TABLE-U.S. refinery expansion plans (Marathon)

(Marathon update on refinery expansion projects in MI, LA & KY)
REFINERY CAPACITY UNIT COMPLETION
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EAST COAST (PADD 1)
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CONOCOPHILLIPS CORP. (COP.N)
Bayway, NJ 5,800 bpd FCC N/A Revamp, conversion up 4 percent

CDU N/A Revamp
SUNOCO INC. (SUN.N)
Phila., PA 15,000 bpd+ FCC Apr-07 Costs rose from $300 million to

$520 million amid industry-wide

cost pressures and design changes

40-50,000 bpd HDS early-09 up to $275 million to convert an

idle HCU to process heating oil

into ultra-low sulphur diesel
VALERO CORP. (VLO.N)
Del. City, DE 20,000 bpd CDU N/A Company seeking permits
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MIDWEST (PADD 2)
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BP PLC (BP.L)
Whiting, IN N/A refinery 2011 $3 billion revamp to increase

heavy crude processing, motor

fuels output to rise 55,000 bpd
COFFEYVILLE RESOURCES
Coffeyville, KS 15,000 bpd CDU late-06
FLINT HILLS RESOURCES
Rosemount, MN 50,000 bpd CDU Q4-07

N/A DCU N/A Larger coker drums being installed
FRONTIER OIL CORP. (FTO.N)
El Dorado, KS N/A CDU/VDU Q2-08 $50 million heavy crude revamp

2,500 bpd DCU Q2-08 Two new coker drums

5,000 bpd FCC Q2-09 $78 million expansion

HTU Q2-09 $77 million expansion
MARATHON OIL CORP (MRO.N)
Catlettsburg, KY N/A refinery N/A NOT PURSUED CURRENTLY DUE TO COST

150,000 bpd heavy oil project.
Detroit, MI 15,000 bpd refinery 2010 $1.9 bln, expands refinery from

100K to 115K, raise heavy oil

processing by 80K. construction can

start in March or April if air

permit in place, complete late 2010
Robinson, IL N/A refinery N/A NOT PURSUED CURRENTLY DUE TO COST

180,000 bpd heavy oil project.
MURPHY OIL CORP (MUR.N)
Superior, WI N/A refinery N/A Seeking Canadian oil sands partner

for possible expansion
SINCLAIR OIL CORP.
Tulsa, OK 45,000 bpd refinery 2010 $1 bln, seeking enviro permits
SUNOCO
Toledo, OH 20,000 bpd CDU Jun-07 $40 million expansion, on budget

10-15,000 bpd HCU end-08 $30 million expansion

20,000 bpd CDU 2008 On hold due to costs

24,000 bpd FCC 2008 On hold due to costs
WRB REFINING LLC (ConocoPhillips and EnCana joint venture)
Wood River, IL 32,000 bpd GDS 2007 S-Zorb unit

70,000 bpd CDU 2009 CDU, DCU projects are $1.9

65,000 bpd DCU 2009 billion first phase of oil sands

N/A CDU/DCU 2013 Further 100,000 bpd bitumen

$2 billion capital cost
WYNNEWOOD REFINING (GARY-WILLIAMS ENERGY)
Wynnewood, OK 15,000 bpd CDU Q1-07

20,000 bpd DHT N/A
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GULF COAST (PADD 3)
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CHEVRON CORP. (CVX.N)
Pascagoula, MS 16,000 bpd FCC Late-06 Completed December 2006

14,285 bpd CCR mid 2010 $500 mln, construction

to start in early 2008. Replaces

two older reformers, boosts

gasoline output by 14,285 bpd

200,000 bpd refinery N/A Decision seen 1H 2008. Applied for

permits. Work seen in 2008, 2009
HOLLY CORP. (HOC.N)
Navajo, NM 15,000 bpd CDU Q4-08 revamp

20,000 bpd HCU Q4-08 $240 million total outlay

N/A CDU 2011 40,000 bpd heavy crude revamp
MARATHON OIL CORP. (MRO.N)
Garyville, LA 180,000 bpd CDU Q4-09 $3.2 billion expansion

44,000 bpd DCU Q4-09

70,000 bpd HCU Q4-09

65,000 bpd CCR Q4-09

47,000 bpd KHT Q4-09
MOTIVA ENTERPRISES LLC (RDSa.L)
Pt. Arthur, TX 45,000 bpd DHT 2008 Construction began June 2006

