Number of active oil and gas rigs in the US up by 12 this week

US rig count this week up 12

HOUSTON — The number of rigs actively exploring for oil and natural gas in the U.S. this week has risen by 12 this week to 1,113.

Marathon Oil cuts 2010 capital spending by $1 billion, shares tumble

Marathon cuts 2010 capex by $1B, shares fall 4 pct

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