Marathon Oil Corporation’s $1.5 Billion Term Loan Facility
November 22, 2022
Cravath represented the administrative agent, joint lead arranger and joint bookrunner in connection with the arrangement of a $1.5 billion term loan facility made available to Marathon Oil Corporation to finance its acquisition of the Eagle Ford assets from Ensign Natural Resources. Marathon Oil Corporation is an independent exploration and production company that engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas. The transaction closed on November 22, 2022.
The Cravath team included partner Tatiana Lapushchik and associates D. Ana Choi and Obianuju A. Enworom on banking matters; associate Sonia Katharani‑Khan on tax matters; partner Matthew Morreale on environmental matters; and associates Tiffany B. Wong and Molly E. Nichols on executive compensation and benefits matters. Clayton Hackney also worked on tax matters.
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People
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J.D., 2000, Harvard Law Schoolcum laude
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B.A., 1997, Barnard Collegesumma cum laude
- New York
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J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Pennsylvania
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B.A., 1990, University of Pennsylvania
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B.A.S., 1990, University of Pennsylvania
- New York
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J.D., 2016, Harvard Law Schoolmagna cum laude
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A.B., 2013, Harvard Collegemagna cum laude
- New York
Education
Admitted In
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