Filed Pursuant to Rule 433
Issuer Free Writing Prospectus dated September 20, 2007 Relating to
Preliminary Prospectus Supplement dated September 20, 2007
to Prospectus dated July 26, 2007
Registration Statement No. 333-144874
Final Pricing Terms
| 6.000% Notes Due 2017 | ||
| Issuer: |
Marathon Oil Corporation | |
| Security: |
6.000% Notes due 2017 | |
| Size: |
$750,000,000 | |
| Maturity: |
October 1, 2017 | |
| Coupon: |
6.000% | |
| Price to Public: |
99.332% | |
| Yield to Maturity: |
6.090% | |
| Spread to Benchmark Treasury: |
+ 140bp | |
| Benchmark Treasury: |
4.750% due August 15, 2017 | |
| Benchmark Treasury Yield: |
4.690% | |
| Interest Payment Dates: |
April 1st and October 1st, commencing April 1, 2008 | |
| Make-Whole Call: |
T+20bp | |
| Settlement: |
T+5; September 27, 2007 | |
| CUSIP: |
565849AD8 | |
| Anticipated Ratings: |
Moody’s: Baa1 (stable outlook) S&P: BBB+ (stable outlook) | |
| Joint Book-Running Managers: |
Banc of America Securities LLC J.P. Morgan Securities Inc. Citigroup Global Markets Inc. Morgan Stanley & Co. Incorporated | |
| 6.600% Notes Due 2037 | ||
| Issuer: |
Marathon Oil Corporation | |
| Security: |
6.600% Notes due 2037 | |
| Size: |
$750,000,000 | |
| Maturity: |
October 1, 2037 | |
| Coupon: |
6.600% | |
| Price to Public: |
99.804% | |
| Yield to Maturity: |
6.615% | |
| Spread to Benchmark Treasury: |
+165 bp | |
| Benchmark Treasury: |
4.750% due February 15, 2037 | |
| Benchmark Treasury Yield: |
4.965% | |
| Interest Payment Dates: |
April 1st and October 1st, commencing April 1, 2008 | |
| Make-Whole Call: |
T+25bp | |
| Settlement: |
T+5; September 27, 2007 | |
| CUSIP: |
565849AE6 | |
| Anticipated Ratings: |
Moody’s: Baa1 (stable outlook) S&P: BBB+ (stable outlook) | |
| Joint Book-Running Managers: |
Banc of America Securities LLC J.P. Morgan Securities Inc. Citigroup Global Markets Inc. Morgan Stanley & Co. Incorporated | |
Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Banc of America Securities LLC toll-free at 1-800-294-1322, J.P. Morgan Securities Inc. collect at (212) 834-4533, Citigroup Global Markets Inc. toll-free at (877) 858-5407 or Morgan Stanley & Co. Incorporated toll-free at 1-866-718-1649.
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