Delaware
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001-07964
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73-0785597
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||
(State
or other jurisdiction of
incorporation
or organization)
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Commission
File
Number
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(I.R.S.
Employer
Identification
No.)
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||
100
Glenborough, Suite 100
|
||||
Houston,
Texas
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77067
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|||
(Address
of principal executive offices)
|
(Zip
Code)
|
o
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
|
o
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
o
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
|
|
o
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
|
Variable
to Fixed Price Swaps
|
Costless
Collars
|
||||||||||||||||||||||
Weighted
|
Weighted
|
Weighted
|
|||||||||||||||||||||
Production
|
Bbls
|
Average
|
Bbls
|
Average
|
Average
|
||||||||||||||||||
Period
|
Index
|
Per
Day
|
Fixed
Price
|
Index
|
Per
Day
|
Floor
Price
|
Ceiling
Price
|
||||||||||||||||
4th
Qtr 2008
|
NYMEX
WTI
|
16,500 | $ | 37.92 |
NYMEX
WTI
|
3,100 | $ | 60.00 | $ | 72.40 | |||||||||||||
4th
Qtr 2008
|
Dated
Brent
|
2,000 | 88.18 |
Dated
Brent
|
3,587 | 45.00 | 65.90 | ||||||||||||||||
4th
Qtr 2008 Average
|
18,500 | 43.35 | 6,687 | 51.95 | 68.91 | ||||||||||||||||||
2009
|
NYMEX
WTI
|
9,000 | 88.43 |
NYMEX
WTI
|
6,700 | 79.70 | 90.60 | ||||||||||||||||
2009
|
Dated
Brent
|
2,000 | 87.98 |
Dated
Brent
|
5,074 | 70.62 | 87.93 | ||||||||||||||||
2009
Average
|
11,000 | 88.35 | 11,774 | 75.79 | 89.45 | ||||||||||||||||||
2010
|
- | - |
NYMEX
WTI
|
5,500 | 69.00 | 85.65 |
Variable
to Fixed Price Swaps
|
Costless
Collars
|
|||||||||||||||||||||||
Weighted
|
Weighted
|
Weighted
|
||||||||||||||||||||||
Production
|
MMBtu
|
Average
|
MMBtu
|
Average
|
Average
|
|||||||||||||||||||
Period
|
Index
|
Per
Day
|
Fixed
Price
|
Index
|
Per
Day
|
Floor
Price
|
Ceiling
Price
|
|||||||||||||||||
4th
Qtr 2008
|
NYMEX
HH
|
170,000 | $ | 5.63 |
IFERC
CIG
|
14,000 | $ | 6.75 | $ | 8.70 | ||||||||||||||
2009
|
- | - |
NYMEX
HH
|
170,000 | 9.15 | 10.81 | ||||||||||||||||||
2009
|
- | - |
IFERC
CIG
|
15,000 | 6.00 | 9.90 | ||||||||||||||||||
2009
Average
|
- | - | 185,000 | 8.90 | 10.73 | |||||||||||||||||||
2010
|
- | - |
IFERC
CIG
|
15,000 | 6.25 | 8.10 |
Basis
Swaps
|
||||||||||||||
Weighted
|
||||||||||||||
Production
|
Index
Less
|
MMBtu
|
Average
|
|||||||||||
Period
|
Index
|
Differential
|
Per
Day
|
Differential
|
||||||||||
4th
Qtr 2008
|
IFERC
CIG
|
NYMEX
HH
|
100,000 | $ | 1.66 | |||||||||
4th
Qtr 2008
|
IFERC
ANR-OK
|
NYMEX
HH
|
40,000 | 1.01 | ||||||||||
4th
Qtr 2008
|
IFERC
PEPL
|
NYMEX
HH
|
10,000 | 0.98 | ||||||||||
4th
Qtr 2008 Average
|
150,000 | 1.44 | ||||||||||||
2009
|
IFERC
CIG
|
NYMEX
HH
|
110,000 | 2.56 |
·
|
the
timing and extent of changes in commodity prices for crude oil, natural
gas and related products, foreign currency exchange rates, interest rates
and financial market conditions;
|
|||||||||||
·
|
the
extent and effect of any hedging activities engaged in by
us;
|
|||||||||||
·
|
our
liquidity and ability to finance our acquisition, exploration and
development activities;
|
|||||||||||
·
|
the
supply and demand for oil, natural gas and other products or
services;
|
|||||||||||
·
|
the
presence or recoverability of estimated reserves;
|
|||||||||||
·
|
our
ability to replace reserves;
|
|||||||||||
·
|
drilling
and operating risks;
|
|||||||||||
·
|
environmental
risks;
|
|||||||||||
·
|
exploration
and development risks;
|
|||||||||||
·
|
government
regulation or other action; and
|
|||||||||||
·
|
the
ability of management to execute its plans to meet its
goals.
|
NOBLE
ENERGY, INC.
|
||||
Date:
October 16, 2008
|
By:
|
/s/
Chris Tong
|
||
Chris
Tong
|
||||
Senior
Vice President and Chief Financial Officer
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