Bus Dev: Marathon Oil – Growth, Efficiency, New Play Development
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.
Four Seasons Hotel
Houston , Texas 77010