Marathon: No Production Impact from Precautionary Evacuation

LONDON (Dow Jones Newswires), August 18, 2008

Marathon Oil Corp. said it has evacuated some non-essential personnel from platforms it operates in the Gulf of Mexico as a precaution due to Tropical Storm Fay, but says that production has not been affected.

The company could not provide details of the number of staff evacuated, nor when personnel could be expected to return to the facilities.

Marathon spokesman Paul Weeditz said that while indications point to Fay crossing the western Florida coastline, the company would continue to monitor the storm's path.

In its 8 a.m. EDT advisory, the U.S. National Hurricane Center said Fay was about 80 miles east of Havana, Cuba and about 100 miles south-southeast of Key West, Florida.

Fay is expected to continue moving toward the north-northwest for the next 24 hours with a turn to the north expected Tuesday. The center of Fay should be emerging into the Florida straits during the next few hours and be very near the Florida Keys Monday night, the NHC said. 

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