Marathon Oil Corporation

Based in Houston, Texas, the Company has a strong portfolio of assets delivering defined growth leveraged to crude oil production with exploration upside. The Company's operations are located in the United States, Angola, Canada, Equatorial Guinea, Indonesia, Iraqi Kurdistan Region, Libya, Norway, Poland and the United Kingdom.

Exploration and Production

Marathon's exploration activities are focused on adding pro?table production to existing core areas and developing potential new core areas. Marathon's production operations supply liquid hydrocarbons and natural gas to the growing world energy markets. Worldwide production operations are currently focused in North America, Africa and Europe. The Company also holds ownership interests in both operated and outside-operated oil sands leases in Canada that could be developed using in-situ methods of extraction.

Oil Sands Mining

Marathon owns a 20 percent outside-operated interest in the Athabasca Oil Sands Project (AOSP), which includes the existing Muskeg River and Jackpine mines, the Scotford Upgrader, and additional prospective acreage in Alberta, Canada. These assets give Marathon access to stable, long-life Organisation for Economic Cooperation and Development (OECD) production.

Integrated Gas

Marathon's integrated gas business adds value through the development of opportunities created by demand for natural gas. This business complements the Company's exploration and production operations and opens a wide array of investment opportunities designed to add sustainable value growth.