Ducor Petroleum is 'Empty shell'...
As the pulling and hauling of who owns Ducor Petroleum Incorporated, and the alleged misapplication of millions of United States Dollars of the company by its General Manager, Amos PK Brosius which led to his detention at the Police Head quarters without charge, the Chief Executive Officer of MOTC has backtracked, saying Ducor Petroleum Incorporated is an ``Empty shells'' , meaning the Company has no value.
Royal Dutch Shell Plc said it had idled seven rigs and taken a $56 million charge second-quarter charge related to the US deepwater drilling ban and would not rule out reclaiming the cash from BP Plc. Shell, one of the biggest oil producers in the Gulf of Mexico, said it had idled rigs rather than move them elsewhere because the six-month duration of the drilling ban meant it was not profitable to redeploy rigs to other areas.