SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 31, 1997
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ATLANTIC RICHFIELD COMPANY
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
1-1196 23-0371610
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(Commission File Number) (IRS Employer
Identification No.)
515 South Flower Street, Los Angeles, California 90071
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (213) 486-3511
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Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
Press Release, dated March 27, 1997, announcing election
of Michael E. Wiley as an Executive Vice President effective
March 31, 1997.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
ATLANTIC RICHFIELD COMPANY
/s/ ALLAN L. COMSTOCK
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Allan L. Comstock
Vice President and Controller
Dated: April 1, 1997
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ARCO [LOGO] Media Relations N E W S
515 South Flower Street
Los Angeles CA 90071-2201
Telephone 213 486 3385
Facsimile 213 486 0169
FOR IMMEDIATE RELEASE March 27, 1997
MICHAEL E. WILEY ELECTED
ARCO EXECUTIVE VICE PRESIDENT
LOS ANGELES -- The election of Michael E. Wiley as ARCO Executive
Vice President was announced today by ARCO Chairman and Chief Executive
Officer Mike R. Bowlin.
Prior to his election, Wiley, 46, was Chairman, Chief Executive
Officer and President of Houston-based Vastar Resources, Inc., which is
82.3% owned by ARCO (NYSE: ARC). He had previously been an ARCO Senior
Vice President and president of the company's Lower 48 oil and gas company.
"We are delighted that Mike is rejoining ARCO's executive ranks,"
said Bowlin. "He brings with him 25 years of experience in all aspects
of oil and gas exploration and production. His record of achievement at
Vastar is impressive. Since its formation in 1993, the company has
established a leadership postion as a low-cost, independent, domestic
exploration, production and marketing organization.
"As Executive Vice President, Mike will serve as a member of the
Management Group with particular focus on Lower 48 oil and gas production,
marketing and technology, as well as our Lower 48 pipeline operations and
environmental remediation activities. In addition, he will play a key
role in developing our joint venture with the Russian oil company LUKOIL."
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Wiley is a graduate of the University of Tulsa where he received a
BS degree in petroleum engineering. He later received an MBA from the
University of Dallas. He joined ARCO in 1972 and served in a number of
engineering and operational assignments in ARCO's Lower 48, Alaska and
international oil and gas operations prior to being elected Senior Vice
President and President of ARCO Oil and Gas Company.
When Vastar was formed in 1993, Wiley became its first president.
He became Vastar's Chief Executive Officer in 1994 and Chairman of the
Board of Directors in 1996. He will remain Vastar's chairman.
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For information, contact: Albert Greenstein (213) 486-3384
