Noble Energy Completes The Sale Of Dumbarton And Lochranza In The North Sea

abarrelfullabarrelfull wrote on 14 Aug 2012 08:17
Tags: deals europe maersk noble north-sea uk upstream


Noble Energy, Inc. (NYSE: NBL) announced today that it has closed the previously announced sale of the Dumbarton and Lochranza properties in the North Sea to Maersk Oil North Sea Limited (OMX: MAERSKB). Proceeds from the transaction were $117 million and included final closing adjustments from the effective date of January 1, 2012.

Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production. The Company has core operations onshore in the U.S., primarily in the DJ Basin and Marcellus Shale, in the deepwater Gulf of Mexico, offshore Eastern Mediterranean, and offshore West Africa. Noble Energy is listed on the New York Stock Exchange and is traded under the ticker symbol NBL. Further information is available at www.nobleenergyinc.com.


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