North Dakota

Marathon holds approximately 320,000 acres in the Bakken oil play in North Dakota and eastern Montana. The Company’s acreage is within the established Williston Basin in Billings, Divide, Dunn, McKenzie, Mountrail and Williams counties in North Dakota, and Richland County in Montana, with potential resources of approximately 100 million barrels.

The position provides Marathon access to significant resources in North America. The Company draws upon its extensive experience in reservoir characterization, horizontal drilling, well stimulation, and commercial and marketing expertise in the Rocky Mountain Basins to leverage this substantial position in the Bakken formation.

Marathon anticipates drilling approximately 300 wells over the next four to five years. This program has the potential to add more than 20 thousand barrels of oil equivalent per day of net production by 2012.

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Bakken Fact Sheet (PDF 679KB)