Shell Completes Divestment of Oil Sands Interests in Canada Jun 2, 2017Royal Dutch Shell plc has announced the completion of two previously announced agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources...
Marathon Oil Announces Northern Delaware Acquisition Mar 22, 2017Marathon Oil Corporation has announced the signing of a definitive agreement to acquire approximately 21,000 net surface acres largely in the Permian’s Northern Delaware basin of New Mexico...
Marathon Oil Announces Canadian Oil Sands Divestiture and Permian Basin Acquisition Mar 10, 2017Marathon Oil Corporation has announced it has signed an agreement to sell its Canadian subsidiary, which includes the Company’s 20% non-operated interest in the Athabasca Oil Sands Project (AOSP)...
Marathon Oil Appoints Executive Vice President and Chief Financial Officer Feb 24, 2017Marathon Oil Corporation has announced that Dane Whitehead has been appointed executive vice president and chief financial officer...
Marathon Oil Sells Non-Operated Conventional Assets Oct 4, 2016Marathon Oil Corporation has announced that the company has signed an agreement for the sale of certain non-operated CO
2 and waterflood assets...
Marathon Oil Announces First Gas from Alba B3 Compression Platform Jul 15, 2016Marathon Oil Corporation has announced that it has achieved first gas production through its new Alba B3 offshore compression platform off Equatorial Guinea.
Marathon Oil STACK Acquisition Jun 21, 2016Marathon Oil Corporation has announced the signing of a definitive purchase and sale agreement to acquire PayRock Energy Holdings, LLC...
Marathon Oil to Divest Non-Core Assets Apr 12, 2016Marathon Oil Corporation has announced that it has signed agreements for the sale of certain non-core assets for USD 950 million, bringing the total to approximately...
Marathon Oil plug and abandon Solomon exploration well Dec 4, 2015Marathon Oil Corporation says that the Solomon exploration well in the Gulf of Mexico reached its total depth of approximately 34,600 feet on Walker Ridge Block 225 and did encounter the lower tertiary target interval.
Vice President of Operations Services for Marathon Oil Corporation to retire Nov 20, 2015Marathon Oil Corporation says that Michael J. Stover, currently vice president of Operations Services, has elected to retire effective Nov. 30 following nearly 30 years of service.
Marathon Oil elects new member to Board of Directors Sep 25, 2015Marathon Oil Corporation says that Gaurdie E. Banister, Jr., has been elected to the Company's board of directors, effective Oct. 1, 2015.
Marathon Oil reports second quarter 2015 results Aug 7, 2015Marathon Oil Corporation reported a second quarter 2015 adjusted net loss of $155 million, or $0.23 per diluted share, excluding the impact
ASCO secures North Sea contract win with Marathon Oil Jun 19, 2015ASCO has secured a services contract for work in the North Sea with Marathon Oil UK, which is worth more than $75 million. Commencing in July 2015,
Marathon Oil provides update on 2015 capital budget Dec 18, 2014Marathon Oil Corporation anticipates its 2015 capital, investment and exploration budget will be approximately $4.3-4.5 billion, or about 20 percent lower
Marathon Oil makes Jisik discovery in the Kurdistan Region of Iraq Dec 2, 2014Marathon Oil Corporation, through its wholly owned subsidiary Marathon Oil KDV B.V., announced that the Jisik-1 exploration well has discovered