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Noble Raises 2015 Expectations; Credits DJ Basin, Marcellus
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Noble Energy, Inc. has reported its first quarter 2015 results.
David L. Stover, Noble Energy's Chairman and CEO, commented, "Noble Energy's strong operational and financial capacity delivered a very positive start to 2015, and we are increasing our full year volume expectations following on the outperformance in the first quarter. Our teams have also made substantial progress in bringing costs down, reflecting continued improvement in operating efficiencies, leverage from existing core area infrastructure, and new pricing arrangements with our service partners. The trends of increasing capital efficiency and decreasing operating costs are expected to continue throughout the year.
"Our diversified portfolio of opportunities provides tremendous investment optionality and the ability to…
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