Noble Energy Announces Second Natural Gas Discovery Offshore Israel at Dalit

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Mon Mar 30, 2009 9:01am EDT

HOUSTON, March 30 /PRNewswire-FirstCall/ -- Noble Energy, Inc. (NYSE: NBL)
announced today a natural gas discovery at the Dalit prospect in the Michal
license, offshore Israel.  Located in approximately 4,500 feet of water and 30
miles offshore, the well was drilled to a depth of 12,000 feet.  Formation
logs identified more than 110 feet of net pay in a high-quality reservoir. 
Dalit represents the Company's second subsalt, lower-Miocene discovery in the
underexplored Levantine basin.  

Charles D. Davidson, Noble Energy's Chairman, President and CEO, said, "With
the successes at Tamar and Dalit, we have potentially opened up a substantial
new resource basin, where we have an interest in about three million gross
acres.  We are moving forward with development plans to bring first production
to Israel from this new region in 2012.  At the same time, we continue to
remain focused on the vast exploration potential remaining, and we plan to
conduct new 3D seismic later this year over various leads in our other
licenses in the area.  Based on results from the seismic program, we could see
further exploration in the region starting in the second half of 2010."

Production testing will be performed at Dalit after the well is completed. 
Subsequent to testing, the rig will return to the Tamar discovery in the Matan
license to drill an appraisal well designed to better define the resources of
Tamar.  

Noble Energy operates both the Michal and Matan licenses with a 36 percent
working interest.  Other interest owners are Isramco Negev 2 with 28.75
percent, Delek Drilling with 15.625 percent, Avner Oil Exploration with 15.625
percent and Dor Gas Exploration with the remaining four percent. 

Noble Energy is a leading independent energy company engaged in worldwide oil
and gas exploration and production.  The Company operates primarily in the
Rocky Mountains, Mid-Continent, and deepwater Gulf of Mexico areas in the
United States, with key international operations offshore Israel, UK and West
Africa.  Noble Energy is listed on the New York Stock Exchange and is traded
under the ticker symbol NBL.  Visit Noble Energy online at
www.nobleenergyinc.com.

This news release may include projections and other "forward-looking
statements" within the meaning of the federal securities laws.  Any such
projections or statements reflect Noble Energy's current views about future
events and financial performance.  No assurances can be given that such events
or performance will occur as projected, and actual results may differ
materially from those projected.  Risks, uncertainties and assumptions that
could cause actual results to differ materially from those projected 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
action, the ability of management to execute its plans to meet its goals and
other risks inherent in Noble Energy's business that are detailed in its
Securities and Exchange Commission filings.  Words such as "anticipates,"
"believes," "expects,"  "intends," "will," "should", "may," and similar
expressions may be used to identify forward-looking statements.  Noble Energy
assumes no obligation and expressly disclaims any duty to update the
information contained herein except as required by law.




SOURCE  Noble Energy, Inc.

David Larson, +1-281-872-3125, dlarson@nobleenergyinc.com, or Brad Whitmarsh,
+1-281-872-3187, bwhitmarsh@nobleenergyinc.com, both of Noble Energy
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