Marland Oil Company and CONOCO
The main office was in Ponca City and the company stayed in operation until 1917 when it was sold for cash and stock in the Marland Oil Company, later (January 3, 1921), incorporated in Delaware to acquire through an exchange of stock control of the Marland Refining Co. and Kay County Gas Co. Name changed to Continental Oil Company June 26, 1929, at which time it acquired for a consideration of 2,317,266 shares of stock, the assets (subject to liabilities) of Continental Oil Company, a Maine corporation, founded in 1875 as the Continental Oil and Transportation Company, based in Ogden, Utah, originally a coal, oil, kerosene, grease and candles distributor in the West.
Read more about this topic: 101 Ranch Oil Company
Famous quotes containing the words oil and/or company:
“Courage, determination, and hard work are all very nice, but not so nice as an oil well in the back yard.”
—Mason Cooley (b. 1927)
“It has lately been drawn to your correspondent’s attention that, at social gatherings, she is not the human magnet she would be. Indeed, it turns out that as a source of entertainment, conviviality, and good fun, she ranks somewhere between a sprig of parsley and a single ice- skate. It would appear, from the actions of the assembled guests, that she is about as hot company as a night nurse.”
—Dorothy Parker (1893–1967)