Marathon Oil Corporation Mergers and Acquisitions


Marathon Oil Corporation

5555 San Felipe Street
Houston, TX 77056-2725
United States
Tel:1/713/629-6600
URL: http://www.marathon.com
Formerly known as:
USX-Marathon Group
USX Corp, Marathon Oil Co
Primary Symbol & Exchange:
MRO - Common Stock - New York Stock Exchange
Industry:
Oil & Gas
Marathon Oil Corporation Company Snapshot

Marathon Oil Corporation Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Marathon Oil Corporation M&A History


Investor Group acquires a minority stake in Marathon International from Marathon Oil Corp (pending) Investor Group acquires a minority stake in  Marathon International from Marathon Oil Corp (pending)Jul 17, 2009

ANGOLA - An investor group, comprised of Chinese state- owned China National Offshore Oil Corp {CNOOC} and China Petrochemical Corp {Sinopec}, agreed to acquire a ##% stake in Marathon International Petroleum Angola Block ## Ltd, an oil and gas exploration and

Vermilion Energy Trust acquires Marathon Intl Petro Hibernia from Marathon Oil Corp (pending) Vermilion Energy Trust acquires  Marathon Intl Petro Hibernia from Marathon Oil Corp (pending)Jun 24, 2009

IRELAND - Vermilion Energy Trust of Canada definitively agreed to acquire the entire share capital of Marathon International Petroleum Hibernia Ltd, a Blackrock- based oil and gas exploration and production company, from Marathon Oil Corp (Oil), for EUR ###.## mil

Apache Corp acquires Marathon Oil Corp-Permian from Marathon Oil Corp Apache Corp acquires Marathon Oil Corp-Permian from Marathon Oil CorpJun 04, 2009

US - Apache Corp acquired nine Permian Basin oil and gas properties, located in Texas, of Marathon Oil Corp, a Houston-based manufacturer, wholesaler and retailer of petroleum refined products, for USD ###.# mil.

Star Energy Group PLC acquires Marathon Oil Ireland Ltd from Marathon Oil Corp Star Energy Group PLC acquires Marathon Oil Ireland Ltd from Marathon Oil CorpApr 17, 2009

IRELAND - Star Energy Group PLC, a unit of Malaysian state-owned Petroliam Nacional Berhads {Petronas} Petronas International Corp Ltd subsidiary, acquired Marathon Oil Ireland Ltd, a Cork-based oil and gas exploration and production company, from Marathon Oil Corp, for

Marathon Indonesia New acquires a minority stake in Bone Bay Block Marathon Indonesia New acquires a minority stake in Bone Bay BlockOct 23, 2008

INDONESIA - Marathon Indonesia New Ventures Ltd, a unit of Marathon Oil Corporation acquired a ##% stake in Bone Bay Block, an oil and gas exploration company.

Marathon GTF Tech Ltd acquires a minority stake in GRT Inc Marathon GTF Tech Ltd acquires a minority stake in GRT IncJul 21, 2008

US - Marathon GTF Technology Ltd acquired a ##% stake in GRT Inc, a provider of natural gas conversion services.

Marathon Oil Corp is rumored to be seeking a buyer for Marathon Oil Co-Angolan Oil Marathon Oil Corp is rumored to be seeking a buyer for Marathon Oil Co-Angolan OilJun 30, 2008

ANGOLA - In June ####, Marathon Oil Co, a Houston-based oil and gas exploration and production company, and a unit of Marathon Oil Corp, was rumored to be seeking a buyer for a ##% stake in its Angolan oil assets.

Mac's Convenience Stores LLC acquires Speedway SuperAmerica LLC- from Marathon Oil Corp (pending) Mac's Convenience Stores LLC acquires Speedway SuperAmerica LLC- from Marathon Oil Corp (pending)Mar 19, 2008

US - Mac's Convenience Stores LLC, a unit of Alimentation Couche-Tard Inc, agreed to acquire ## stores, located in central Illinois, of Speedway SuperAmerica LLC, an owner and operator of gasoline stations and a unit of Marathon Oil Corp

Island Oil & Gas PLC acquires Marathon-Upstream Gas Assets from Marathon Oil Corp (pending) Island Oil & Gas PLC acquires Marathon-Upstream Gas Assets from Marathon Oil Corp (pending)Feb 26, 2008

IRELAND - Island Oil & Gas PLC planned to acquire the Irish Upstream Gas Assets of Marathon Oil Corp, a US-based manufacturer, wholesaler, and retailer of petroleum refined products. Terms were not disclosed.

