noble energy inc (NBL) Key Developments
Noble Energy, Inc. Announces Final Results of Exchange Offers
Jul 28 15
Noble Energy, Inc. announced the final results of its previously announced offers to exchange all validly tendered and accepted notes of each series 5.625% Senior Notes due May 1, 2021, 777779 AD1 $700,000,000, 5.875% Senior Notes due June 1, 2022, 777779 AE9 $600,000,000, 5.875% Senior Notes due June 1, 2024, 777779 AF6 $500,000,000 previously issued by Rosetta Resources Inc. for new notes to be issued by Noble Energy and the related solicitation of consents to amend the indentures governing the Rosetta Notes. A Registration Statement on Form S-4 (File No. 333-205313) relating to the issuance of the Noble Notes was filed with the Securities and Exchange Commission on June 29, 2015, and was declared effective by the SEC on July 16, 2015. As of the Expiration Date, 11:59 p.m., New York City time, on July 27, 2015. The Exchange Offers were made pursuant to the terms and conditions set in Noble Energy's prospectus, dated as of June 29, 2015, which forms a part of the Registration Statement and the related Letter of Transmittal and Consent that contain a more complete description of the terms and conditions of the exchange offers.
Noble Energy, Inc. Elects James E. Craddock as Director
Jul 21 15
On July 20, 2015, Bluebonnet Merger Sub Inc. (merger sub), an indirect, wholly owned subsidiary of Noble Energy, Inc. completed its merger with and into Rosetta Resources Inc. as a result of which Rosetta became an indirect, wholly owned subsidiary of the company. On July 20, 2015, effective as of the effective time of the merger, as approved by resolutions of the company's board of directors and pursuant to the merger agreement, the number of directors on the company's Board was increased from ten to eleven members. Effective as of the same time, James E. Craddock, who was previously the Chairman, Chief Executive Officer and President of Rosetta, was elected to serve as a director of the company. Mr. Craddock will fill the newly-created position on the Board until the next annual meeting of the company's stockholders, at which time he will stand for re-election. February 2013, Mr. Craddock was named Chairman, Chief Executive Officer and President of Rosetta. Mr. Craddock joined Rosetta in April 2008 as Vice President, Drilling and Production Operations and was named a Senior Vice President in January 2011.
Noble Energy Declares Quarterly Dividend, Payable on August 17, 2015
Jul 21 15
Noble Energy, Inc. announced that its Board of Directors has declared a quarterly cash dividend of 18 cents per common share payable on August 17, 2015 to the shareholders of record at the close of business on August 3, 2015.
Delek And Noble To Sell Gas Fields
Jul 17 15
Delek Group Ltd. (TASE:DLEKG) and Noble Energy, Inc. (NYSE:NBL) are planning to sell assets. Prime Minister, Benjamin Netanyahu has been pushing for a disposal deal. Under government’s roadmap, Noble and Delek will have 14 months to find a buyer for Tanin and Karish gas fields, which analysts expect, could together be worth $1.5 billion. Delek will also have six years to sell its 31.25% stake in the larger Tamar field, and Noble is being forced to lower its Tamar stake to 25% from 36%. Chief Executive Officer of Delek Drilling - Limited Partnership (TASE:DEDR.L), Yossi Abu said, “There was no other choice but to agree to this roadmap.” If the group does not complete a sale in the allotted time, the projects will be turned over to a trust that will sell to the highest bidder.
Noble Energy, Inc. Presents at 3rd Annual North American Midstream Oil, Gas & LNG Infrastructure Finance Forum, Jun-16-2015 02:15 PM
Jun 13 15
Noble Energy, Inc. Presents at 3rd Annual North American Midstream Oil, Gas & LNG Infrastructure Finance Forum, Jun-16-2015 02:15 PM. Venue: Hyatt Regency Houston, 1200 Louisiana Street, Houston, Texas, United States. Speakers: Sanjay Nayyar, Project Finance.