Noble Energy 1Q14: Marcellus Experiments Paying Off
Noble Energy is a big driller involved in a number of resource plays--both onshore and offshore. One of their offshore operations--off the coast of Israel--has transformed Israel from energy dependent to becoming almost completely energy independent. Yesterday in the parade of quarterly earnings updates, Noble released their update for first quarter 2014. Noble is a big driller in the Marcellus Shale and their northeast program, which is what interests us, continues to perform very well for the company.
Of particular interest to MDN is a brief paragraph about Noble's Marcellus program and the experimentation they've been doing--and the impressive results they've been getting from those experiments...
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