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Noble Sues Pacific Energy Over $1.1M Oil Deal

Law360, New York (June 04, 2009) -- Noble Energy Inc. has filed an adversary complaint against bankrupt Pacific Energy Resources Ltd., accusing the company of failing to make good on its obligation to pay Noble up to $1.1 million under a deal related to offshore oil and gas interests.

The complaint, filed Wednesday in the U.S. Bankruptcy Court for the District of Delaware, is seeking a declaration that Noble is the owner of the reversed production payment at the...

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