Skip to main content Oil Sands Mining Divestiture and Permian Basin Entry – Marathon Oil Corp Investor Presentation | Shale Experts
Loading...

Oil Sands Mining Divestiture and Permian Basin Entry – Marathon Oil Corp

Marathon Oil Corp · Mar 9, 2017 · 7 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Oil Sands Mining Divestiture and Permian Basin Entry – Marathon Oil Corp – slide 1
    Oil Sands Mining Divestiture and Permian Basin Entry March 9, 2017 1
  2. Oil Sands Mining Divestiture and Permian Basin Entry – Marathon Oil Corp – slide 2
    Transformative Portfolio Shift Exiting Canadian Oil Sands, entering the Permian basin A&D Since 2016 3.8B Substantially shifts portfolio to lower cost, Divestitures higher margin U.S. resource plays 2.5B Oil Sands Mining divestiture…
  3. Oil Sands Mining Divestiture and Permian Basin Entry – Marathon Oil Corp – slide 3
    Acquisition Summary 70,000 acres in Permian establishes foundation for new basin entry at 13,900 / acre Competes at top of MROs organic portfolio Quality Outstanding recent well performance from offset operators Primary oil targets…
  4. Oil Sands Mining Divestiture and Permian Basin Entry – Marathon Oil Corp – slide 4
    Compelling Rate of Change in Northern Delaware Industry well performance rapidly improving via enhanced completions Average Hz Well Performance (Lea & Eddy Co. NM) Northern Delaware industry well 150,000 performance consistently…
  5. Oil Sands Mining Divestiture and Permian Basin Entry – Marathon Oil Corp – slide 5
    Northern Delaware Basin Recent Well Results Greater than 75% operated, 55% avg WI on company operated CHAVES COUNTY MTDR: Airstrip State Com 201H Upper Wolfcamp IP24: 926 BOED (97% oil) 4,100 LL LEA COUNTY MTDR: Mallon 27 Fed…
  6. Oil Sands Mining Divestiture and Permian Basin Entry – Marathon Oil Corp – slide 6
    Acquisition Basis and Upside Potential Stacked pay provides multiple high quality drilling targets Northern Delaware Basin Stratigraphic Column Illustrative Well Density 5,000 of stacked pay with up to 10 target benches Brushy…
  7. Oil Sands Mining Divestiture and Permian Basin Entry – Marathon Oil Corp – slide 7
    Key Takeaways Oil Sands Mining Divestiture 2.5B Proceeds available for resource capture, organic investment & debt reduction 15x 2016 OSM operating cash flow 25% Reduction in Company expenses (production and other operating)…

From the store

Browse maps, data & reports in the Shale Experts store