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  • Marathon Oil Receives Stockholder Approval for Proposed Merger with ConocoPhillips
    édité le 30/08/2024 - Plus de news de "Marathon Oil" - Voir la fiche entreprise de "Marathon Oil"


Marathon Oil Receives Stockholder Approval for Proposed Merger with ConocoPhillips
Marathon Oil Corporation (Marathon Oil) announced that it received the necessary stockholder approval for Marathon Oil's pending merger with ConocoPhillips. Marathon Oil will file the vote results of the special stockholder meeting in a Form 8-K with the U.S. Securities and Exchange Commission (the "SEC"). Marathon Oil and ConocoPhillips continue to expect the transaction to close late in the fourth quarter of 2024, subject to regulatory clearance and other customary closing conditions.

About Marathon Oil

Marathon Oil (NYSE: MRO) is an independent oil and gas exploration and production (E&P) company focused on four of the most competitive resource plays in the U.S. - Eagle Ford, Texas; Bakken, North Dakota; Permian in New Mexico and Texas, and STACK and SCOOP in Oklahoma, complemented by a world-class integrated gas business in Equatorial Guinea. The Company's Framework for Success is founded in a strong balance sheet, ESG excellence, and the competitive advantages of a high-quality multi-basin portfolio.

About ConocoPhillips

ConocoPhillips (NYSE: COP) is one of the world’s leading exploration and production companies based on both production and reserves, with a globally diversified asset portfolio. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 13 countries, $95 billion of total assets, and approximately 10,000 employees at March 31, 2024. Production averaged 1,902 MBOED for the three months ended March 31, 2024, and proved reserves were 6.8 BBOE as of Dec. 31, 2023.


Origine : Communiqué Marathon Oil

Voir la fiche entreprise de "Marathon Oil"



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