Noble Energy Announces Deepwater Gulf of Mexico Discovery
15 Giugno 2006 - 10:03PM
PR Newswire (US)
HOUSTON, June 15 /PRNewswire-FirstCall/ -- Noble Energy, Inc.
(NYSE:NBL) today announced preliminary drilling results for the
Raton prospect (Mississippi Canyon Block 248 #1) in the Gulf of
Mexico. While it is premature to estimate resources, the well
encountered 90 feet of hydrocarbon pay over three zones. Raton has
been temporarily abandoned pending further delineation drilling,
currently scheduled for the fourth quarter this year. The Raton
well spud on April 15, 2006 and is located in approximately 3,400
feet of water. The well drilled to a total measured depth of 20,106
feet. "The results of the initial well at Raton are encouraging,
particularly in light of the proximity of the well to our Redrock
discovery," said Dave Stover, Noble's Senior Vice President for
North America. "The Raton delineation, planned for the fourth
quarter, along with expected appraisal work at our recent Redrock
discovery just five miles to the north, will be important in
helping us formulate a combined development plan for both
discoveries." Noble Energy and its partners were also awarded two
new blocks adjacent to Redrock and Raton in OCS Lease Sale 198 held
last March. The company now has eight contiguous leases across the
area. Noble Energy is the operator of Raton with a 50 percent
working interest. Samson Offshore and Energy Partners, Ltd.
(NYSE:EPL) each have a 25 percent working interest in Raton. Noble
Energy is one of the nation's leading independent energy companies
and operates throughout major basins in the United States including
Colorado's Wattenberg Field, the Mid-continent region of western
Oklahoma and the Texas Panhandle, the San Juan Basin in New Mexico,
the Gulf Coast and the Gulf of Mexico. In addition, Noble Energy
operates internationally in Argentina, China, Ecuador, Equatorial
Guinea, the Mediterranean Sea, the North Sea and Suriname. Noble
Energy markets natural gas and crude oil through its subsidiary,
Noble Energy Marketing, Inc. Visit Noble Energy online at
http://www.nobleenergyinc.com/ . This news release may include
projections and other "forward-looking statements" within the
meaning of the federal securities laws. Any such projections or
statements reflect Noble Energy's current views about future events
and financial performance. No assurances can be given that such
events or performance will occur as projected, and actual results
may differ materially from those projected. Important factors that
could cause the actual results to differ materially from those
projected include, without limitation, the volatility in commodity
prices for oil and gas, the presence or recoverability of estimated
reserves, the ability to replace reserves, environmental risks,
drilling and operating risks, exploration and development risks,
competition, government regulation or other action, the ability of
management to execute its plans to meet its goals and other risks
inherent in Noble Energy's business that are detailed in its
Securities and Exchange Commission filings.
http://www.newscom.com/cgi-bin/prnh/20021210/NBLLOGO
http://photoarchive.ap.org/ DATASOURCE: Noble Energy, Inc. CONTACT:
Greg Panagos of Noble Energy, Inc., +1-281-872-3125, or Web site:
http://www.nobleenergyinc.com/
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