Monday, July 9, 2007

UPDATE 1-Marathon Oil second-quarter production declines

(Reuters) - Marathon said it estimates it sold about 336,000 boepd in
the quarter. The company estimates that exploration expenses in
the quarter were between $150 million and $180 million.




The company said that its average selling price for crude
oil for the first two months of the second quarter, as compared
to the first quarter, rose $4.95 per barrel domestically and
$9.79 per barrel internationally.


Read more at Reuters.com Market News

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