Shell Extends Barrett Tender Offer for Additional Two Weeks

Apr 20, 2001, 01:00 ET from Shell Oil Company

    HOUSTON, April 20 /PRNewswire Interactive News Release/ -- Shell Oil
 Company (Shell) today extended its tender offer for all outstanding shares of
 Barrett Resources Corporation (NYSE:   BRR) to 12:00 midnight EDT, on
 May 4, 2001.
     As of the close of the market on April 19, 2001, 155,420 shares of Barrett
 stock had been tendered into Shell's offer.  Shell Oil Company is a wholly-
 owned member of the Royal Dutch/Shell Group (NYSE:   RD, SC).
 
     Shell Oil Company has filed a preliminary consent statement and other
 solicitation materials with the SEC relating to Shell Oil Company's
 solicitation of written consents from the shareholders of Barrett Resources
 Corporation.  Investors and security holders are strongly advised to read the
 definitive consent statement, when available, because it will contain
 important information.  The definitive consent statement will be filed by
 Shell Oil Company with the SEC.  Investors and security holders can obtain a
 free copy of the consent statement (when available) and other relevant
 documents on the SEC's Web site.
     In addition, the identity of people who, under SEC rules, may be
 considered "participants in the solicitation" of Barrett shareholders and
 their holdings of Barrett common stock are contained in Shell Oil Company's
 preliminary consent statement filed with the SEC under Regulation 14A.
     This press release contains forward-looking statements that are based on
 Shell Oil Company's current expectations, estimates and projections.  Words
 such as "expects," "anticipates," "forecasts," "intends," "plans," "believes,"
 "projects," and "estimates," and variations of such words and similar
 expressions are intended to identify such forward-looking statements.
     These statements are not guarantees of future performance and involve
 risks and uncertainties and are based on a number of assumptions that could
 ultimately prove inaccurate and, therefore, there can be no assurance that
 they will prove to be accurate.
     Actual results and outcomes may vary materially from what is expressed or
 forecast in such statements.  Among the factors that could cause actual
 results to differ materially are changes in natural gas prices, changes in
 competitive or economic conditions affecting supply and demand for gas,
 pending or future litigation, changes in current laws and regulations, and
 general domestic and international economic and political conditions.  Shell
 Oil Company undertakes no obligation to update publicly any forward-looking
 statements, whether as a result of new information, future events or
 otherwise.
 
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                http://tbutton.prnewswire.com/prn/11690X31157724
 
 

SOURCE Shell Oil Company
    HOUSTON, April 20 /PRNewswire Interactive News Release/ -- Shell Oil
 Company (Shell) today extended its tender offer for all outstanding shares of
 Barrett Resources Corporation (NYSE:   BRR) to 12:00 midnight EDT, on
 May 4, 2001.
     As of the close of the market on April 19, 2001, 155,420 shares of Barrett
 stock had been tendered into Shell's offer.  Shell Oil Company is a wholly-
 owned member of the Royal Dutch/Shell Group (NYSE:   RD, SC).
 
     Shell Oil Company has filed a preliminary consent statement and other
 solicitation materials with the SEC relating to Shell Oil Company's
 solicitation of written consents from the shareholders of Barrett Resources
 Corporation.  Investors and security holders are strongly advised to read the
 definitive consent statement, when available, because it will contain
 important information.  The definitive consent statement will be filed by
 Shell Oil Company with the SEC.  Investors and security holders can obtain a
 free copy of the consent statement (when available) and other relevant
 documents on the SEC's Web site.
     In addition, the identity of people who, under SEC rules, may be
 considered "participants in the solicitation" of Barrett shareholders and
 their holdings of Barrett common stock are contained in Shell Oil Company's
 preliminary consent statement filed with the SEC under Regulation 14A.
     This press release contains forward-looking statements that are based on
 Shell Oil Company's current expectations, estimates and projections.  Words
 such as "expects," "anticipates," "forecasts," "intends," "plans," "believes,"
 "projects," and "estimates," and variations of such words and similar
 expressions are intended to identify such forward-looking statements.
     These statements are not guarantees of future performance and involve
 risks and uncertainties and are based on a number of assumptions that could
 ultimately prove inaccurate and, therefore, there can be no assurance that
 they will prove to be accurate.
     Actual results and outcomes may vary materially from what is expressed or
 forecast in such statements.  Among the factors that could cause actual
 results to differ materially are changes in natural gas prices, changes in
 competitive or economic conditions affecting supply and demand for gas,
 pending or future litigation, changes in current laws and regulations, and
 general domestic and international economic and political conditions.  Shell
 Oil Company undertakes no obligation to update publicly any forward-looking
 statements, whether as a result of new information, future events or
 otherwise.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X31157724
 
 SOURCE  Shell Oil Company

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