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Stock Market & Financial Investment News

News Breaks
June 30, 2014
07:36 EDTNBLNoble Energy announces letter of intent for Leviathan export
Noble Energy announced the execution of a non-binding Letter of Intent between the Leviathan field partners and BG International Limited for the supply of natural gas from the Leviathan field, offshore Israel, to BG's existing natural gas liquefaction facilities in Egypt. The LOI contemplates a total gross sales quantity of up to 3.75T cubic feet of natural gas over a 15-year period, or the equivalent of approximately 700M cubic feet per day over the term. Delivery of the natural gas to BG is expected at the outlet of the Leviathan floating, production, storage, and offloading vessel, with planned connection to the LNG facilities by way of subsea pipeline. A final gas purchase and sales agreement is to be negotiated and will be subject to the receipt of regulatory approvals in Israel and Egypt.
News For NBL From The Last 14 Days
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January 23, 2015
10:02 EDTNBLOn the Fly: Analyst Downgrade Summary
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07:03 EDTNBLNoble Energy downgraded to Neutral from Outperform at Credit Suisse
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January 20, 2015
07:43 EDTNBLNoble Energy reports no commercial hydrocarbons in Madison exploration well
Noble Energy announced that the Madison exploration well in the Gulf of Mexico reached the targeted Upper and Middle Miocene objectives and did not encounter commercial hydrocarbons. Drilled to a total depth of 16,859 feet on Mississippi Canyon 479, the well has been plugged and abandoned and the drilling rig has been released. Noble Energy operated the well with a 60% working interest and Stone Energy Offshore, had the remaining 40%.

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