$AORGF Noble Energy Announces Acreage Additio
Post# of 273241
Noble Energy Announces Acreage Addition In The Falkland Islands And 2015 Drilling Update
PR Newswire - Mon Apr 13, 7:24AM CDT
Noble Energy, Inc. (NYSE: NBL) today announced that it has acquired a 75 percent interest and operatorship of the PL001 License in the North Falkland Basin from Argos Resources Limited. The PL001 License covers an area of nearly 285,000 gross acres and is located to the northwest of the PL032 License, which includes the Sea Lion oil discovery. Edison International SpA has obtained the remaining 25 percent interest in the PL001 License. Noble Energy and Edison will provide to Argos a 5 percent royalty override from all hydrocarbon development on the license.
NBL: 33.02 (-1.01), EIX: 75.62 (+0.11)