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Marathon Oil (MRO +2.9%) reportedly is exploring a sale of ~30% of a venture that comprises the...

Marathon Oil (MRO +2.9%) reportedly is exploring a sale of ~30% of a venture that comprises the bulk of its Gulf of Mexico assets, and is gauging the interest of several potential buyers in Asia. The stake sale may raise up to $1B; the company says it wants to sell $1.5B-$3B in assets over the next two to three years to reinvest in core operations.
Comments (2)
  • Deal Gun Loaded! Hello Bakken!
    2 Nov 2011, 12:01 PM Reply Like
  • Oh yeah, Long MRO! & Bakken PLayers!
    2 Nov 2011, 12:02 PM Reply Like
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