History
On Jan 13, 1999 Snyder Oil Corporation and Santa Fe Energy Resources announced their intention to merge. The merger was completed on May 5, 1999.
Santa Fe Snyder was engaged in the exploration, development, acquisition and production of crude oil and natural gas in the U.S. and certain international areas. Its core US areas were the Gulf of Mexico, the Permian Basin and the Rocky Mountains and its core international areas were Southeast Asia and South America. The company also had oil production and conducted some exploration operations, in West Africa.
As of Dec. 31, 1999 Santa Fe Snyder reported annual revenue of $510.3 million, net proved reserves of 386.3 million barrels of oil equivalents, and 1,408 employees.
Read more about this topic: Santa Fe Snyder
Famous quotes containing the word history:
“The history of his present majesty, is a history of unremitting injuries and usurpations ... all of which have in direct object the establishment of an absolute tyranny over these states. To prove this, let facts be submitted to a candid world, for the truth of which we pledge a faith yet unsullied by falsehood.”
—Thomas Jefferson (1743–1826)
“History takes time.... History makes memory.”
—Gertrude Stein (1874–1946)
“I cannot be much pleased without an appearance of truth; at least of possibility—I wish the history to be natural though the sentiments are refined; and the characters to be probable, though their behaviour is excelling.”
—Frances Burney (1752–1840)