Marathon Oil signs agreement for divestiture of Gulf of Mexico assetsStaff writer ▼ | November 10, 2015
Marathon Oil has signed an agreement for the sale of its operated producing properties in the greater Ewing Bank area and non-operated producing interests in the Petronius and Neptune fields in the Gulf of Mexico for $205 million.
Energy business Marathon Oil will retain its interests in certain producing assets
Marathon Oil will retain its interests in certain other producing assets and acreage in the Gulf of Mexico, as well as its interests in the Gunflint development and Shenandoah discovery. ■