Marathon Oil Corporation (MRO) is an independent international energy company engaged in exploration and production, oil sands mining and integrated gas. Marathon Oil's integrated gas business adds value through the development of opportunities created by demand for natural gas. This business complements the Company's exploration and production operations and opens a wide array of investment opportunities designed to add value growth.
Marathon Oil’s exploration activities are focused on adding production to existing assets and developing potential new core areas throughout the world. Marathon Oil's production operations supply liquid hydrocarbons and natural gas to the growing world energy markets. The Company also holds ownership interests in both operated and outside-operated oil sands leases in Canada. Marathon Oil has a major leasehold position in the core of the Eagle Ford Shale formation in South Texas, Woodford resource play in the Anadarko Woodford shale program in western Oklahoma, Bakken Shale oil play in the North Dakota and Niobrara Shale play in the DJ Basin in southeastern Wyoming.