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Nice to see the shebang line at the top of the script.

Agreed. As a minimum for the Oracle environment we'll need:
ORACLE_HOME="/wherever_oracle_home_is" ; export ORACLE_HOME...

What happens if you escape the | like so:
NUM=${L%%\|*}
DAT=${L##*\|}

If you made a little search in the forum, you would get the answer...:b:

echo "1
2
3
4
5" | sed '2d'
This deletes line two.