Marathon Oil's reinvention focused on upstream exploration and production

Wednesday, June 25, 2014 - 10:00

Alexandra Herger, Marathon Oil (NYSE:MRO) vice president for global exploration says since the company split two years ago it has reinvented itself from being a "relatively small major integrated company with downstream refineries to being purely focussed on upstream exploration and production."

Herger says the key driver of the business is the 'unconventionals' primarily onshore.

Production is over 100,000 barrels a day from 'essentially nothing' two years ago.

Africa is a big focus for the company which is negotiating a production sharing contract in Gabon and eyeing potential in Africa's rift basins including Uganda and Sudan.

Back to previous page

United Kingdom

T: +44 20 7384 8056
Bedford House
69-71 Fulham High Street


T: +65 6590 3978
78 Shenton Way

Houston - USA

T: +1 713 353 4633
Two Allen Center, 1200 Smith Street, Floor 16, Suite 6061

Houston, TX, 77002


Lagos - Nigeria

T: +44 787 550 6366
No. 92 Oduduwa Crescent,
G.R.A., Ikeja
Lagos State

South Africa

+27 21 001 3884
Great Westerford
Corner Main Rd & Dean Street
Newlands 7700
Cape Town