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Marathon Oil to sell $950 million of non-core assets

Oil and natural gas producer Marathon Oil Corporation said it has reached an agreement to sell certain non-core assets for $950 million, bringing its total sales through divestitures to about $1.3 billion since last August.

Marathon said it will divest all of its Wyoming upstream and midstream assets for $870 million.

The company had surpassed its targeted range of $750 million to $1 billion in non-core asset sales, Chief Executive Lee Tillman said.

The material has been provided by InstaForex Company – www.instaforex.com

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Marathon Oil to sell $950 million of non-core assets Reviewed by on . Oil and natural gas producer Marathon Oil Corporation said it has reached an agreement to sell certain non-core assets for $950 million, bringing its total sale Oil and natural gas producer Marathon Oil Corporation said it has reached an agreement to sell certain non-core assets for $950 million, bringing its total sale Rating:
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