Noble Energy, Inc. (NYSE:NBL) agreed to acquire 7,200 net acres in Southern Delaware Basin in Reeves County, Texas for approximately $220 million on November 30, 2016. Funding for the purchase price came from cash in hand. Noble Energy, Inc. (NYSE:NBL) completed the acquisition of 7,200 net acres in Southern Delaware Basin in Reeves County, Texas for the purchase price of approximately $300 million on January 9, 2017.