Noble Energy Completes Sale of Non-Core U.S. Onshore Assets
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Started by: abarrelfullabarrelfull
Date: 13 Aug 2010 11:59
Number of posts: 1
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Summary:
Noble Energy, Inc. (NYSE: NBL) announced today that it has closed the previously announced sale of certain Mid-Continent and Illinois basin assets to an affiliate of Citation Oil & Gas. Proceeds from the transaction were $552 million and included final closing adjustments from the effective date of April 1. Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production. The Company operates primarily in the Rocky Mountains, Mid-Continent, and deepwater Gulf of Mexico areas in the United States, with significant international operations offshore Israel and West Africa. Noble Energy is listed on the New York Stock Exchange and is traded under the ticker symbol NBL. Visit Noble Energy online at www.nobleenergyinc.com.
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