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#289950
Fri Dec 09 2011 05:02 PM
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Joined: May 2011
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When Marathon Oil bought Husky Oil in 1984. Who got the stations? If you look at Marathons website under 1984, it says:
Marathon Oil Company acquires the exploration and production properties of Husky Oil, a premier producer in the state of Wyoming.
I have seen on some websites saying that Husky maps were no longer produced after Marathon purchased them. So did Marathon get it all or what?
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Please - NO offers to Buy or Sell in this forum category
Statements such as, "I'm thinking about selling this." are considered an offer to sell.
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I don't know if I can explain what happenedf or not seeing I was working for Husky when it happened. Basicly the retail outlets were not owned by Husky but were privately owned. So the retailers went to what ever company that would supply them. As far as Marathon was conserned was all that they wanted was the refinery in Cody. The refinery had been shut down a year earlier but they wanted the tank farm for storage as they have a lot of producing wells up in that region. They still have it. To complete the sale Husky had to find a buyer for refineries in Cheyenne and Salt Lake. They found that in Flying J a northern Utah company that wanted the Salt Lake refinery but not Cheyenne. They sold us to three investors which we called the three stooges because they didn't know anything about the oil business. They sold us to Jim Gibbs a Texas oil pipeline guy who took back the old Frontier name and made us a success. Jim bought the old Elreco refinery in Kansas. Now we produce 150000 barrels a day between the two refineries. Jim sold us to Holly Oil Company out of Dallas in Feb. 2011. We are now Hollyfrontier and the raring horse is no more. Mitch
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Thanks for the answer, I really appreciate it. Based on what you said as it would pertain to the collecting of their road maps, when do you think they would have stopped making them? When Marathon bought the refinery and the retailers went to other brands? I assume that maps were more of a corporate item and corporate would have stopped if there were no more stations? If that is the case would 1984 be the last Husky map if they were still making maps then?
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Brian, by 1984, just about NO ONE gave away a map . Mc Millian and what was left of Gousha were SELLING GENERIC maps by then. I think Exxon and maybe Marathon may have been doing a few . Ed Shaver
see ya on the road folks !
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Thanks Ed, I guess I should have worded my question better. Let me try it this way. What years did Husky make road maps? Starting and ending years. And would a person that collects Marathon and companies that they acquired (such as myself) be correct in including Husky road maps in their collection based on what we know so far?
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Lets see if I can explain a little farther. Marathon didn't buy any of the retail part of Husky. All they bought was the oil and gas properties in the United States and the Cody refinery was scrapped. We also had holdings in the North Sea and the Phillipines. Husky had the largest holdings of oil sands leases in Canada at the time which made us a pretty desirable company to take over. The Canadian properties were bought by Alberta Trunk Line Co. Which in Canada Husky is still going strong except now they are owned by a Chinese company. According to the newspaper article that I'm reading this out of at the time Husky had 125 retail outlets in 17 western states. Marathon did not want any of them they had to be sold before the sale would go through. At the time Marathon was owned by U S Steel and they were calling the shots. I don't know if you can find this article in the archives of the Cheyenne newspaper of not but the headline reads, Husky Refineries, Retail Outlets Not Part of Sale. It was written sometime in March of 1984 wyomingnewspaper.com I never worked one day for Marathon or Flying J though a lot of the workers who qualified to take early retirement retired through both companies. That was part of the take over deal. Mitch
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It is sad to see the Frontier raring horse is gone. I enjoyed driving past the Frontier Refinery and looking at the big picture of it.
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Thanks guys for all your info. I really appreciate it.
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