Media Release: Marathon Oil announces new UK managing director

MARATHON Oil Corporation has appointed Carri Lockhart as managing director of its UK North Sea Asset Team.

Ms Lockhart has served Marathon Oil in numerous engineering and leadership capacities in various operating regions including asset team manager for Marathon Oil’s Alaska operations and business development director for North and South America.

Ms Lockhart said: “I am delighted to be joining the UK team which has been very successful in adding value to a mature asset through a focus on safety, reliability and cost discipline.

“I will be working with the team to continue to look for new opportunities to maximise production from our North Sea assets and extend field life, while continuing to promote excellence in safety and environmental performance.”

Marathon Oil’s UK interests include the Brae Complex and the Foinaven Field.  In 2011, net sales from the UK averaged 21 mbpd of liquid hydrocarbons and 55 mmcfd of gas.  The Company employs approximately 950 staff and contractors offshore and onshore with offices in Aberdeen and London.

Marathon Oil Corporation is an independent international energy company. Based in Houston, Texas, Marathon Oil had net proved reserves at the end of 2011 of 1.8 billion barrels of oil equivalent in North America, Europe and Africa.

For more information, please visit the company’s website at http://www.marathonoil.com.

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