Marathon Oil Issues Update on Asset Divestiture, Says Ended Talks with Possible Purchaser


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


As previously announced, MarathonOil Corporation (NYSE: MRO) had engaged in discussions with respect to apotential sale of a portion of the Company's 20 percent outside-operatedinterest in the Athabasca Oil Sands Project (AOSP) in Alberta, Canada.  Anagreement was not reached with the prospective purchaser and negotiations havebeen terminated. Marathon Oil is not engaged in further discussions with respect to a potentialsale of these assets; however, the Company will continue to evaluate ways tooptimize its portfolio for profitable growth and to deliver value toshareholders.  As such, the Company's stated goal of divesting between $1.5billion and $3 billion in assets over the period of 2011 through 2013 remainsintact. As of May 22, 2013, Marathon Oil has agreed upon or closed onapproximately $1.3 billion in divestitures.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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