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Stock Market & Financial Investment News

News Breaks
February 7, 2014
06:23 EDTWOPEY, NBLWoodside Petroleum enters MOU with Leviathan JV participants
Woodside (WOPEY) and the Leviathan Joint Venture participants, Noble Energy Mediterranean Ltd (NBL), Delek Drilling LP, Avner Oil Exploration LP and Ratio Oil Exploration LP, have agreed to convert a previous in- principle agreement for the potential acquisition of an interest in the Leviathan field into a non-binding Memorandum of Understanding. The MoU provides a framework to negotiate in good faith, the acquisition of a 25% participating interest in each of the 349/Rachel and 350/Amit petroleum licenses. The parties will negotiate towards executing a fully termed agreement by March 27. The Leviathan field is contained within the licenses, and based on information provided by the operator Noble Energy, has an estimated 2C contingent resource of 18.9 trillion cubic feet of natural gas and 34.1 million barrels of condensate.
News For WOPEY;NBL From The Last 14 Days
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November 13, 2014
19:04 EDTNBLRose Rock-operated White Cliffs Pipeline expands capacity
White Cliffs Pipeline, owned by subsidiaries of Rose Rock (RRMS), Plains All American Pipeline,(PAA), Western Gas Partners (WES) and Noble Energy (NBL), plans to expand capacity on its existing system to facilitate increasing shipments of crude oil from the DJ Basin to the Cushing hub. Once the Expansion Project is fully operational, the capacity of the White Cliffs Pipeline will increase from 150K barrels/day to a maximum of approximately 215K barrels/day. The Expansion Project is expected to be complete by the end of 3Q15. Following completion, Rose Rock Midstream, L.P. will continue operating the White Cliffs Pipeline.
November 12, 2014
07:31 EDTNBLBofA/Merrill to hold a conference
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