Marathon Oil Co.

Transaction Type
Post Date
Estimated Price

Marathon Oil has retained Scotia Waterous to sell the Peik near-term development on the Norwegian Continental Shelf. The package includes Marathon's entire equity interests in Block 24/6a Deep containing the Peik accumulation covered by License PL 088. Lundin is operator. The Peik accumulation contains gas condensate fluids in sandstones at 4,000 meters. It is located close to a number of existing facilities and infrastructure and is covered by 3-D seismic. The data room is open. Bids are due Nov. 12. Contact Adrian Goodisman, 713-437-5050.