Noble Midstream Announces Private Placement of Common Units

HOUSTON–(BUSINESS WIRE)–Noble Midstream Partners LP (NYSE: NBLX) (“Noble Midstream” or
the “Partnership”) today announced that it has priced a private
placement of 3,525,000 common units representing limited partner
interests of the Partnership for gross proceeds of approximately $143
million. Noble Midstream expects to use the net proceeds from the
private placement to fund a portion of the acquisition of additional
interests in Blanco River DevCo LP and Colorado River DevCo LP from
Noble Energy, Inc. The private placement is expected to close June 26,
2017 in conjunction with the closing of the acquisition, both of which
are subject to customary closing conditions.

The securities offered in the private placement have not been registered
under the Securities Act of 1933, as amended, or any state securities
laws and may not be offered or sold in the United States absent
registration or an applicable exemption from the registration
requirements of the Securities Act and applicable state securities laws.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy the securities described herein.

________________________

Contacts

Noble Midstream Partners LP
Chris Hickman
VP, Investor
Relations
(281) 943-1622
[email protected]