Home Oil Company

4 days ago 6

top: replaced: wholly-owned → wholly owned

← Previous revision Revision as of 13:38, 7 July 2025
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'''Home Oil Company Limited''' was a Canadian independent petroleum company that existed from 1925 and 1995. Home was founded to produce oil in the [[Turner Valley]] field, and by the end of [[World War II]] was the country's largest independent producer.<ref>David Crane, ''Controlling Interest: The Canadian Gas and Oil Stakes'' (Toronto: McClelland and Stewart, 1982), 40.</ref> Between 1952 and 1972, Home was controlled by [[Robert Arthur Brown Jr.|Robert A. Brown Jr.]], who pursued an aggressive and high-risk strategy. From 1979 and 1991 Home Oil operated as a wholly-owned subsidiary, first of the [[Enbridge|Consumers' Gas Company]], then of Hiram Walker, and lastly of the [[Enbridge|Interprovincial Pipe Line Company]]. On 1 May 1991, Home Oil regained its independent status, which it retained for the duration of its existence. In 1995, [[Anderson Exploration]] acquired Home for C$879 million.<ref>Alan Boras, "Anderson takes over Home Oil," ''Calgary Herald'' (8 September 1995), D9.</ref> After [[Devon Energy]] acquired Anderson in 2001, Home was finally struck off in September 2002.
'''Home Oil Company Limited''' was a Canadian independent petroleum company that existed from 1925 and 1995. Home was founded to produce oil in the [[Turner Valley]] field, and by the end of [[World War II]] was the country's largest independent producer.<ref>David Crane, ''Controlling Interest: The Canadian Gas and Oil Stakes'' (Toronto: McClelland and Stewart, 1982), 40.</ref> Between 1952 and 1972, Home was controlled by [[Robert Arthur Brown Jr.|Robert A. Brown Jr.]], who pursued an aggressive and high-risk strategy. From 1979 and 1991 Home Oil operated as a wholly owned subsidiary, first of the [[Enbridge|Consumers' Gas Company]], then of Hiram Walker, and lastly of the [[Enbridge|Interprovincial Pipe Line Company]]. On 1 May 1991, Home Oil regained its independent status, which it retained for the duration of its existence. In 1995, [[Anderson Exploration]] acquired Home for C$879 million.<ref>Alan Boras, "Anderson takes over Home Oil," ''Calgary Herald'' (8 September 1995), D9.</ref> After [[Devon Energy]] acquired Anderson in 2001, Home was finally struck off in September 2002.


== History ==
== History ==
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