One-Page Deal Sheet
Noble Acquires Atwater Interest in GOM from BP
Noble Energy, Inc. BP Plc
Announced Date
June 16,2014
Transaction Type
Property
Asset/Basin:
{"Gulf of Mexico","Atwater Valley"}
TargetZones:
{"Upper Miocene","Mi
Transaction Details: Subscribe to see
Noble Energy, Inc. has announced that it has reached an agreement with BP Exploration & Production Inc. to acquire 50 percent of BP's interest in 17 deepwater exploration leases in the Gulf of Mexico.
Each of the leases resides in the Atwater Valley protraction area, with Noble Energy acquiring a 50 percent working interest in 13 leases and an average 26 percent working interest in four leases.
As part of the transaction, Noble Energy is participating with a 50 percent working interest in the Bright prospect, which is currently drilling on Atwater Valley Block 362 in a water depth of…
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