Noble Energy (NBL) sells stakes in two non-operated North Sea oilfields to Ithaca Energy...

|About: Noble Energy, Inc. (NBL)|By:, SA News Editor

Noble Energy (NBL) sells stakes in two non-operated North Sea oilfields to Ithaca Energy (IACAF.PK) for $38.5M. Ithaca moves its holding in the Cook field from ~28.4% to ~41.3% and takes a 14% stake in the MacCulloch field from NBL. The deals are expected to yield 2012 net production of 1,100 boe/day to Ithaca.