Noble Nabs $79 Million in Sales of 2 Drilling Units

Before you go, we thought you'd like these...
Before you go close icon

On Monday, offshore driller Noble Corp. announced that it has entered into two separate agreements to sell a pair of jackup drilling units.

A wholly owned subsidiary of Mexican rig operator Goimar S.A. de C.V. is buying the Noble Lewis Dugger for $61 million in a deal set to close in early 2013. Separately, privately held Axxis Petroconsultants Limited of Nigeria will pay $18 million to acquire the Noble Don Walker, also in early 2013.

link

The article Noble Nabs $79 Million in Sales of 2 Drilling Units originally appeared on Fool.com.

Fool contributor Rich Smith has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners