Marathon latest to take hit on low oil prices
Houston (UPI) Nov 4, 2014 - Marathon Oil said in its quarterly report double digit production growth from North American shale basins wasn't enough of a buffer against low oil prices. In Oklahoma, Marathon reported third quarter shale production of 19,000 barrels of oil equivalent per day, an increase of 27 percent year-on-year. Its best well for the quarter was in the emerging South Central Oklahoma Oil Province, ... more
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