Noble Energy Bids Farewell to Chief Financial Officer

Noble Energy, Inc.

Noble Energy announced today that Chris Tong, Senior Vice President and Chief Financial Officer, has decided to leave the company effective August 1, 2009. In making this announcement, Mr. Tong has indicated that he currently plans to retire in order to spend more time with his family in addition to pursuing personal interests.

Charles D. Davidson, Noble Energy's Chairman and CEO said, "Chris has provided strong leadership to our financial organization since joining Noble Energy at the beginning of 2005. At the time Chris joined our company, we were in the midst of executing a large merger and with his help that merger was completed successfully. Since then, Chris has been instrumental in preparing our financial organizations and related corporate systems for our next phase of significant growth. He has been a key member of our leadership team, and I know that I can speak for all at Noble Energy that his integrity, dedication and friendship will be missed by all of us. We wish him and his family all the best for the future."

The Company announced that a search for a successor to Mr. Tong will begin immediately.