Marathon Oil Corporation Announces Increase in Quarterly Dividend

Marathon Oil Corporation Announces Increase in Quarterly Dividend

HOUSTON, July 31, 2013 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE:
MRO) announced today that the Company's board of directors has approved a 12
percent increase in the quarterly dividend payable on Marathon Oil Corporation
common stock, resulting in a new quarterly dividend rate of 19 cents per
share. The dividend is payable on Sept. 10, 2013, to stockholders of record on
Aug. 21, 2013.

For more information on Marathon Oil Corporation, visit the Company's website
at http://www.marathonoil.com.

                                     ###

CONTACT: Media Relations Contacts
         Lee Warren: 713-296-4103
         John Porretto: 713-296-4102
        
         Investor Relations Contacts
         Howard Thill: 713-296-4140
         Chris Phillips: 713-296-3213
 
Press spacebar to pause and continue. Press esc to stop.