Tag: Marathon Oil
ConocoPhillips Completes Acquisition of Marathon Oil Corporation
ConocoPhillips announced that it has completed its acquisition of Marathon Oil Corporation.
Conocophillips To Acquire Marathon Oil Corporation
ConocoPhillips and Marathon Oil Corporation announced that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, inclusive of $5.4 billion of net debt.
Marathon Oil announces divestiture & acquisition
Marathon Oil Corporation has announced it has signed an agreement to sell its Canadian subsidiary, which includes a 20 percent non-operated interest in the Athabasca Oil Sands Project (AOSP), to Shell and Canadian Natural Resources Limited for USD $2.
Marathon Oil sets for further U.S. exploration
Marathon Oil Corporation has announced a $5.2 billion capital, investment and exploration budget for 2013. About $1.9 billion, of which is targeted to the Eagle Ford shale play in Texas.
Marathon Oil Corp becomes independent
Marathon Oil Corp has completed the spin-off of Marathon Petroleum Corp, making Marathon Oil an independent upstream company. The company will continue to be based in Houston.