Clayton W. Williams, Jr., Chairman and CEO of Clayton Williams Energy, stated, “I am very proud of the company we have built over the past 25 years and I am pleased that Noble Energy will be leading the development of our properties going forward. Noble Energy’s long track record of operational excellence and value creation, as well as its reputation as a tremendous corporate citizen, make it the ideal partner for us. We look forward to being shareholders of Noble Energy and benefiting from its world class asset portfolio.” Closing is expected in the second quarter of 2017 and is subject to customary regulatory approvals, approval by the holders of a majority of Clayton Williams Energy common stock, and certain other conditions. Clayton Williams is a large West Texas land owner with a ranch just north of Alpine.
http://www.newswest9.com/story/34270474/noble-energy-to-acquire-clayton-williams-energy-for-27b
