Marathon Oil (MRO -1.2%) delivers a plan for development and operation of the Boyla oil and gas...

|About: Marathon Oil Corporation (MRO)|By:, SA News Editor

Marathon Oil (MRO -1.2%) delivers a plan for development and operation of the Boyla oil and gas field in the North Sea, with a total investment of ~$800K. The field is estimated to hold 23M boe and is situated in the Alvheim area west of Haugesund on the Norwegian coast in an ocean depth of 120 meters.