Marathon Oil Names New Senior VP of Business Development

Marathon Oil says that David E. Roberts, Jr., will be joining Marathon as senior vice president of Business Development. Roberts currently serves as executive vice president/managing director for BG Group with responsibility for Asia and the Middle East.

"We are very pleased to welcome Dave Roberts to Marathon," said Marathon President and CEO Clarence P. Cazalot, Jr. "His extensive skills and comprehensive experience in the oil and gas industry will prove extremely valuable to Marathon as we look to identify and capture new opportunities that provide a strategic fit to the Company's upstream, downstream and integrated gas businesses."

Roberts has been a member of BG Group's executive management since 2003 with responsibility for operations and business interests in Asia (Kazakhstan, India and Pacific Rim) and the Middle East. Additionally, as the senior partner's representative in a four-party joint venture (BG, ENI, ChevronTexaco and Lukoil); he oversaw the $4 billion Karachaganak development in Kazakhstan.

Prior to joining BG, Roberts served as advisor to the vice chairman of ChevronTexaco Corporation (now Chevron Corporation) from 2001 to 2003 following the merger of Chevron and Texaco in October 2001. As advisor to the vice chairman, he provided strategic and operational advice to executive management regarding the Company's upstream operations.

In 1999, Roberts was named director of strategic management for Texaco's Worldwide Upstream operations where he was responsible for the strategic direction, planning and performance management for the Company's worldwide upstream business.

He was promoted to regional manager in 1997 to oversee the tactical and strategic direction and operational performance of all activities associated with the Kern River (Calif.) and California basins business units for Texaco's North America production business. Immediately prior, Roberts was the regional manager of planning, portfolio management and new business development.

Roberts held numerous engineering assignments of increasing responsibility from 1983 to 1996 and provided operational advice to senior management throughout Texaco's North American oil and gas operations.

Roberts graduated from the University of Alabama in 1983 with a bachelor of science degree in mineral engineering. In his new position, he will be located at Marathon's Houston headquarters.


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