One-Page Deal Sheet
Marathon to Shed 10% W.I. in Angola Block
Sinopec Marathon Oil Corp
Announced Date
June 25,2013
Effective Date
January 01,2013
Transaction Type
Farm-In/Farm Out
Enterprise Value (EV)($MM)
1500
Asset/Basin:
{"Lower Congo Basin"}
Location
Country
Angola
Transaction Details: Subscribe to see
Marathon Oil Corporation has reported that its subsidiary, Marathon International Oil Angola Block 31 Limited, has entered into a definitive agreement to sell its 10 percent working interest in the Production Sharing Contract and Joint Operating Agreement in Block 31 offshore Angola to SSI Thirty-One Limited (Sonangol Sinopec International).
The transaction has a total value of approximately $1.5 billion, excluding any purchase price adjustments at closing. The companies anticipate closing the transaction in the fourth quarter of 2013, with an effective date of Jan. 1, 2013.
The transaction…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
-  |
- |
Click here | Texas | E&P |
| Feb-26-2026 |
- |
- |
Click here | E&P | |
| Feb-18-2026 |
- |
- |
Click here | Texas | E&P |
| Feb-17-2026 |
- |
- |
Click here | Oklahoma | E&P |
| Feb-02-2026 |
- |
- |
Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-26-2026 | Diversified Energy Extends East Texs Footprint in $245MM Sheridan Deal | -
|
3,267 |
| Feb-18-2026 | SM Energy Sells Eagle Ford Asset for $950 Million | -
|
15,574 |
| Feb-17-2026 | Ovintiv Sells Anadarko Assets for $3 Billion | -
|
8,333 |