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1929: Continental merges with Marland Oil Company; the new company takes the Continental name but is headquartered in Ponca City, Oklahoma, where Marland had been based. 1948: Phillips Chemical Company is formed as a subsidiary. 1950: Continental relocates its headquarters to Houston.
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Eighteen years after Standard Oil’s dissolution, Marland Oil would acquire Continental, moving its headquarters to Ponca City, Oklahoma, in 1929. As the acquisition took effect, Marland favorably phased out its own name and rebranded into the more nationally known Continental and Conoco nameplates.
By 1929, it had become a fully integrated oil company. [11] The company was a coal , oil , kerosene , grease and candles distributor in the West. In 1929, Conoco merged with the Marland Oil Company .
1909-1875. Continental Oil builds the West’s first filling station, also investing in a fleet of delivery trucks, each with 3 tanks, to deliver different types of fuel. Brothers Frank and L.E. Phillips discover their first major producer, the Anna Anderson No. 1.
1969-1950. Phillips pioneers the first shipment of liquefied natural gas (LNG) from Alaska to Japan. Conoco funds a new $2 million research facility in Ponca City; expands refineries in Ponca City, Baltimore, Denver and Lake Charles; and erects a new refinery in Billings, MT.
Jul 20, 1981 · Du Pont, the largest U.S. producer of chemicals, had secretly offered to buy Conoco, the ninth biggest American oil company. After five hectic days of staff work, the deal seemed set.