Investment Summary

Exits Marathon Petroleum

On July 1, 2011, invested in energy services and equipment company Marathon Petroleum from Marathon Oil

Investment Highlights
  • This is transaction in the Energy Services and Equipment sector.
  • This is transaction in the United States.
  • This is transaction in Ohio.

Investment Summary

Date 2011-07-01
Target Marathon Petroleum
Sector Energy Services and Equipment
Sellers(s) Marathon Oil
Deal Type Spin Off

Target

Marathon Petroleum

Findlay, Ohio, United States
Marathon Petroleum's corporate headquarters in Findlay, Ohio.
Marathon Petroleum's corporate headquarters in Findlay, Ohio.
Marathon Petroleum engages in refining, transporting, and marketing petroleum products primarily in the United States. Marathon Petroleum was founded in 1887 and is based in Findlay, Ohio.

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Seller(S) 1

SELLER

Marathon Oil

Houston, Texas, United States

Category Company
Founded 1886
Sector Oil/Gas Exploration
Employees1,700
Revenue 6.4B USD (2023)
DESCRIPTION
Marathon Oil's corporate headquarters in Houston, Texas.
Marathon Oil's corporate headquarters in Houston, Texas.

Marathon Oil is an international oil exploration and production company. Marathon has net proved reserves of more then 2 billion barrels of oil equivalent across North America, Europe and Africa. Marathon Oil was formed in 1887 and is based in Houston, Texas.


DEAL STATS #
Overall 2 of 4
Sector (Energy Services and Equipment) 2 of 2
Type (Spin Off) 1 of 1
State (Ohio) 1 of 1
Country (United States) 2 of 3
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-31 Marathon Oil Canada

Calgary, Canada

Western Oil Sands Inc. is a Canadian corporation listed on the Toronto Stock Exchange under the symbol WTO. Our vision is to create shareholder value through the opportunity capture and development of large, world-class hydrocarbon resources. Our primary asset is our 20 per cent undivided interest in the Athabasca Oil Sands Project. Western is also pursuing initiatives related to in-situ and technology development as well as downstream opportunities.

Buy $6.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-09 Paloma Partners II

Houston, Texas, United States

Paloma Resources is a private oil and gas exploration and production company .

Buy $750M