Marathon’s $3.6 Billion A&D Swaps Oil Sands For Delaware Pay Dirt

Transaction Type
Basin
Permian, Delaware
Announce Date
Post Date
Close Date
Estimated Price
$1,100.0MM
Description

Acquired about 70,000 net surface acres in the Permian Basin; includes 51,000 acres in the N Delaware Basin of NM and current production of about 5,000 net boe/d.

Marathon’s $3.6 Billion A&D Swaps Oil Sands For Delaware Pay Dirt