NOBLE ENERGY INC

CUSIP: 655044105 Class: COM

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016
Shares 20,400 Value ($000) $641 Avg Close — Range —
Q4 2015
Shares 20,400 Value ($000) $672 Avg Close — Range —
Q3 2015
Shares 20,400 Value ($000) $616 Avg Close — Range —
Q2 2015
Shares 20,400 Value ($000) $871 Avg Close — Range —
Q1 2015
Shares 20,400 Value ($000) $998 Avg Close — Range —
Q4 2014
Shares 16,000 Value ($000) $759 Avg Close — Range —
Q3 2014
Shares 16,000 Value ($000) $1,094 Avg Close — Range —
Q2 2014
Shares 16,000 Value ($000) $1,239 Avg Close — Range —
Q1 2014
Shares 16,900 Value ($000) $1,201 Avg Close — Range —
Q4 2013
Shares 16,900 Value ($000) $1,151 Avg Close — Range —