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HEA secures lower price on gas deal with Furie

...Department of Law agreed to in the 2012 Consent Decree, a condition of Hilcorp's purchase of Chevron Corp. and Marathon Oil Co. assets in the basin. The Consent Decree expires in early 2018 at price of $8.03 per mcf.At that time, Homer...
Cook Inlet oil production up 25 percent

...redeveloping them, typically buy the producing assets.In Cook Inlet, Hilcorp purchased assets of Chevron Corp. and Marathon Oil Co. Cook Inlet Energy, a subsidiary of Miller Energy Resources of Tennessee, bid on and took over the bankrupt assets...
Lease sale nets $5.2 million

...86-per-acre bid on one tract.Hilcorp is the major oil and gas producer in the Inlet, having acquired Chevron Corp. and Marathon Oil Co. properties in 2012 and 2013. Apache is engaged in a multi-year exploration program.Other companies participating...
More gas coming for Southcentral being supplied under four contracts, two with Marathon Oil Co., one with Unocal Corp. and one with the gas. The field is owned and operated by Marathon Oil Co., which would do a sub-lease to the gas storage...
Hilcorp says it now has gas, but skeptics ask how much Southcentral Alaska and says it hopes to maintain steady production from current wells and the recently acquired Marathon Oil Co. gas fields over the next few years."We're very encouraged," Hilcorp spokeswoman Lori Nelson said.Utilities...
Hilcorp bringing new rigs to Inlet

...Hilcorp is aggressively pursuing new production from the former Chevron properties, mostly oil-producing, as well as Marathon Oil Co. assets acquired in January, which are mostly natural gas.One success the company is having is in bringing back...
Olson: We don't have to spend everything

...foreseeable future," he said, citing gas storage options, new drilling and an extension of the ConocoPhillips and Marathon Oil Co. liquid natural gas export license. To get gas off of the Slope, he said the state needs a better business climate...
Gas, electric utilities explore shipping LNG to Southcentral

...imports after 2013, when total gas production is forecast to fall short of meeting annual demand. ConocoPhillips and Marathon Oil Co., which own the LNG plant, were recently given a two-year extension of an LNG export license by the U.S. Department...
Around the Peninsula

...reserve a table, call Sue Diaz at 283-3222. Proceeds will benefit the community's youth. Marathon serving turkey Marathon Oil Co. is hosting a traditional Thanksgiving Dinner at Kenai Senior Center, Tuesday, Nov. 23, at noon. All area seniors...
RCA decision could throw gas storage project off schedule is now negotiating, CINGSA said in its appeal. One of the entities with which CINGSA is still negotiating is Marathon Oil Co., which holds leases at the Cannery Loop gas field in which the storage project would be located. The state of...


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