Marathon Oil Releases Solomon Exploration Well Results
HOUSTON, Dec. 02, 2015 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE: MRO) announced today the Solomon exploration well in the Gulf of Mexico reached its total depth of approximately 34,600 feet on Walker Ridge Block 225 and did encounter the lower tertiary target interval. The well has been plugged and abandoned, and the rig has been released with no further activity planned on the block. Marathon Oil is the operator with a 58 percent working interest in the well. Venari holds a 22 percent working interest and Murphy holds 20 percent.
Marathon Oil Corporation is a global exploration and production company. Based in Houston, Texas, the Company had net proved reserves at the end of 2014 of 2.2 billion barrels of oil equivalent in North America, Europe and Africa. For more information, please visit the website at http://www.marathonoil.com.
Media Relations Contacts Lee Warren: 713-296-4103 Lisa Singhania: 713-296-4101 Investor Relations Contacts Chris Phillips: 713-296-3213 Zach Dailey: 713-296-4140