Killajoules

Marathon Sets 2011 Capital, Investment and Exploration Budget
Marathon Oil Corporation (NYSE: MRO) announced today a $5.267 billion capital, investment and exploration budget for 2011, consistent with prior guidance and a 9 percent increase from 2010 capital spending.

Holly Corporation Reports on Power Failure at its Navajo Refinery
Holly Corporation's (NYSE:HOC) Navajo Refinery in Artesia, New Mexico experienced a plant-wide power failure late in the day on January 26, 2011 due to an interruption in power supply from its local utility.

Dominion Options PPG Site for Planned Natural Gas Processing Facility
Dominion (NYSE: D) today announced that it has reached an agreement with PPG Industries (NYSE: PPG) on an option for Dominion to purchase land at PPG's Natrium, W.Va., site for the construction of a natural gas processing and fractionation facility.

Apache's Spar-2 Appraisal Offshore Western Australia Tests 58 MMcf, 950 Barrels of Condensate Per Day
Apache Corporation (NYSE, Nasdaq: APA) said today that the Spar-2 appraisal well in Permit WA-4-R offshore Western Australia tested 58 million cubic feet (MMcf) of natural gas and 950 barrels of condensate per day.

Apache Selects OGN Group for North Sea Platform Construction
Apache Corporation (NYSE, Nasdaq: APA) today announced that it has selected OGN Group, a United Kingdom-based oil and gas engineering and fabrication contractor, to build a new satellite oil production platform for the UK Forties field. The new platform will be bridge-linked to the existing Forties Alpha installation in the Apache-operated field, located on the UK continental shelf.