ADN by Lisa Demer. "Today marks the culmination of Shell's six-year effort to explore for potentially significant oil and gas reserves, which are believed to lie under Alaska's Outer Continental Shelf," the company said in a statement. ... "Happy, happy, happy," said Pete Slaiby (NGP Photo), Shell's vice president for Alaska. He gave a series of interviews Saturday to reporters from around the country following Shell's difficulties and progress. "This is such a big deal," he said. "It is opening up potentially a new chapter in Alaska's oil and gas story."