8/29/2014

Noble Energy announced Thursday that it has made crude oil discoveries at two deepwater wells in the Gulf of Mexico. The company said it found 154 net feet of oil at its Katmai exploration well and 122 net feet of oil at its Dantzler-2 appraisal well. Production from the Katmai well is estimated at 40 million barrels to 100 million barrels of oil equivalent, while output from the Dantzler-2 well is at 65 million barrels to 100 million barrels of oil equivalent.

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