10:51 AM EST - Shell Canada : Royal Dutch Shell Plc has offered to buy out the 22 percent of Shell Canada it does not own, in a further sign the Anglo-Dutch oil producer is betting heavy oil sands will halt a slide in its reserves. Shell said in a statement on Monday it had advised the board of Shell Canada Limited of its intention to offer to buy the minority interests for a cash price of $40 per share, a 22 percent premium to Friday's closing price. Shell Canada
T.SHC are trading up 9.47 at $42.27.
