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Noble Energy announces organizational, executive leadership changes

HOUSTON -- Noble Energy today announced that it has revised its organizational structure to support the material growth it is anticipating over the next several years, as well as to continue the development of its senior leadership team. The new organizational structure has been designed to better align business units with common activities.

Charles D. Davidson, Noble chairman and CEO, said he expects the company to double in size within five years, and the changes in leadership structure are intended to support this projected growth.

The new structure includes three major operating regions: U.S. Onshore, Eastern Mediterranean, and U.S. Gulf of Mexico (GOM), Africa and Frontier. Included in the U.S. Onshore region will be the company' s unconventional horizontal developments in the Marcellus shale and DJ basin. The Eastern Mediterranean includes Tamar, which has recently come on stream, and covers several future projects being planned for offshore Israel and Cyprus. The combined U.S. GOM, Africa and Frontier region allows Noble to focus on its deepwater operations, while preparing for the impacts of predicted exploration success in the new areas it will be testing.

Other significant changes include the creation of a Global Operations Services organization and a Corporate Development group. In addition, two senior advisory positions to the CEO and COO have been established to work with the new leadership teams.

Gary W. Willingham, previously vice president of Strategic Planning, Environmental Analysis and Reserves, will serve as senior vice president for the U.S. Onshore region. J. Keith Elliott, previously vice president of Operations Services, will serve as senior vice president for the Eastern Mediterranean region. Susan M. Cunningham, previously senior vice president of Exploration and Business Innovation, will serve as senior vice president for the U.S. GOM, Africa and Frontier region. She will continue to also lead the Company' s business innovation initiatives.

Willingham, Elliott and Cunningham will all directly report to David L. Stover, president and COO. John T. Lewis, previously vice president of the Southern Region, will serve as senior vice president for Corporate Development and will report to Davidson. Charles J. "Chip" Rimer, previously vice president, West Africa, will serve as senior vice president for Global Operations Services and will report to Stover. Rodney D. Cook, previously senior vice president International and Ted D. Brown, previously senior vice president Northern Region, will serve as senior vice presidents and advisors to the president and the CEO.



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