Monsanto Buys Mound Oil and Gas Assets in Three States
Monsanto Company of St Louis and Mound Company of Houston announce a merger to acquire oil and gas assets including producing wells in Texas Louisiana and Mississippi with underdeveloped leases in those states and Nebraska. Daily output is about 2500 barrels of oil and petroleum liquids and 35 million cubic feet of gas.
MENTIONED IN THIS ARTICLE
Houston
Monsanto Chemical Company
St. Louis
Mound Company
Monsanto
Mound
H. H. Bible
D. R. Bullard
Texas
Louisiana
Mississippi
Nebraska
Amarillo oil jobbers plan Texas meeting on sales and education
Amarillo hosts an all across Texas program for oil jobbers and distributors focusing on promoting insurance sales, guidance, and better selling and placement. James E. Moore of Dallas will lead sessions on sales management and distributive education as part of a statewide series sponsored by the Texas Oil Jobbers Association and Petroleum Marketers Association. In New York, small oil wells dominate energy figures, with stripper wells producing 592 million barrels annually and 68.7 percent of wells yielding 10 barrels per day or less.
MENTIONED IN THIS ARTICLE
Moore Will
Glenn Mabry
Amarillo
Thesechairman
Texas Oil Jobries
Ters Association
700 West 10Th Ing
Mabry
Ave
Texas
Texas Oil Jobbers Association
Petroleum Marketers Association
James E. Moore
Dallas
Moore
University of Texas, Distributive Education Department
University of Texas
Texas Western College
New York
America
U.S
Oil Facts figures show USSR output 3.7m bbls daily in 1962
According to Oil Facts the Soviet Union produced about 3.7 million barrels per day in 1962, versus roughly 7.3 million barrels daily in the United States, highlighting a major gap in production between the two superpowers.
MENTIONED IN THIS ARTICLE
Ussr
U.S
Governors Expected for IOCC Meet in New Orleans
Louisiana Governor Jimmie H. Davis will host governors from at least eight oil producing states at the Interstate Oil Compact Commission meeting opening Wednesday in New Orleans. The four day gathering may present criticism of Louisiana production gains, with attendees from Indiana New Mexico Oklahoma Wyoming Nebraska Kansas Texas and Montana expected to join. Deliberations include water sands protection and oil pollution control programs with delegates registering Wednesday and sessions beginning Thursday.
MENTIONED IN THIS ARTICLE
New Orleans
UPI
Louisiana
Jimmie H. Davis
Wednesay
Houston
Santa Fe
N. M
Matthew E. Welsh
Indiana
Jack M Campbell
New Mexico
Henry L. Bellman
Oklahoma
Clifford Hansen
Wyoming
Frank B. Morrison
Nebraska
John Anderson Jr
Kansas
John Connally
Texas
Tim FE. Babcock
Montana
PPI Plans Liquidation in 55 Million Sale Split
Producing Properties Inc. moves toward final liquidation with a proposed 55 million deal. The board recommends selling PPI properties in three groups led by a Reserve Oil and Gas Co. tranche to Elbee Ventures Inc. for 24 million, with the remainder totaling about 28 million for the other groups.
MENTIONED IN THIS ARTICLE
Dallas
Properties Inc
Direcors
Southland Center
PPI
Reserve Oil and Gas Co
Texas
Oklahoma
Kansas
Nebraska
Pulaski Dies In Houston
Louis Pulaski, 69, an independent oilman and president of MPS Production Co., died after a three month illness in Metho dist Hospital Houston. He is survived by his widow, a daughter Mrs Robert Sud, a son Dan J Pulaski, and a sister Mrs Michael Meyers of Houston. Services will be held tomorrow morning in Congregation Beth Yeshurun.
MENTIONED IN THIS ARTICLE
Houston
Louis Pulaski
Methodist Hospital
Pulaski
MPS Production Co
Robert Sud
Dan J. Pulaski
Michael Meyers
Congregation Beth Yeshurun
PPI announces plan to raise funds through debt and stock sale
PPI proposes about 10 million in debentures plus a 27 dollar bid on 100000 shares of preferred stock and a $7.25 to $7.50 distribution for roughly 2.805 million common shares. PPI common traded on OTC between 6.625 and 7.25. If shareholders approve, sale could occur in early fall. Athens report notes Nobel prizes now restricted in Greece and valued around 40,000.
MENTIONED IN THIS ARTICLE
Athens
Greece
City Senator Will Attend World Meet
Gov. Connally named six Texas lawmakers to represent the state at the sixth World Petroleum Congress, to be held in June 1926 in Frankfurt, Germany. The group includes Sen. Grady Hazlewood of Texas, Sen. Charles Herring, Sen. Tom Creighton, P. R. Rutherford Sr., Arch Rowan, and R. O. Garrett. They will attend at their own expense to keep pace with petroleum and natural gas developments vital to Texas oil.
MENTIONED IN THIS ARTICLE
Sixth World Petroleum Congress
Grady Hazlewood
Frankfurt
Germany
John Connally
Charles Herring
Austin
Tom Creighton
Mineral Wells
P. R. Rutherford Sr
Houston
Arch Rowan
Fort Worth
R. 0. Garrett
Connally
Texas
Bombs Found Unexploded In Madrid Streets Near Embassy
Two home made bombs were found unexploded in Madrid streets with one located in front of the West German Embassy police said on Thursday UPI reports.
MENTIONED IN THIS ARTICLE
Madrid
UPI
Minimum Freight Rates push to Congress to cut costs
The piece urges passage of the Minimum Rates bill, arguing it will lower freight charges and consumer prices. It cites Southern Railway cutting grain rates from Cincinnati to Charlotte in 100-ton cars to $1,809.56 from $4,788.00, saving $2,978.64 on a single shipment, and predicts nationwide savings across eggs, poultry, beef, milk, pork, and bread.
MENTIONED IN THIS ARTICLE
Southern Railway
South
Cincinnati
Ohio
Charlotte
N. C
State Department of Agriculture
America
Congress
Also Mentioned on This Page
Sina
Maker
I.D.L
Rainbow Lodge
Cool
Colorado
Vallecito Lake
Herb
Mary Elizabeth Jobes
Bayfield, Colo
HERN
Kentucky
LEY
Frankfort Distilling CO
Louisville, Kentuged
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!