Marathon Taps Estill for VP Post

Marathon Oil Co. said Wednesday that Robert E. Estill has been appointed the company's vice president for strategic planning and portfolio management.

In his new assignment, which is effective July 1, Estill will be located in Marathon's headquarters in Houston and report to David E. Roberts, Jr., Marathon's senior vice president of business development.

"Robert's depth of global operational and strategic planning experience will play an important role in our efforts to manage Marathon's continued profitable growth," said Clarence P. Cazalot, Jr., Marathon president and CEO. "These growth activities must be supported by our ability to continually evaluate the rapidly changing business environment and to apply leading-edge strategic planning expertise that will enable Marathon to anticipate change, seize promising opportunities, and effectively compete on a global scale."

In his new position, Estill will be responsible for managing all aspects of Marathon's corporate strategic planning activities, including the ongoing assessment of the company's upstream, downstream, and integrated gas asset portfolio, as well as the evaluation of new business opportunities and how they might align with, and contribute to, Marathon's profitable growth.

Estill, who currently serves as leader of Marathon's Europe Business Unit, graduated from the University of Missouri-Rolla with a bachelor's degree in petroleum engineering and later earned an MBA. He joined Getty Oil Company (acquired by Texaco, Inc. in 1984) in Velma, Oklahoma, in 1983 as a petroleum engineer. He transferred to Texaco's Denver division office in 1989 and held a number of posts there before being named area engineer at Texaco's Taft, Calif., office in 1992. Estill was appointed area engineer for Caltex Pacific Indonesia, located in Sumatra, Indonesia, in November 1993. Two years later, he was named area manager of the Duri Business Unit.

In 1997, he returned to the United States and was named business unit manager for Texaco's California Business Unit located in Bakersfield, Calif. The following year he was named director of business services for the Western Region based in Denver. Estill relocated to Texaco's executive offices in White Plains, N.Y., in 1999 as senior advisor of Worldwide Producing where he worked primarily with business units located in Angola, Nigeria, Trinidad, Indonesia, China, and Scotland. In 1999, he also was named general manager of Texaco subsidiary, Four Star Oil and Gas.

Estill joined Marathon in 2001 as assistant to the president and CEO. In 2003 he was appointed general manager of strategic planning. He was named to his current position in February 2004.


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