Noble Energy agrees to swap Colo. assets with Anadarko Petroleum

10/21/2013 | Oil & Gas Journal

Anadarko Petroleum and Noble Energy have agreed to swap assets in Colorado's Wattenberg field. The deal, which involves 50,000 net acres each, will strengthen efficiency, curb land work and streamline operations, said David Stover, president and chief operating officer of Noble Energy. "The large contiguous acreage blocks will provide the opportunity to optimize drilling activities and add more extended-reach lateral wells to the program," he said.

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