May 18, 2017
Noble Sells More Interest In Marcellus
Houston-based Noble Energy Inc. says it wants to concentrate on lower-cost drilling in its Texas and Colorado assets, so it's selling its portion of a Marcellus Shale company.
Noble announced Thursday it's selling a subsidiary that owns 50% of privately-held pipeline operator Cone Gathering of Pennsylvania to Quantum Energy Partners for $765 million in cash.
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By Mike Shiloh
Copyright May 18, 2017, Mike Shiloh, Texas Energy Report LLC, www.texasenergyreport.com, All rights are reserved
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