Marathon and Partners Announce $28 Million, 5-Year Extension of Life Saving Malaria Control Project in Equator... ( Bioko Island Malaria Control Project...)

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Marathon and Partners Announce $28 Million, 5-Year Extension of Life Saving Malaria Control Project in Equatorial Guinea

Date:9/25/2008

Bioko Island Malaria Control Project extended; already achieved 50 percent

reduction of malaria parasites in highest risk population

HOUSTON, Sept. 25 /PRNewswire-FirstCall/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Government of Equatorial Guinea, Marathon, Noble Energy (NYSE: NBL), GEPetrol and SONAGAS, are extending their successful Bioko Island Malaria Control Project (BIMCP) in Equatorial Guinea. The innovative private-public partnership has committed to investing an additional $28 million to continue its malaria control initiative through 2013.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051027/DATH029LOGO )

One-third of the project funds will be a direct investment by the Government of Equatorial Guinea, and the remaining two-thirds has been committed by Marathon, Noble Energy and business partners.

The announced extension project brings total spending on malaria control in Equatorial Guinea to $71 million. The BIMCP began in 2003 as a five-year, $15.8-million initiative to address the burden of disease attributable to malaria on the population of Bioko Island. The project has focused on vector control through indoor residual spraying, distribution of free drugs to high risk populations such as pregnant women and children under the age of 15, and a comprehensive monitoring and surveillance program; universal bed net coverage was added in 2007. In 2006, the BIMCP was expa
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Marathon and Partners Announce $28 Million, 5-Year Extension of Life Saving Malaria Control Project in Equator...( Bioko Island Malaria Control Project...),Health