marathon oil, page-9

Wow blurt - good research. Looks like the big betting plunge might pay off.

Go here for August 2009 exploration and production map:
http://www.marathon.com/Global_Operations/Exploration_and_Production/

Now check linkedin page to see Aussie mention. Very interesting...

However, despite all this they have drifted out to 20/1 in my market. Why I hear you all ask?

Further research suggests they bought Globex Energy in 2002 which had interests in NW shelf and received FIRB approval for the deal. Thus, it would not really be there first Australian entry.

http://www.marathon.com/News/Press_Releases/Press_Release/?id=306846

So another one might have bitten the dust. Im pretty sure that Marathon wouldnt update the page before the deal being finalised so, given we have no news from MEO, we can assume this hasnt happened yet and therefore perhaps marathon just aint the chosen one.

Petrobras firms IMO.