UK: Noble Energy Sells Dumbarton and Lochranza to Maersk Oil
Noble Energy, Inc. announced that it has closed the previously announced sale of the Dumbarton and Lochranza properties in the North Sea to Maersk Oil North Sea Limited.
Proceeds from the transaction were $117 million and included final closing adjustments from the effective date of January 1, 2012.
Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production. The Company has core operations onshore in the U.S., primarily in the DJ Basin and Marcellus Shale, in the deepwater Gulf of Mexico, offshore Eastern Mediterranean, and offshore West Africa.
Press Release, August 14, 2012