You are way behind the news. Wake up!
Email from Dave:
As commodity prices continue to fluctuate.... our capital emphasis over the next several years will be on high return U.S. onshore activity. Our exploration and geoscience will be focused on increasing our US onshore value.
I (Dave Stover) anticipate our exploration drilling activity will be minimal .... while we concentrate on a few areas that could yield at least one new core position in the future. Unfortunately, the streamlining of our exploration program will result in a reduction in force.... This reduction will be primarily in the exploration organization and, on a more limited basis, in some functional groups that support exploration. I expect that individuals in affected positions will be notified by mid-November.
be safe..... lots of love.... we are great....
Dave Stover
Also in Houston Chronicle; http://fuelfix.com/blog/2016/09/29/noble-energy-warns-workers-of-layoffs-to-come/