Noble Energy Completes The Sale Of Permian Basin Properties

abarrelfullabarrelfull wrote on 05 Sep 2012 05:21
Tags: n-america noble upstream usa

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Noble Energy, Inc. (NYSE: NBL) announced today that it has closed the previously announced sale of certain oil and natural gas properties in the Permian Basin to Sheridan Holding Company II, LLC, a privately held Houston based oil and gas company. Proceeds from the transaction were approximately $309 million and included adjustments from the effective date of April 1, 2012.

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