This year will be another year of “differentiated execution” for Marathon Oil, said chairman, president and CEO Lee Tillman. The company plans to spend $2.4 billion on capex this year, down 11% YOY, across its various plays. Development capital will comprise $2.2 billion, or 9% less YOY, with 70% of it going to the Eagle Ford and Bakken compared with 60% in 2019. Exploration spending will come in at $200 million, mainly exploration and......
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