Marathon Oil in North America, including $600 million in the Eagle Ford and $200 million in the Bakken formation. The company owns 277,000 net acres in the Bakken formation. Marathon began as The Ohio Oil Company in 1887. In 1889, it was purchased by John D. Rockefeller's Standard Oil. It remained a part of Standard Oil until Standard Oil was broken in 1911. In 1930, The Ohio Oil Company bought the Transcontinental Oil Company and established the "Marathon" brand name. In 1962, the company changed its name to "Marathon Oil Company". In 1982, Mobil made a hostile offer to buy the company;
Standard Oil of Kentucky 1930, it acquired the assets of Reed Oil Corp. of Atlanta, Georgia. The Riverside Refinery, built by Kyso circa 1918 in West Louisville, Kentucky, is still the source of considerable study due to environmental concerns Harland Sanders, founder of Kentucky Fried Chicken, started his first restaurant, the Sanders Court and Cafe, as part of a Standard Oil station in Corbin, Kentucky, in 1930. In 1961, it was acquired by Standard Oil of California, effectively pushing Esso out of the former Kyso territory. Esso began marketing itself across the region as the "official" Standard brand oil. In 1966, Chevron sued over