| Marathon Oil Corporation (Marathon Oil) is an international energy company engaged in exploration and production, oil sands mining and integrated gas. The Company has a portfolio of assets of crude oil production with exploration upside. The Company's operations are located in North America, Europe and Africa. Marathon Oil's exploration activities are focused on adding production to existing core areas and developing new core areas. Marathon Oil's production operations supply liquid hydrocarbons and natural gas to the world energy markets. The Company also holds ownership interests in both operated and outside-operated oil sands leases. On November 1, 2011, it acquired Hilcorp Resources Holdings, LP. On June 30, 2011, the spin-off of the downstream (Refining, Marketing and Transportation) business was completed, creating two independent energy companies: Marathon Oil Corporation (Marathon Oil) and Marathon Petroleum Corporation (MPC). |
