Noble Energy Sells Oil and Gas Properties for $594 Million

Oil and Gas Investing

Noble Energy Inc. (NYSE:NBL) announced that it has closed the sale of some of its Western Oklahoma and Texas Panhandle oil and natural gas properties to a subsidiary of Unit Corp. (NYSE:UNT).

Noble Energy Inc. (NYSE:NBL) announced that it has closed the sale of some of its Western Oklahoma and Texas Panhandle oil and natural gas properties to a subsidiary of Unit Corp. (NYSE:UNT).

As quoted in the press release:

Proceeds from the transaction were approximately $594 millionĀ and included certain adjustments from the effective date ofĀ April 1, 2012.

Click here to read the fullĀ Noble Energy Inc. (NYSE:NBL) press release.

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