Sunday, January 18, 2009

Marathon Oil Expanding Presence in U.S. Shale Plays

Ignoring the current depressed price of natural gas, Marathon Oil (MRO-$28.46) is focused on increasing its exposure to unconventional natural gas assets. Whereas smaller players are retreating from unconventional resources in the U.S., the company has added to its holdings in emerging plays in the Haynesville Shale (LA), Marcellus (PA, WV), and Woodford Shale (OK)…. Read More…

Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.

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