Marathon and Naftogaz Ukrainy Sign Cooperation Agreement to Carry out a Study in Dnieper-Donets Basin.

PR Newswire | June 5, 2007 | Copyright

HOUSTON, June 5 /PRNewswire-FirstCall/ -- Marathon International Petroleum, Ltd., a wholly-owned subsidiary of Marathon Oil Corporation , and National Joint Stock Company Naftogaz Ukrainy (NAK) have signed a cooperation agreement to carry out technical studies that could lead to the joint exploration for, and production of, hydrocarbons in an area of interest in the Dnieper-Donets Basin located in North Central Ukraine.

According to the agreement, NAK and Marathon will embark on a joint study of an agreed area of joint interest, covering approximately 26,000 square ...

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