Noble Energy Completes Buyout of Rosetta Resources

Noble Energy, the company that with a 50/50 joint venture with CONSOL Energy in some 663,350 acres of Marcellus and Utica Shale leases in the northeast and rumored to be interested in either taking over all of the acreage (becoming the company of record on the acreage and doing the drilling on that acreage) or possibly buying the gas division of CONSOL Energy, one of America's oldest and biggest coal companies, just closed on buying out Rosetta Resources Inc. Noble purchased Rosetta for its Eagle Ford and Permian Basin acreage--over 100,000 acres total (located in Texas). Here's the details of that purchase...

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