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;
Gilmore Oil Company as the home of the baseball team, the Hollywood Stars. Other attractions on Gilmore Island included speciality shops at The Dell, a drive-in theater and the Pan-Pacific Auditorium. In the 1940s, 75% of the shares in the oil company were acquired by the Socony-Vacuum Oil Company and it was then merged into that group which became Mobil. Gilmore Oil Company The Gilmore Oil Company was an independent oil company in California which was founded by Arthur Fremont Gilmore after he struck oil on his dairy farm in the Fairfax district of Los Angeles around 1903. His son, Earl Bell Gilmore,