The Oil & Gas Financial Journal Transaction of the Year, Texas 2016

Awarded to: Noble Energy

Judges Comments

“$2.1 Billion in the current market is sizable by anyone’s standards.”

“50,000 net acres in the Eagle Ford and 56,000 in the Permian with more than 1,800 gross horizontals wells identified for development. This will be a game changer when we see the market re-balance.”

Noble Energy – Corporate Overview

Noble Energy, Inc. is a global independent oil and natural gas exploration and production company with a diverse portfolio of high-quality assets, a track record of success and a sound strategy for the future.

The company’s diverse resource base includes positions in four premier unconventional U.S. onshore plays – the DJ Basin, Marcellus Shale, Eagle Ford Shale and Permian Basin – and offshore in the U.S. Gulf of Mexico, Eastern Mediterranean and West Africa.

Noble Energy’s U.S. onshore operations are positioned to deliver consistent and predictable results. With exposure to both oil and natural gas opportunities, our well-balanced portfolio includes thousands of low-risk horizontal development projects in premier unconventional assets.

We are setting new production records, while optimizing drilling and completion techniques and are implementing Integrated Development Plans, which focus on maximizing value and minimizing footprint. In addition, the Company is increasing the drilling of extended reach laterals and testing significant resource upside in all plays, utilizing new completion methodologies and downspacing programs.

In September 2016, Noble Energy formed Noble Midstream Partners – a growth-oriented master limited partnership that owns, operates, develops and acquires midstream infrastructure assets in the DJ Basin and Permian Basin.