Noble Energy Predicts 25% Loss of Locations If 2K Setbacks Are Enacted Says FBR

NobleEnergyLogoSeeking Alpha – July 28, 2014

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Today FBR said that regarding Niobrara regulatory risk, even in a worst-case scenario of 2K-ft. setbacks resulting in 25% loss of locations and a 10% degradation of capital efficiency, the firm says the impact to NBL’s 3P NAV is just $5/share or 3%

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