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Mahalo was founded on the industry prediction that the declining availability of conventional natural gas creates a definite need for new and unconventional sources of gas. Based in Calgary, Alberta, Mahalo is already well-positioned as a junior front-runner in the unconventional sector. The Canadian petroleum and natural gas exploration company once owned properties in Alberta as well as in Oklahoma. Mahalo Energy's operations, in the development stage, were engaged in exploring both coal bed methane and shale gas projects. A difficult economic environment prompted the company to sell its Canadian assets in 2008, and in 2009 to place its US subsidiary (Mahalo USA) under Chapter 11 bankruptcy protection.

Manas Petroleum is a Baar, Switzerland headquartered international oil exploration and development company. It was founded as a private company in 2004 and during its first two years spent approximately $7 million acquiring and advancing its Kyrgyz, Tajik and Albanian projects. Its portfolio now totals more than 5 million acres in 5 countries. Manas Petroleum Corporation, which focuses on about 3 million acres of land in Chile, Kyrgyzstan, and Albania, typically acquires exploration rights and then, in an effort to keep costs down, farms out its development operations to local third parties. Manas often collaborates with Australian oil and gas company Santos for its activities.

Marathon Oil Company, founded in 1887, operates the upstream business of integrated oil concern Marathon Oil Corporation. Marathon Oil Company focuses on oil and gas exploration and production in eight countries (Angola, Equatorial Guinea, Gabon, Ireland, Libya, Norway, the UK, and the US). In 2007 Marathon Oil Company reported proved reserves of 650 million barrels of oil and 3.5 trillion cu. ft. of natural gas. That year Marathon Oil Company also drilled 6,900 oil wells and more than 5,300 gas wells and had about 22.4 million gross acres of landholding worldwide. Operating across the globe, Marathon is among the world’s leading integrated energy companies – applying innovative technologies to discover and develop valuable energy resources, providing high-quality products to the marketplace and delivering value to all of the Company’s stakeholders.

Marathon Oil UK has been developing North Sea oil fields at a steady pace for two decades. Marathon Oil UK Ltd. core asset is in the Brae area where it holds a 42% stake in the South, Central, North and West Brae fields, and a 38% stake in the East Brae field. Marathon Oil UK Ltd. also a 50% interest in the Scottish Area Gas Evacuation (SAGE) pipeline and processing system, a 27.8% interest in the Braemar Field near Aberdeen, and a minority stake in a Foinaven Field in the the Shetlands. Marathon Oil UK produces about 28,800 barrels of oil per day and about 125 million cu. ft. of gas per day. Marathon Oil UK Ltd. is a subsidiary of Marathon Oil Corporation.

Mariner Energy, Inc. was incorporated in 1983 and is headquartered in Houston, Texas with additional offices in Midland, Texas; and Lafayette, Louisiana. the independent explores in both the deep and shallow waters of the Gulf of Mexico, where Mariner Energy, Inc. has the bulk of its proved reserves. But the landlocked Permian Basin of West Texas is also an area of focus. Mariner Energy sees this diversified portfolio as a key strategic asset, allowing the company to work in two distinct exploration environments. In 2008 Mariner Energy, Inc. reported estimated proved reserves of 974 billion cu. ft. of natural gas equivalent. In late 2009 Mariner Energy acquired bankrupt Edge Petroleum for about $260 million.

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