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Noble Energy (NBL) plans a capital program of ~$3.9B for 2013, up 11% Y/Y, allocating 60% of...
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Thursday, December 6, 2012, 8:25 AM ETNoble Energy (NBL) plans a capital program of ~$3.9B for 2013, up 11% Y/Y, allocating 60% of funds to onshore U.S. projects, up from 51% in 2012. Expects to invest $1.7B to accelerate the horizontal Niobrara drilling program to include 300 horizontal wells next year. Overall sales volumes from continuing operations are expected to climb to 270K-282K boe/day.
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