Payrock

Marathon Oil’s STACK Deal ‘Ticks All the Boxes,’ Says CEO

Marathon Oil’s STACK Deal ‘Ticks All the Boxes,’ Says CEO

Houston-based Marathon Oil Corp. agreed Monday to pay $888 million for PayRock Energy Holdings LLC, which would give it another 61,000 net surface acres and 9,000 boe/d net production in the stacked reservoirs of Oklahoma’s Anadarko Basin.

June 20, 2016