For Noble Energy Inc. (NYSE: NBL), 2013 could be a red-letter in the Niobrara, according to two recent reports from Wunderlich Securities Inc. and Morgan Stanley. Noble is expected to add 200 million barrels of oil equivalent to its reserves by the end of 2013, according to the reports.
Both reports largely attribute Noble’s projected growth ...
Operators are still delineating the Niobrara Shale while seeking the ideal completion methodology for the play.
The deal includes the formation of an 18-person land-use task force.