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Nobel Energy unloads West Virginia, Pennsylvania assets

Monday, July 17, 2017 by

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Houston-based Nobel Energy, Inc. recently announced it closed the sale of upstream oil and natural gas assets in northern West Virginia and southern Pennsylvania, according to a Noble Energy Press Release.

HG Energy II Appalachia LLC, a portfolio company of Quantum Energy Partners, purchased the assets for $1.124 billion.

Additionally, Nobel plans to close a second midstream transaction, divesting 50 percent interest in Cone Gathering, LLC to a Quantum portfolio company in the third quarter of this year.

Learn more: Nobel Energy > Nobel Energy closes upstream Appalachia sale

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Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914.

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