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Suriname

Noble Energy holds a 20 percent working interest in Block 54 offshore Suriname. In 2015, we identified the featured Araku oil prospect through evaluation of older vintage, 2-dimensional seismic data. Through evaluation of state of the art 3-D seismic data in 2016, we determined that the prospect is a four-way closure in Cretaceous-aged rocks that exhibits direct hydrocarbon indicators in multiple zones. Together with our partners, we are targeting an exploration well to test the prospect in late 2017.