2010-06-09-2010-06-03-2010-08-13
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
552MM
Description
Sold Midcontinent, Illinois Basin assets, totaling 5,700 BOE/d, 29 MMBOE proved.
Houston-based independent E&P company Noble Energy Inc. (NYSE: NBL) has sold certain noncore U.S. onshore assets, representing 5,700 barrels of oil equivalent per day and 29 million barrels of oil equivalent of reserves, to an affiliate of Citation Oil & Gas for approximately $552 million.
The package includes higher-cost assets in the Midcontinent and Illinois Basin.