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BRIEF-Marathon Oil announces $700 mln Northern Delaware acquisition
March 21, 2017 / 10:38 AM / 6 months ago

BRIEF-Marathon Oil announces $700 mln Northern Delaware acquisition

March 21 (Reuters) - Marathon Oil Corp:

* Marathon Oil announces $700 million Northern Delaware acquisition

* Marathon Oil Corp - Black Mountain acquisition is expected to close in Q2 2017 with an effective date of March 1, 2017

* Marathon Oil - signing of definitive agreement to acquire approximately 21,000 net surface acres largely in Permian’s Northern Delaware basin of New Mexico

* Marathon Oil Corp - “we expect to pursue additional trades and grassroots leasing” Source text for Eikon: Further company coverage:

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