February 10, 2010 (FinancialWire) — Marathon Oil Corp. (NYSE: MRO) has closed the sale of a 20 percent undivided working interest in the Production Sharing Contract and Joint Operating Agreement in Angola Block 32 to Sociedade Nacional de Combustiveis de Angola, Empresa Publica’s wholly owned subsidiary, Sonangol Pesquisa e Producao, S.A.

Under the terms, the transaction has an effective date of Jan. 1, 2009. Marathon will retain a 10 percent working interest in Block 32.

Houston-based Marathon is engaged in exploration and production; oil sands mining; integrated gas; and refining, marketing and transportation operations. The company has principal operations in the United States, Angola, Canada, Equatorial Guinea, Indonesia, Libya, Norway, Poland and the United Kingdom.

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