completion and servicing of the wells had been severely hampered by weather issues throughout the end of the 2010 season and into the 2011 year restricting both access to the well locations and the movement of equipment. As we are now into the summer months it is expected these weather related delays are behind us, and the Company can continue to move forward in developing the wells.

The company will maintain its business direction of participating in the drilling of oil and gas wells in the state of Oklahoma. We are also actively reviewing larger oil and gas projects within the United States to add to our current cash flow.

Royal Quantum is a North American based exploration and development Company, focusing on the acquisition and development of cash flow or near term cash flow producing properties in the resource sector. Royal Quantum is a fully reporting public company trading under the symbol RYQG.

Shayne Heffernan

Shayne Heffernan oversees the management of funds for institutions and high net worth individuals.

Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

www.livetradingnews.com

For More Information Contact

Chutinush Taksinapinunt (ANISTA)

Business Development Director

Heffernan Capital Management

Info@Heffcap.com

www.heffcap.com

Suite 53 Athenee Tower 63 Wireless Road, Lumpini, Pathumwan, Bangkok 10330 THAILAND

Tel: +66 2 126 8045

Fax: +66 2 126 8080

Mobile: +66 8 5997 0635

Email : info@heffcap.com

New York

347 5th Avenue, Suite 1402-508 NY, NY 10016

Tel: +1 646-403-9881

Fax: +1 646-403-8014

Singapore

3 Raffles Place #07-01 Bharat Building Singapore 048617

Tel: +65 6329 6408

Fax: +65 6329 9699

Info@Heffcap.com

Get the Updates Daily

Enter your email address:

Delivered by FeedBurner

Your use of any of the Websites or any of the Services (defined below) constitutes your agreement to be bound by and comply with the Website Terms and Conditions and your consent to the collection, use and disclosure of personal information as described in the Privacy Policy. If you do not so agree and consent, you are not authorized to visit or use our Websites or the Services.

Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. You must also accept that opinions on stock markets change minute to minute, opinions expressed my change at any time without warning. Opinions maybe influenced by ad sales and other financial consideration. This site does not offer any assistance in making financial decisions.

Read the Terms of Service

Posted by Shayne Heffernan on Jul 1st, 2011and filed underEquities, Latest News, Markets, The Hot List.You can follow any responses to this entry through theRSS 2.0You can leave a response by filling following comment form or trackback to this entry from your site