Marathon Oil (MRO) says it is in discussions concerning a potential sale of a portion of its 20%...

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

Marathon Oil (MRO) says it is in discussions concerning a potential sale of a portion of its 20% outside-operated interest in the Athabasca Oil Sands Project in Alberta, as it anticipates $1.5B-$3B in divestitures during 2011-13. MRO so far has entered into agreements for ~$1.1B in divestitures, not including a potential Athabasca deal. MRO +0.9% premarket.