European Stars and Stripes (Newspaper) - September 22, 1991, Darmstadt, Hesse Sunday september 22, 1991 the stars and stripes a Page 19ailing Shell Oil to sell holdings in Alaska Houston up a financially troubled Shell Oil co. Will sell its Oil and Gas production holdings in Alaska including its stake in the Prudhoe Bay Oil Field. Shell hard hit by financial losses and a dismal natural Gas Market said thursday that it would sell the Alaska properties As part of a widespread review of its Oil and Gas portfolio. Shell declined to comment on the value of the properties up for Sale but analysts set the value at about $125 million. A while these properties Are valuable they Are not considered strategic to Shell Quot company spokeswoman eydie Pengelly said. A they Are not essential to our Long term Shell hired Netherland Sewell and associates a Dallas based consulting firm to drum up potential buyers. Shell part of the Netherlands based Royal dutch Shell group reported a loss of $68 million in the second Quarter and said it would Lay off 4,000 workers. A in the grand scheme of shells picture the land Sale is very Small a said Lysle Brinker an analyst at John s. Herold inc. In Greenwich Conn. A the idea Here is to consolidate. 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