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Noble Energy to buy Rosetta Resources in $2.1 billion deal
Noble Energy will acquire Rosetta Resources in an all stock transaction valued at about $2.1 billion, adding roughly 50 000 net acres in the Eagle Ford Shale and 56 000 in the Permian Basin to its portfolio. The tie up is expected to lift per share production and earnings immediately as sector consolidation gains momentum amid lower oil prices. Suspect's mom points out drug problem HATTIESBURG MISS Marvin Banks faces capital murder charges in the killings of two Mississippi police officers as his girlfriend and brother are charged as accessories and a friend faces an obstruction count. Banks mother Mary Smith said he had been ill and acting strangely and had been using spice and other drugs. Banks is accused of shooting officers Benjamin Deen and Liquori Tate after Deen was shot in the face and Tate in the back.