Marathon Oil Corp acquires CITGO Petro Corp-Terminals,OH from Republic of Venezuela (pending) Marathon Oil Corp acquires CITGO Petro Corp-Terminals,OH from Republic of Venezuela (pending)Oct 22, 2007

US - Marathon Oil Corp agreed to acquire four terminals, located in Ohio, of CITGO Petroleum Corp, of CITGO Petroleum Corp, a manufacturer of fuels, lubricants, petrochemicals, refined waxes, asphalt and other industrial products, and a unit of Venezuela state-owned

Marathon Oil Corp acquires Western Oil Sands Inc Marathon Oil Corp acquires Western Oil Sands IncOct 18, 2007

CANADA - Marathon Oil Corp (MO) acquired all the outstanding common stock of Western Oil Sands Inc (WO), an oil and gas exploration and production company, in a transaction valued at #.### bil Canadian dollars ($#.### bil US), including

Marathon Oil Corp spins off WesternZagros Resources Ltd (pending) Marathon Oil Corp spins off WesternZagros Resources Ltd (pending)Jul 31, 2007

IRAQ - Western Oil Sands Inc planned to spinoff its WesternZagros Resources Inc unit, an oil and gas exploration and production company, to its shareholders.

FSB GmbH acquires Finow Verwaltungs- und Service from Marathon Oil Corp FSB GmbH acquires Finow Verwaltungs- und Service from Marathon Oil CorpNov 02, 2006

GERMANY - Finow Stahl Beteiligungsgesellschaft GmbH acquired Finow Verwaltungs- und Service GmbH, a Regensburg-based manufacturer of steel products, from US Steel Kosice sro, a unit of Marathon Oil Corp.

Marathon Oil Corp acquires PDC-Leasehold,Colorado from Petroleum Development Corp Marathon Oil Corp acquires PDC-Leasehold,Colorado from Petroleum Development CorpJul 20, 2006

US - Marathon Oil Corp (MO) acquired the leasehold, located in Grand Valley, Garfield County, Colorado, of Petroleum Development Corp, an oil and gas exploration and production company, for $### mil in cash. The transaction included an estimated #### acres of

PRB Energy Inc acquires Pennaco Energy Inc-Coal Bed from Marathon Oil Corp PRB Energy Inc acquires Pennaco Energy Inc-Coal Bed from Marathon Oil CorpJun 30, 2006

US - PRB Energy Inc acquired ### coal-bed methane wells, located in Powder River Basin, Wyoming, of Pennaco Energy Inc, an oil and gas exploration and production company, and a unit of Marathon Oil Corp's Marathon Oil Co subsidiary.

OOO LUKOIL-Western Siberia acquires Marathon Oil Corp-Oil from Marathon Oil Corp OOO LUKOIL-Western Siberia acquires Marathon Oil Corp-Oil from Marathon Oil CorpJun 02, 2006

RUSSIA - OOO LUKOIL-Western Siberia, a wholly-owned unit of OAO LUKoil Holdings AG, acquired the oil exploration and production businesses, located in the Khanty Mansiyak region, of Marathon Oil Corp of the US, a manufacturer, wholesaler, and retailer of

Centurion Energy International acquires Marathon Petroleum-El Manzala from USX-Marathon Group Centurion Energy International acquires Marathon Petroleum-El Manzala from USX-Marathon GroupMay 02, 2006

EGYPT - Centurion Energy International acquired the remaining ##% interest in the El Manzala Concession, located in the Nile Delta, from Marathon Petroleum of the US, for ###.### mil Egyptian pounds (##.### mil Canadian dollars/$##.### mil US

Marathon Intl Petro Ireland acquires Seven Heads Oil & Gas Fields from Ramco Energy PLC Marathon Intl Petro Ireland acquires Seven Heads Oil & Gas Fields from Ramco Energy PLCFeb 02, 2006

IRELAND - Marathon International Petroleum Ireland Ltd, a unit of Marathon Oil Corp's Marathon Oil Co subsidiary, acquired an ##.#% interest in Seven Heads Oil & Gas Fields (SH), an oil and gas exploration and production company, for #.###

Enbridge Inc acquires Marathon Gas Transmission Inc from Marathon Oil Corp Enbridge Inc acquires Marathon Gas Transmission Inc from Marathon Oil CorpOct 03, 2005

CANADA - Enbridge Inc acquired Marathon Gas Transmission Inc (MG), a gas utility, from Marathon Oil Co, a unit of Marathon Oil Corp. Terms were not disclosed. The transaction included MG's ##.##% stake in Neptune Pipeline Co LLC.

Marathon Oil Corp acquires Ashland Inc-Maleic Anhydride from Ashland Inc Marathon Oil Corp acquires Ashland Inc-Maleic Anhydride from Ashland IncJun 30, 2005

US - Marathon Oil Corp (MO) acquired the maleic anhydride business of Ashland Inc (AI), a manufacturer and wholesaler of petroleum products, for an estimated $## mil. The transaction was to include a plant, located in Neal, West Virginia, and ##

Marathon Oil Corporation M&A Summary


Marathon Oil Corporation has made 31 acquisitions while taking stakes in 15 companies. Marathon Oil Corporation has 78 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009002
2008020
2007100
2006114
2005203
2004000
2003204
2002302
2001312
2000111
1999303
1998301
1997146
1996014
1995004
1994304
1993013
1992010
1991003
1990115
1989105
1988203
1987112
19861010
1985001
1984115
1983000
1982101
Total311578

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