Noble Energy, Inc. (NYSE: NBL) to Sell Properties to Citation Oil & Gas


Shutterstock photo

Noble Energy, Inc. ( NBL ) today announced that it has signed a definitive agreement to sell certain oil and natural gas properties in Kansas to an affiliate of Citation Oil & Gas Corp., a privately held Houston based oil and gas company, for approximately $140 million. The transaction has an effective date of April 1, 2012 and is expected to close in September 2012, subject to customary closing conditions and adjustments.

Read More on International Business Times

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Commodities

More from International Business Times


International Business Times

International Business Times

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by