TXN
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0.00% 58.0¢ texon petroleum ltd

Marathon Oil’s Eagle Ford assets are expanding once again. The...

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  1. blackdog
    443 Posts.
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    12/05/12
    20:22
    Post #: 10167294
    Marathon Oil’s Eagle Ford assets are expanding once again. The company has entered an agreement to acquire Paloma Partners II for $750,000,000.

    Paloma has approximately 17,000 acres across Karnes and Live Oak counties, with net production of 7,000 boe/d.

    Paloma Partners II is a privately backed company funded by management, Encap, adn Macquarie.
    TXN Price at posting: 57.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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