Noble Energy Inc. is selling off its Marcellus Shale natural gas wells in the next several months for more than $1 billion, ending a six-year tenure in Appalachian natural gas production that began with a multibillion-dollar joint venture with Consol Energy Inc. in 2011 and its own $3.4 billion initial investment in Marcellus Shale acreage and wells a year later.
The deal, announced Tuesday, is with an as-yet-undisclosed buyer, a private company that wanted to remain anonymous for the time being.…
Continue Reading: Energy & the Environment News – Energy News Headlines | Bizjournals.com
(Visited 32 times, 1 visits today)
Comments
comments
