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Home>Marathon Oil sees next year's capex about 20% below 2014

Marathon Oil sees next year's capex about 20% below 2014

3party Content

Wed, 17 Dec 2014

Marathon Oil Corp. (MRO) said it expects its 2015 capital expenditures budget to be about $4.3 billion to $4.5 billion, or about 20% below 2014 levels. Meanwhile, given the continuing "dynamic change" in oil prices, and the expected impact on oilfield service costs, the company said it needs extra
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