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A&D - Marathon spends $329MM on Eagle Ford bolt-on, new Permian play - November 2019
Q3 earnings information released by Marathon Oil revealed accelerated and wideranging dealmaking in support of the company’s resource capture strategy in the US onshore sector. This activity included a bolt-on of mostly undeveloped acreage in the Eagle Ford, the establishment of a new oil play in the southern Delaware Basin and an exploration JV with Norway’s Equinor in the nascent Louisiana Austin Chalk play. The acquisitions—combined with exploration, acreage swaps mostly in the northern......
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