Marathon Oil Corp, a U.S. oil and gas company that owns a minority stake in the Waha concession in Libya, values its interests in that country at $761 million, according to a regulatory filing on Friday.
Civil unrest, which begun in Libya in February, has halted Marathon's shipments of crude from Eastern Libya.
"The impact of continued unrest upon our investment and future operations in Libya is unknown at this time," the company said in its quarterly filing with the U.S. Securities and Exchange Commission.
No comments:
Post a Comment