Text Size:
A | A

Noble Energy Completes $130 Million Kansas Deal

Text Size: A | A
September 27, 2012

Noble Energy Inc. (NYSE: NBL) announced that it has closed the previously announced sale of certain oil and natural gas properties in central Kansas to an affiliate of Citation Oil & Gas Corp.

Proceeds from the transaction were approximately $130 million.

David L. Stover, Noble Energy's president and COO, commented, "With the closing of our Kansas property sale, we have now completed four divestments resulting in over $1.1 billion of proceeds received this quarter.  These funds will contribute to our strong balance sheet and robust liquidity position as we continue ...

Already a subscriber? Log In
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription