GREY:SMBZF - Post by User
Post by
PapaFritzon Aug 05, 2014 1:27pm
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Post# 22810441
Marathon Oil/MRO 2nd Q /Kenya & Sala2 mentions:
Marathon Oil/MRO 2nd Q /Kenya & Sala2 mentions:KENYA: The Sala-1 exploration well, which was spud in February 2014 on the eastern side of Block 9, made a natural gas discovery during the second quarter.
The well was drilled to a total depth of approximately 10,000 feet and analysis indicated three zones of interest over a 3,280-foot gross interval which were subsequently drill-stem tested.
The Sala-2 appraisal well spud in the third quarter of 2014. Marathon Oil holds a 50 percent non-operated working interest in Block 9 with the option to operate any commercial development.
https://globenewswire.com/news-release/2014/08/04/655900/10092912/en/Marathon-Oil-Second-Quarter-2014-Adjusted-Net-Income-Per-Diluted-Share-Up-33-Year-Over-Year.html