Shell Canada, a wholly owned subsidiary of Royal Dutch Shell, has announced that 61.66 million common shares of Duvernay Oil have been deposited to the offer by its wholly owned subsidiary BRS Gas, to acquire all of the common shares of Duvernay.

BRS Gas has taken up all such shares, which represent approximately 97.7% of the common shares of Duvernay on a fully-diluted basis, and will pay for these shares on or before August 27, 2008.

Shell Canada first announced its intention to make the offer on July 14, 2008 and BRS Gas mailed its takeover bid circular to the shareholders of Duvernay on July 17, 2008.

As a result, Shell Canada, through its wholly owned subsidiary BRS Gas, has now declared its offer to acquire the common shares of Duvernay to be wholly unconditional.