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BRIEF-Marathon Oil announces entry into Ethiopia

Oct 3 (Reuters) - Marathon Oil Corp :

* Announces entry into ethiopia

* Says Marathon Oil will pay agriterra $40 million

* Says exploration well is anticipated to spud in south omo in the fourth

quarter of 2012

* Unit entered into agreement with agriterra limited to acquire 20 percent

working interest in south omo concession

* Deal includes additional payment of $10 million due upon co's participation

in a declaration of a commercial discovery

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