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1、Marathon Oil Corporation2005 Annual ReportMARATHON OIL CORPORATION5555 San Felipe RoadHouston,TX 77056-2723The United States Securities and Exchange Commission(SEC)permits oil and gas companies,in their filings with the SEC,to disclose onlyproved reserves.In this summary annual report wrap,we use ce
2、rtain terms to refer to reserves other than proved reserves,which the SECsguidelines strictly prohibit us from including in filings with the SEC.These terms include reserves,resources and other similar terms,which arenot yet classified as proved reserves.This summary annual report wrap also contains
3、 forward-looking statements about Marathons businessincluding,but not limited to,the timing and levels of production,future exploration and drilling activity,reserve or resource additions,a plan fordevelopment and operation of the Alvheim and Vilje fields,an LNG project and possible expansion plans,
4、the Neptune development,estimatedlevels and timing of production associated with the Companys return to Libya,possible expansion of the Garyville,Louisiana,refinery and a$2 billion common stock repurchase program.The information related to reserve or resource additions is based on certain assumption
5、s,including,among others,presently known physical data concerning size and characteristics of reservoirs,economic recoverability,technology development,future drilling success,production experience,and other economic and operating conditions.In accordance with the“safe harbor”provisions ofthe Privat
6、e Securities Litigation Reform Act of 1995,Marathon has included in its attached Form 10-K for the year ended December 31,2005,cautionary language identifying other important factors,though not necessarily all such factors,that could cause future outcomes to differ materially from those set forth in