EAGLE FORD ACQUISITION Expanding Basin Scale with Financial and Inventory Accretion November 2, 2022
Marathon Oil Announces Material Eagle Ford Acquisition Striking the right balance between immediate cash flow accretion and future development opportunity This acquisition in the core of the Eagle Ford satisfies every element of our…
Compelling Strategic Rationale Fully consistent with disciplined acquisition criteria and Return of Capital Framework Financial Accretion Return of Capital Accretion 17% accretive to 2023E operating cash flow1 Remain committed to…
Expanding Eagle Ford Scale with Financial and Inventory Accretion Nearly doubling Basin net acreage position through Ensign Natural Resources acquisition Strategic Rationale Eagle Ford Metrics Marathon Oil Marathon Ensign Pro-Forma…
Inventory Life Accretive with Locations that Immediately Compete Ensign inventory is among the most capital efficient in the Lower 48 Marathon Oil Ensign (ENR) Delivering Top Tier Eagle Ford Productivity Ensign Natural Resources…