Noble Energy to bring in USE's D-J Basin assets.(United States Exploration Inc. acquired )

Publication: Oil and Gas Investor

Publication Date: 01-MAR-06

Bookmark this article Print this article Link to this article Email this article Digg It! Add to del.icio.us RSS

COPYRIGHT 2006 Hart Publications, Inc.

Noble Energy Inc., Houston, (NYSE: NBL) plans to purchase privately held, Billings, Montana-based United States Exploration Inc. for $411 million in cash, gaining expanded operations in Noble's core Wattenberg Field in the Denver-Julesburg Basin, where the company owns 218,000 net acres.

USE's proved reserves are about 248 billion cu. ft. equivalent...

Read the full article for free courtesy of your local library.