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1 year ago

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Marathon Oil expands South Texas position with $3 bln Ensign buy

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Marathon Oil expands South Texas position with $3 bln Ensign buy

Marathon Oil Corp said on Wednesday it had struck a deal to buy natural gas-focused assets from private equity-backed Ensign Natural Resources for $3 billion in cash, nearly doubling its position in South Texas' Eagle Ford shale basin.

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Marathon Oil expands South Texas position with $3 bln Ensign buy

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Marathon Oil expands South Texas position with $3 bln Ensign buy

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