Item 7.01. Regulation FD Disclosure.
As previously disclosed, Noble Energy, Inc. (NYSE: NBL) (Noble Energy or the Company) regularly reviews its investment in Noble Midstream Partners, LP (NYSE: NBLX), and from time to time may consider and evaluate various potential transactions regarding Noble Midstream Partners, including, among other things, a sale of all or part of the Company’s interest in Noble Midstream Partners or a merger, recapitalization, asset dropdown, simplification transaction or other potential transaction involving Noble Midstream Partners. In this regard, with the assistance of its advisors, Noble Energy is conducting a review of strategic alternatives with respect to its investment in Noble Midstream Partners. The Company cautions that there can be no assurance that such review will lead to any such potential transaction, or that any such potential transaction that is pursued will be approved or consummated. The Company does not intend to disclose developments relating to its strategic review unless and until its Board of Directors has approved a specific agreement or transaction.
This disclosure contains certain “forward-looking statements” within the meaning of federal securities laws. Words such as “anticipates”, “plans”, “estimates”, “believes”, “expects”, “intends”, “will”, “should”, “may”, and similar expressions may be used to identify forward-looking statements. Forward-looking statements are not statements of historical fact and reflect Noble Energy’s current views about future events. Such forward-looking statements may include, but are not limited to, future financial and operating results, and other statements that are not historical facts, including future results of operations, projected cash flow and liquidity, business strategy and other plans and objectives for future operations. No assurances can be given that the forward-looking statements contained in this disclosure will occur as projected and actual results may differ materially from those projected. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, without limitation, the volatility in commodity prices for crude oil and natural gas, the presence or recoverability of estimated reserves, the ability to replace reserves, environmental risks, drilling and operating risks, exploration and development risks, competition, government regulation or other actions, the ability of management to execute its plans to meet its goals and other risks inherent in Noble Energy’s businesses that are discussed in Noble Energy’s most recent annual report on Form10-K, quarterly report on Form10-Q, and in other Noble Energy reports on file with the Securities and Exchange Commission (the “SEC”). These reports are also available from the sources described above. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Noble Energy does not assume any obligation to update any forward-looking statements should circumstances or management’s estimates or opinions change.
