Marathon adds new proved liquid hydrocarbon and natural gas reserves in 2008 Feb 20, 2009Marathon Oil Corporation says that during 2008, the Company added net proved liquid hydrocarbon and natural gas reserves of 110 million barrels of oil equivalent (mmboe),
Marathon sets 2009 capital, investment and exploration budget Feb 4, 2009Marathon Oil Corporation declares a $5.7 billion capital, investment and exploration budget for 2009, which represents a 24 percent decrease from 2008 capital spending of $7.6 billion.
Marathon finds gas in new Oklahoma shale play Jan 7, 2009Marathon Oil Corp. announced today that it has participated in a successful step-out discovery well on the Brickyard prospect, located in the northeast area of the Anadarko Basin, targeting the Woodford Shale resource play in Canadian County, Oklahoma.
Marathon sells Irish subsidiary Dec 18, 2008Marathon Oil Corporation has entered into a definitive agreement with Star Energy Group, a wholly owned subsidiary of Petroliam Nasional Berhad
Marathon provides update on corporate separation Dec 12, 2008On July 31, 2008, Marathon Oil Corporation's Board of Directors declared that it was evaluating the potential separation of the Company into two strong
Marathon completes sale of its interests in Heimdal area Offshore Norway Nov 3, 2008Marathon Oil Corporation reports the completion of the sale of its non-operated interests in the Heimdal infrastructure
Michael E. J. Phelps elected to Marathon Oil board of directors Oct 30, 2008Marathon Oil Corporation declares that Michael E. J. Phelps has been elected to the Company's board of directors, effective Jan. 1, 2009.
Marathon awarded second Indonesian offshore exploration block Oct 23, 2008Marathon Oil Corporation says that its subsidiary, Marathon Indonesia New Ventures Limited, has been awarded a 49 percent interest and operatorship in the Bone Bay Block offshore Indonesia.
U.S. reserve disperses “hurricane” oil Oct 15, 2008The U.S. has released 630,000 barrels of oil from the country’s strategic petroleum reserve to two companies and the President has promised oil to ...
BHP, partners find Freedom in U.S. Gulf Oct 15, 2008The prolific Mississippi Canyon block in the Gulf of Mexico has turned up a discovery for the duty-holding pair of BP and BHP plus block ...
Marathon sells its 50% ownership interest in Pilot Travel Centers for $700 million Oct 2, 2008Marathon Oil Corporation has entered into a definitive agreement with Pilot Corporation under which Marathon will sell its 50 percent ownership interest in Pilot Travel Centers LLC
Marathon pledges $1.5 million to Hurricane Ike and Gustav relief efforts Sep 15, 2008Marathon Oil Corporation will contribute $1.5 million to the American Red Cross in support of Hurricanes Ike and Gustav relief efforts.
