Exhibit 99.2.
MARATHON ANNOUNCES NEW EXECUTIVE VICE PRESIDENT
Houston, Texas, November 28, 2000 -- Marathon Oil Company today announced the
appointment of J. L. "Corky" Frank to the position of Executive Vice President
effective January 1, 2001. Mr. Frank will report to C. P. Cazalot, Jr.,
President, Marathon Oil Company.
In making the announcement, Cazalot noted, "Corky's strong leadership abilities
have been instrumental in making Marathon Ashland Petroleum LLC a top performer
in the downstream industry. We are pleased to have someone with his skills and
extensive experience return to the Marathon Oil management team."
Frank was born in Santa Barbara, California, in 1936. He attended Texas A&M
University where, in 1958, he received a bachelor's degree in Petroleum
Engineering.
Frank served in a number of positions in Marathon's regional and worldwide
production operations and played a leadership role in the development of
Marathon's expertise for their initial move into offshore operations. In 1978
he was named Director for Marathon's Brae Project in the U.K. North Sea. He was
elected Vice President, Production, for Marathon International Oil Company and
President of Marathon Oil U.K., Ltd in 1984. He was named president of Marathon
Petroleum Company and a Marathon Oil Director in 1985. He was named to the USX
Corporation Corporate Policy Committee in 1990 and was appointed Executive Vice
President, Refining Marketing, and Transportation for Marathon Oil Company in
1991.
In 1997, when Marathon Oil Company and Ashland, Inc., announced the merger of
their refining, marketing, and transportation activities, Frank was named
President of the new company, Marathon Ashland Petroleum, LLC.
Frank is a director of the American Petroleum Institute and a member of the
Society of Petroleum Engineers. He is also a member of the Texas A&M
University's Dwight Look College of Engineering External Advisory & Development
Council.
Marathon Oil Company is a part of the USX-Marathon Group (NYSE: MRO), a unit of
USX Corporation.
