Marathon Divests Noncore, Nonop Conventional US Assets
Transaction Type
Sellers
Buyers
Basin
US Gulf of Mexico; West Texas CO2 Flood Field
Announce Date
Post Date
Close Date
Estimated Price
$16.0MM
Description
Bought in separate transactions nonop Gunflint and Troika assets in the US GoM and a CO2 flood asset in W TX; combined net production for 1H 2018 was 5m000 boe/d (76% oil).
Editor's note: Announced closed in July 2018 during 2Q 2018 quarterly earnings release.