Friday 6 May 2016

Marathon Oil sees North American decline


OIL AND GAS
Marathon Oil sees North American decline Houston (UPI) May 5, 2016 - Marathon Oil Corp. said its first quarter production was in line with its expectations, though downside risks may evolve from North American operations. Total net production for the first quarter of around 388,000 barrels of oil equivalent per day was in line with the upper end of the company's guidance. Marathon last year sold off some of its acreage in the Gulf of Mexico for $2 ... more

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