Bus Dev: Marathon Oil – Growth, Efficiency, New Play Development

Speaker Steve Guidry - VP Business Development - Marathon Oil Corporation
Steven P. Guidry is VP of Business Development for Marathon Oil Corporation. Mr. Guidry previously served as president of Marathon Libya, Ltd. and was chairman of the Waha concessions, the largest single U.S. investment in Libya. Prior to Libya, Mr. Guidry served as regional VP for Marathon's NA Production Operations, ...

Steven P. Guidry is VP of Business Development for Marathon Oil Corporation. Mr. Guidry previously served as president of Marathon Libya, Ltd. and was chairman of the Waha concessions, the largest single U.S. investment in Libya. Prior to Libya, Mr. Guidry served as regional VP for Marathon's NA Production Operations, covering both the Lower 48 and GOM. Mr. Guidry also spent five years leading Marathon's Central Africa Business Unit, promoting both operational excellence and a number of important initiatives, including a multi-year program to eradicate malaria on Bioko Island, Equatorial Guinea. He remains a strong proponent of engagement to promote positive change. Mr. Guidry graduated from the University of Southwestern Louisiana in 1980 with a bachelor's degree in petroleum engineering and is a past chairman of the Industry Advisory Council. He is a member of SPE, served on the board of directors for the Corporate Council on Africa, the IPAA and was a member of the Upstream Committee of the API.

Full Description

Join us at the Four Seasons Hotel as Steve Guidry will update us on Marathon’s current strategy and activities with particular focus on Lower 48 opportunities. The popular format of a Business & Social Networking hour, with complimentary Hors’ D’ Oeuvres and a cash bar, followed by an hour-long program, will begin at 5:00 pm in the Mezzanine.

 

Since its creation as a solely upstream focused entity in 2011, Marathon has continued to create value growth through both its domestic and  international portfolio. Marathon’s Lower 48 activities have revolved around utilizing learnings from its established Bakken assets to rapidly grow its operations to develop its 230k net core acres of Eagle Ford, acquired primarily in its $3.5B acquisition in 2011 from Hilcorp/KKR. Marathon also has a 220k net acre legacy position in western Oklahoma, where the combination of internal prospect review and de-risking effect of industry activity will present a large inventory of additional future opportunities. How are the operational lessons of the Bakken being utilized to leapfrog efficiencies in Eagle Ford?  What have been the unexpected surprises and how were they addressed? What are Marathon’s plans for its Oklahoma assets? Will Marathon take a self-development approach or look for JV partners?  What is Marathon’s resource play strategy going forward?

 

We welcome you to join us for this informative discussion, as well as the fellowship and networking of the popular Social Hour at 5:00 pm.

When?

Wed, Apr. 24, 2013
5 p.m. - 7 p.m. America/Chicago

How Much?

A $5 donation for the SPE-GCS Scholarship Fund has automatically been added to the registration fee. Use OptOut in the Discount Code field if you do not wish to donate at this time.
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Where?

Four Seasons Hotel
1300 Lamar
Houston, Texas 77010
USA

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