marathon oil corp (MRO:New York)
Transactions by MARATHON OIL CORP (MRO) in the last 6 months
Det Norske Oljeselskap ASA (OB:DETNOR) entered into a definitive agreement to acquire Marathon Petroleum Norge AS from Marathon Oil Corporation (NYSE:MRO) for $2.7 billion on June 1, 2014. After adjustment for debt, net working capital and interest on the net purchase price, Marathon Oil expects net proceeds of approximately $2.1 billion at closing. Det norske has secured a fully committed and underwritten acquisition loan facility for the full cash consideration. This ...
Triangle USA Petroleum Corp. agreed to acquire 46,100 Acres in Williston Basin from Marathon Oil Corporation (NYSE:MRO) and others for $120 million on May 14, 2014. The transaction will be completely financed through new senior secured second lien term loan facility. Transaction is expected to close by June 30, 2014. The acquisition will not have any material impact to Q1 fiscal year 2015 and Q2 fiscal year 2015 production and financial guidance. Jay Boudreaux, Damon ...
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