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Latest Marathon Oil Stories

2011-08-18 12:17:00

HOUSTON, Aug. 18, 2011 /PRNewswire/ -- Houston attorney John Kim of The Kim Law Firm is representing two plaintiffs against Marathon Oil Company based on the company's alleged failure to pay royalties from a highly lucrative oil and gas field in West Africa. Mr. Kim represents Janis Frank Henry and Barbara Frank Sharman, the daughters of noted geologist/geophysicist G.W. Frank, who assisted in the development of the Alba oil and gas field located in and near Equatorial Guinea. Ms. Henry...

2011-07-07 05:00:00

HOUSTON, July 7, 2011 /PRNewswire/ -- Hyperdynamics Corp. (NYSE Amex: HDY) announced today that it has appointed Paul C. Reinbolt as its new Chief Financial Officer and Executive Vice President. Reinbolt will join the company effective August 8. Reinbolt is retiring from Marathon Oil Corporation after more than 30 years with the company, most recently serving as Vice President-Finance and Treasurer. In this role he was responsible for completing the financing and financial restructuring...

2011-06-13 19:13:00

GILLETTE, Wyo., June 13, 2011 /PRNewswire/ -- High Plains Gas, Inc. (OTC: HPGS) Chief Executive Officer, Brent Cook, commented further today on the Company's third quarter 2011 well reactivation strategy. Brent Cook, CEO of High Plains, stated: "Following the announcement of our well reactivation strategy on June 9, 2011, I would like to provide a more detailed review of our strategy and production process to more specifically address its impact on our growth strategy. The Fairway Asset...

2011-06-03 08:30:00

CHICAGO, June 3, 2011 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Marathon Oil Corporation (NYSE: MRO), Kohlberg Kravis Roberts & Co. (NYSE: KKR), ExxonMobil (NYSE: XOM), Chevron Corp. (NYSE: CVX) and ConocoPhillips (NYSE: COP). (Logo:...

2011-05-17 10:04:00

GILLETTE, Wyo., May 17, 2011 /PRNewswire/ -- High Plains Gas, Inc. (OTCBB: HPGS or "HPG" or "the Company") today announced its financial results for the three-month period ended March 31, 2011. For the first quarter of 2011, total revenue was $4.0 million, compared to $356,311 in total revenue for the first quarter of 2010. Net loss for the first quarter 2011 was $7.0 million, or $0.04 per share, compared to a net loss of $248,138, or $0.01 per share, in the first quarter of 2010. At...

2011-05-11 09:47:00

Government Partnership Develops $15.8 Million Initiative to Reduce Malaria MALABO, Equatorial Guinea, May 11, 2011 /PRNewswire-USNewswire/ -- The Republic of Equatorial Guinea has decreased the prevalence of the malaria parasite in children by 57% in just four years and has increased the number of children protected by bed nets or indoor spraying of insecticides from 4% to 95% in that same period, according to a report by Roll Back Malaria. Research carried out on the Island of Bioko,...

2011-05-04 09:00:00

CALGARY, Alberta, May 4, 2011 /PRNewswire/ -- Shell today announced the successful start of production from its Scotford Upgrader Expansion project in Canada. The 100,000 barrels-per-day expansion takes upgrading capacity at Scotford to 255,000 barrels-per-day of heavy oil from the Athabasca oil sands. "This start-up is an important milestone for our heavy oil business," said Marvin Odum, Shell Upstream Americas Director. "And it adds new capacity from an important source of oil in a...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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