Noble will report a loss of $1.2B in Q3.

https://sg.finance.yahoo.com/news/noble-group-sell-oil-liquids-business-vitol-580-001536214--finance.html

Q2 2017 = $1.75B loss
Q3 2017 = $1.2B loss

How long do you think Noble can last after losing close to $3B in just 2 quarters?

The cash proceeds from this sale will be $580M which are still much lesser than its debt of more than $3B.

Noble is burning cash pretty fast!