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Houston-based Noble Energy Inc. (NYSE: NBL) announced May 3 it has a deal to sell oil and natural gas properties in Weld County to Denver-based Synergy Resources Corp. (NYSE: SYRG) for $505 million.

The 33,100 primarily undeveloped net acres to be sold by Noble are in the Greeley Crescent area of Weld County, part of the Denver-Julesburg (DJ) Basin of northern and eastern Colorado.

David Stover, Noble’s chairman, president and CEO, said the sale is part of the company’s “continued portfolio management…

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