Marathon Wins Exploration Rights in Iraq

Marathon Oil has acquired a position in four exploration blocks in the Kurdistan Region of Iraq. The Company has signed production sharing contracts (PSCs) for operatorship and an 80 percent ownership in two open blocks northeast of Erbil - Harir and Safen. The Kurdistan Regional Government will hold a fully carried 20 percent interest. Additionally, Marathon has been assigned working interests (WI) in two blocks north-northwest of Erbil - Atrush (20 percent WI) and Sarsang (25 percent WI).

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Executive Assistant
Expertise: Executive
Location: Houston, TX
 
Regional Sales Executive
Expertise: Business Development|Sales
Location: Jacksonville, FL
 
Land Representative - MCBU Midland Surface
Expertise: Landman
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $49.3/BBL 0.80%
Light Crude Oil : $46.79/BBL 0.70%
Natural Gas : $3.04/MMBtu 0.97%
Updated in last 24 hours