325,000 bpd refinery 2010 $7 bln project approved
PASADENA REFINING SYSTEM INC.
Pasadena, TX N/A refinery 2010 revamp to run 70,000 bpd Marlim

N/A CDU N/A future 100-200,000 bpd expansion
PLACID REFINING COMPANY LLC
Port Allen, LA N/A FCC Q2-08 Gasoline output increased 7,000
bpd

N/A CDU Q3-08 Heavy oil revamp

25,000 bpd CDU N/A Planned expansion
TOTAL SA (TOTF.PA)
Pt. Arthur, TX N/A DCU 2009 $1 billion project studied
VALERO ENERGY CORP. (VLO.N)
C. Christi, TX N/A ISE Q2-07 MTBE unit conversion
Houston, TX N/A HCU Q2-07 Mild hydrocracker
Pt. Arthur, TX 75,000 bpd CDU Q1-07 completed and in operation

125,000 bpd refinery 2009 $1.3 billion project, engineering

underway, not yet sanctioned
St Charles, LA 45,000 bpd CDU 2010 $1.4 bln, board approved

10,000 bpd coker

50,000 bpd HCU
Tx. City, TX 20,000 bpd CDU N/A Expansion canceled on costs

12,000 bpd DCU N/A Expansion canceled on costs
WRB REFINING LLC
Borger, TX 20,000 bpd DCU Q2-07 Bitumen phase 1, $500 million

debottleneck refinery 2009 Bitumen phase 2, $300 million

54,000 bpd CDU 2012 Bitumen phase 3, $600 million
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ROCKY MOUNTAINS (PADD 4)
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CONOCOPHILLIPS
Billings, MT 10,000 bpd CDU/VDU Q2-07 Heavy crude capacity up 46,000 bpd
FRONTIER
Cheyenne, WY 4,500 bpd DCU Q3-07 $89 million expansion

N/A CDU Q2-07 $8 million revamp
HOLLY
Woods Cross, UT 5,000 bpd CDU Q4-08

15,000 bpd HCU Q4-08 $100 million for both projects
SINCLAIR
Salt Lake, UT 60,000 bpd DCU 2009
Sinclair, WY 20,000 bpd CDU late-06

20,000 bpd DCU late-06 coker purchased from idle refinery
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WEST COAST (PADD 5)
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BIG WEST OIL LLC
Bakersfield, CA 19,200 bpd FCC 2008 $680 million conversion capacity

25,000 bpd DHT 2008 project to double CARB diesel and

9,000 bpd ALK 2008 gasoline output.
CHS INC. (CHSCP.O)
Laurel, MT 15,000 bpd DCU Aug-08 $325 million
CONOCOPHILLIPS
Ferndale, WA 25,000 bpd DCU N/A Adds 25,000 bpd heavy oil capacity

5,000 bpd CDU N/A
Rodeo, CA 20,000 bpd HCU

5,000 bpd CDU
Los Angeles N/A DCU N/A/ Revamp, clean yields up 2 percent
TESORO CORP. (TSO.N)
Los Angeles N/A DCU N/A revamp

N/A DHT N/A revamp
Martinez, CA N/A DCU N/A Conversion of existing fluid

coker,costs as high as $525

million from $275 million initial

estimate
Anacortes, WA 25,000 bpd DCU cancelled July 2006 on costs

N/A refinery H2-07

$34 million sour crude revamp
VALERO
Benicia, CA N/A DHT Q3-07 ULSD unit, $105 million
Wilmington, CA N/A ALK Q4-07 $195 million project
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PERMITS PENDING
MARATHON

Canton, OH Diesel hydrotreater waiting for air permits
MOTIVA

Norco, LA Modification of hydrocracking unit Feb 7 2008
KEY: FCC: Fluid Catalytic Cracker; CDU: Crude Distillation Unit; VDU: Vacuum
Distillation Unit; DCU: Delayed Coker Unit; DHT: Distillate Hydrotreater; HTU:
Hydrotreater; HCU: Hydrocracker; CCR: Catalytic Reformer; KHT: Kerosene
Hydrotreater; GDS: Gasoline Desulphurization Unit; ALK: Alkylation unit ISE:
Iso-Octene unit