FOCUS: UNCONVENTIONAL OIL & GAS — Noble Energy sees northeastern Nevada as potential unconventional oil play

Noble Energy Inc. is contemplating a tight oil play in northeastern Nevada where there has been little drilling by industry, executives told analysts in a briefing to outline the company's new venture exploration assets. Nevada is one of three frontier areas for Noble. The other frontier areas, involving conventional prospects, are deep oil offshore Israel and offshore Falkland Islands. The mission of Noble's new ventures process is to identify opportunities with scale and running room that could potentially become future core areas and legacy assets for the company. "We do not expect all of them to work," Chuck Davidson, Noble's chief executive officer, told analysts during an ...

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