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Marathon Oil Announces Eagle Ford Acquisition

PR Newswire - Press Release

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Expanding Basin Scale with Financial and Inventory Accretion

HOUSTON, Nov. 2, 2022 /PRNewswire/ -- Marathon Oil Corporation (NYSE:MRO) announced it has entered into a definitive purchase agreement to acquire the Eagle Ford assets of Ensign Natural Resources for total cash consideration of $3.0 billion. The transaction is subject to customary terms and conditions, including closing adjustments, and is expected to close by year-end 2022.

Read more at prnewswire.com

Related Symbols

Symbol Last Chg %Chg
MRO 28.55 -0.37 -1.28%
Marathon Oil Corp

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