February 22, 2011 / 3:13 PM / 9 years ago

CORRECTED - UPDATE 1-Marathon says Libyan production not cut

(Corrects paragraph 3 to show ConocoPhillips is a partner in Waha, not Occidental)

NEW YORK, Feb 22 (Reuters) - Marathon Oil Corp (MRO.N) said Tuesday production at its Waha concession in Libya was normal during the unrest and that the dependants of expatriate employees had been evacuated from the country as a precaution.

“Marathon continues to closely monitor political developments in Libya,” said a company spokesman in a release.

Marathon holds a 16.33 percent interest in the Waha concession, along with partners Hess Oil Corp (HES.N) at 8.16 percent, ConocoPhillips (COP.N) at 16.33 percent and the Libyan National Oil Corporation. LNOC operates the field and owns a 59.16 percent interest in the field. (Reporting by Jeffrey Kerr; Editing by Lisa Shumaker and Alden Bentley)

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