HOUSTON, June 17 -- Noble Energy, Inc. (NYSE: NBL) today announced that its West Tapir exploration well on Block 30 offshore Suriname did not contain commercial hydrocarbons. Located in 300 feet of water, the well was drilled to a total depth of 12,700 feet. Noble Energy holds a non-operated 45 percent working interest in Block 30.
Rodney Cook, Senior Vice President of International, said, "West Tapir is the first well to be drilled offshore Suriname in over 20 years and the drilling results will allow us to evaluate and improve our understanding of the basin. We will incorporate the findings into our geological and geophysical interpretations, which will influence our risk assessment of the remaining prospects."
Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production. The Company operates primarily in the Rocky Mountains, Mid-Continent, and deepwater Gulf of Mexico areas in the United States, with key international operations offshore Israel, UK and West Africa. Noble Energy is listed on the New York Stock Exchange and is traded under the ticker symbol 'NBL.' 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. Risks, uncertainties and assumptions that could cause actual results to differ materially from those projected include, without limitation, the volatility in commodity prices for crude oil and natural 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. Words such as "anticipates," "believes," "expects," "intends," "will," "should", "may," and similar expressions may be used to identify forward-looking statements. Noble Energy assumes no obligation and expressly disclaims any duty to update the information contained herein except as required by law.
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SOURCE Noble Energy, Inc.