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.
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Famous quotes containing the words oil and/or company:
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—Margaret Anderson (1886–1973)
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