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Marathon Oil Announces STACK Acquisition

Houston, June 20, 2016 — Marathon Oil Corporation announced the signing of a definitive purchase and sale agreement to acquire PayRock Energy Holdings, LLC (“PayRock”), a portfolio company of EnCap Investments, for $888 million. PayRock has approximately 61,000 net surface acres and current production of 9,000 net barrels of oil equivalent per day (boed) in […]

June 21, 2016 Read More