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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Dennis Roth who wrote (176430)3/15/2013 2:44:36 PM
From: Dennis Roth2 Recommendations  Read Replies (1) | Respond to of 206157
 
Noble Energy. Inc. (NBL)
10 from 10(K): 10 Interesting Takeaways from the 2012 10-K; Revising Estimates
A. Jayaram - Credit Suisse

Our take: We believe the company's core Wattenberg field is one of the most attractive franchise assets in U.S. onshore as
the 'rate of change' for its DJ Basin asset base is improving on numerous fronts-rising liquids mix, EURs, well counts,
infrastructure availability, and inventory. We believe well results from its extended lateral program and its pilot at Wells
Ranch 24, which is testing the efficacy of 40-acre spacing and a mix of different producing horizons, could serve as
important near-term catalysts for NBL shares. Reiterate Outperform.

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