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This excerpt taken from the MRO 10-Q filed Nov 7, 2007. 12. Property, Plant and Equipment Exploratory well costs capitalized greater than one year after completion of drilling as of September 30, 2007 were $146 million, including $26 million added to this category in the third quarter of 2007 for the Stones prospect in the Gulf of Mexico, where drilling is scheduled to recommence in late 2007, and $24 million added to this category in the second quarter of 2007 for the Gudrun appraisal well offshore Norway, where Marathon and its partners are evaluating development scenarios with development concept selection expected in 2008.
This excerpt taken from the MRO 10-Q filed Aug 7, 2007. 12. Property, Plant and Equipment Exploratory well costs capitalized greater than one year after completion of drilling as of June 30, 2007 were $119 million, including $24 million added to this category during the second quarter of 2007 for the Gudrun appraisal well offshore Norway, where Marathon and its partners are evaluating development scenarios with development concept selection expected in 2008. This excerpt taken from the MRO 10-K filed Mar 10, 2005. 14. Property, Plant and Equipment
Property, plant and equipment includes gross assets acquired under capital leases of $49 million at December 31, 2004 and 2003, with related amounts in accumulated depreciation, depletion and amortization of $6 million and $2 million at December 31, 2004 and 2003. On November 3, 2003, Marathon sold its 42.45 percent interest in the Yates field and its 100 percent interest in the Yates gathering system to Kinder Morgan for $229 million and recognized a loss of $8 million. This divestiture decision | EXCERPTS ON THIS PAGE:
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