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Stock Market & Financial Investment News

News Breaks
August 15, 2014
10:10 EDTNBLNoble Energy announces Bright exploration results in Gulf of Mexico
Noble Energy announced that the Bright exploration well in the deepwater Gulf of Mexico reached the targeted Upper and Middle Miocene objectives and did not encounter hydrocarbons. Drilled to a total depth of 13,500 feet on Atwater Valley 362, the well has been plugged and abandoned. Full well assessment and the integration of drilling results into the Company's geologic models is ongoing to determine forward exploration plans on the recently acquired Atwater Valley acreage. BP Exploration & Production operated the well with 50% working interest and Noble Energy had the remaining 50%. The company expects third quarter 2014 exploration expense to remain within guidance of $150M-$250M.
News For NBL From The Last 14 Days
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February 1, 2016
07:42 EDTNBLNoble Energy believes it can develop Leviathan by 2019, Globes reports
Noble Energy Israel County Manager Bini Zomer said that his company thinks it can develop the Leviathan natural gas reservoir if a sufficient number of contracts are signed, despite the plunge in oil prices that have led to investment cuts, Globes reports. "There is no doubt that the global oil and gas industry is facing many challenges. Despite those challenges, Noble believes that the Leviathan project can move forward based on domestic and export opportunities and because of the positive climate created by the Natural Gas Framework," Zomer said. Reference Link

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