MCDI Press Releases

Marathon and Partners Announce $28 Million, 5-Year Extension of Life Saving Malaria Control Project in Equatorial Guinea - 9/25/2008 1:48:00 PM


HOUSTON, Sept. 25 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Government of Equatorial Guinea, Marathon, Noble Energy (NYSE: NBL), GEPetrol and SONAGAS, are extending their successful Bioko Island Malaria Control Project (BIMCP) in Equatorial Guinea. The innovative private-public partnership has committed to investing an additional $28 million to continue its malaria control initiative through 2013. One-third of the project funds will be a direct investment by the Government of Equatorial Guinea, and the remaining two-thirds has been committed by Marathon, Noble Energy and business partners.

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