Marathon Oil Reports First Quarter 2018 Results
High-Return U.S. Oil Production Up 9% Sequentially HOUSTON , May 02, 2018 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE:MRO) today reported first quarter 2018 net income of $356 million , or $0.42 per diluted share, which includes the impact of certain items not typically represented in an ...Total Acquires a 16.33% Stake in the Waha Concessions in Libya
Paris - Total has acquired Marathon Oil Libya Limited which holds a 16,33% stake in the Waha Concessions in Libya. This acquisition will give Total access to reserves and resources in excess of 500 million barrels of oil equivalent, with immediate production of around 50.000 barrels of oil equiva ...Marathon Oil Announces Libya Divestiture for $450 Million
HOUSTON, March 02, 2018 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE: MRO) announced today it has signed and closed on the sale of its subsidiary, Marathon Oil Libya Limited, which holds the Company's 16.33 percent non-operated interest in the Waha concessions in Libya, to a subsidiary of Tot ...4th Annual Data Driven Drilling and Production Conference 2018
Where Sillicon Valley and Oil and Gas Meet 500+ Attendies | 40% Operator Attendance | 60+ Speakers | 30 Sessions | 40 Exhibitors With an estimated global value of $31 billion by 2020, the digital oilfield is the oil & gas industry's hotbed of innovation. From drilling optimization to predictiv ...30 May 2018
HOUSTON (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE:MRO) has announced a $2.3 billion returns-driven development capital budget for 2018, which is self-funding at $50 average WTI, including dividends, and generates meaningful free cash flow at $60 average WTI. More than 90 percent will be d ...Junior E&P Begins Drilling in Oklahoma's STACK in Area with Monster Well Potential
A junior E&P with prime land in Oklahoma's STACK play uses a land swap to jump-start its drilling in an area that is seeing off-the-charts production as oil prices continue to rise. The STACK play in Oklahoma remains one of the hottest areas of oil production in the U.S. The acronym stands f ...Marathon Oil Announces $1 Billion Gross Debt Reduction
Marathon Oil Corporation (NYSE: MRO) announced today that it has entered into a transaction to redeem at par the outstanding $1 billion of 5.125 percent municipal revenue bonds due in 2037. This transaction will reduce gross debt by $1 billion and annual cash interest expense by $51 million while p ...Marathon Oil Reports Third Quarter 2017 Results
Strong Sequential Oil Growth Continues with Resource Plays up 14%; Outstanding Execution Drives Full-Year 2017 Production Guidance Higher and CapEx Lower Marathon Oil Corporation (NYSE:MRO) today reported a third quarter 2017 net loss of $599 million, or $0.70 per diluted share, which includes the ...Marathon Oil Provides Post Harvey Operational Update
Marathon Oil Corporation (NYSE:MRO) today announced that the Company expects third quarter 2017 U.S. E&P production available for sale to average toward the high end of its guidance of 230,000 to 240,000 net barrels of oil equivalent per day (boed), despite the temporary impacts experienced from Hu ...Marathon Oil Announces $700 Million Northern Delaware Acquisition
Total Permian Position Now Over 90,000 Net Acres Houston, March 21, 2017 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE: MRO) announced today 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 f ...
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