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United Gas Corporation

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496: 27: 673:. These new board members, most of whom were also directors of Pennzoil, constituted a majority of both boards. From that point on, Pennzoil exercised ultimate control over the actions of United Gas Corporation and United Gas Pipeline Company. In April 1968, Pennzoil compelled a merger of United and Pennzoil, forming Pennzoil United, Inc. In December 1968 Pennzoil forced United Gas Pipeline Company to pay a dividend of $ 51,000,000 to its new owner. 313:, carrying 8% of the nation's supply, and was eight times the size of its buyer. The dramatic takeover, accomplished by a cash tender offer using vast amounts of borrowed money and United's own assets as collateral, was the first of its kind in the United States, and, together with the subsequent asset spin-off, the event is a classic example of the 348:. By 1916, McGowen, still operating on behalf of the Palmer Corporation, secured control of a number properties in the newly discovered Monroe Gas Field. McGowen continued to add smaller companies, culminating in the merger of the Palmer Corporation and Electric Power & Light to form the Louisiana Gas and Fuel Company, now having operations in 519:, general counsel, George Naff, and assistant chief engineer, Baxter Goodrich. Texas Eastern became a dominant pipeline player in its own right, and, in exchange for releasing the employees, United was guaranteed another market for its gas production and supply. The close relationship between the two companies would interest the 550:. Annual reports indicated that, in 1953, United owned and operated more than 9,000 field and transmission lines that distributed more than 800,000,000,000 cubic feet of natural gas annually to 309 cities, towns, and communities. Of the approximately 18 pipeline systems built in the region, United owned five. 435:. The plant is still operational in Shreveport today. The company also developed extensive mines and technology through its subsidiaries, Duval Corporation, a miner and miller of copper, potash, sulphur and other materials, and UGC Instruments, a manufacturer of electronic devices primarily used in the 523:
over the ensuing years. Hargrove would ultimately perish in a tragic airplane accident, occurring when a seaplane owned by United Gas crashed into the treetops outside of Shreveport during the return from a three-day duck hunting trip hosted by United Gas. The crash killed 12 people, including six
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United's management was indeed caught off guard, and, although leadership advised against the tender, the response to the Pennzoil offer was much greater than anticipated. By December 7, 1965, 4,982,096 out of the 12,868,982 shares outstanding had been tendered to Pennzoil, with additional shares
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Pennzoil then deposed the old board of directors of both United Gas Corporation and its wholly owned subsidiary, United Gas Pipeline Company, appointing Hugh Liedtke as chairman of the board and William Liedtke as chairman of the executive committee. The executive committee consisted of Messrs.
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controlled 60% of natural gas produced and 58% of total pipeline mileage. One of these big four companies was the United Gas Corporation. On January 19, 1940, United Gas Pipe Line Company became the first pipeline company to handle 1,000,000,000 cubic feet of natural gas in one day.
532:. Shreveport leaders killed in the crash were Hargrove, financier Justin R. Querbes, Sr., Interstate Electric President Randolph Querbes, Sr., Atlas Processing Chairman John B. Atkins, Sr., Goldring’s Vice President E. Bernard Weiss, and independent oil producer J.P. Evans. 291:, which became its fully owned subsidiaries, United Gas was engaged in missile business and various other defense activities related to the U.S. aerospace industry. In particular, it operated data processing centers for military and civil government agencies, including 371:
would join the company in 1928. Then, between 1928 and 1930, McGowen and Parkes combined the assets of five major groups, representing more than 40 power, fuel and utility companies, to form a holding company christened the United Gas Corporation on June 30, 1930.
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Pennzoil proceeded to sell off most of United's assets, first spinning off its retail business and then, in 1974, the huge United Gas Pipe Line Company. The Liedtkes' handling of the affair resulted in a barrage of lawsuits and an investigation by the
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Undaunted, Pennzoil began slowly accumulating shares of United Gas on the open market. By October 1965, Pennzoil owned 275,000 shares of United common stock which it had acquired under an investment program initiated in May 1965. Word of a possible
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rights, including gas wells and over 14,000 acres of leases for $ 500,000 and the smaller Pearl Valley Oil & Gas Company's Jackson assets. Now positioned atop the heap and with ready access to cheap natural gas, United offered to buy the
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in size and scope, United Gas was one of the first natural gas transmission companies. In 1968, United was merged into Pennzoil, and the firm was renamed Pennzoil United, Inc. The retail gas distribution assets of United were spun off into
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On July 6, 1949, United Gas Corporation was listed on the New York Stock Exchange, with an initial listing of 10,700,000 shares. By the early 1950s, United Gas owned and operated an extensive pipeline system stretching across the
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to form Union Producing Company for exploration and production, Atlas Processing for refining, United Gas Pipeline Company for long-distance transmission, and parent, United Gas Corporation, as the distributor for cities.
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leaked, however, and shares of United Gas soared. Then, Pennzoil hit upon a method for acquiring United in one fell swoop, the cash tender offer, a practice unheard of in the United States but widely used in the
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United proved to be a pioneer in the gas delivery industry. To provide raw supplies to its markets, United and its pipeline contractors pioneered the construction of natural-gas gathering lines across
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in 1970. United Gas Pipeline stock was distributed to Pennzoil shareholders in 1974, and that company was eventually restructured as United Energy Resources, Inc., which was, in turn, acquired by
259:, Atlas Processing, UGC Instruments, and Duval Mining, performed integrated exploration, production, processing, and distribution of oil and natural gas and other raw materials. Second only to 708: 1266:
Plummer, Marguerite R. and Joiner, Gary D., Historic Shreveport-Bossier: An Illustrated History of Shreveport and Bossier, p. 53 Historical Publishing Network (San Antonio, TX 2000)
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The absorption of the United companies turned Pennzoil into a large and diversified natural-resources company. Its 1970 sales hit $ 700 million, up tenfold from 1963, and its
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The earliest company making up what would be United Gas Corporation entered Shreveport prior to 1915 as The Palmer Corporation of Shreveport, owned by Honore and Potter
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era saw United's rise accelerate, as regional markets for cheap natural gas appeared and expanded. By 1947, United Gas was the largest gas company in the
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10 MJ) across the country every day, making up 8% of the nation's supply. In researching the company, Liedtke also discovered United's vast
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continuing to be tendered. Because of the volume of shares tendered, Pennzoil was forced to arrange over $ 200,000,000 in debt financing,
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of United common stock at $ 41 per share. As of that date, United was selling at $ 35.75 on the open market. Liedtke, according to
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Accordingly, on November 22, 1965, Pennzoil made a public offer to the United common stockholders to purchase a minimum of 1,000,000
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became aware of United Gas, by 1965 the nation's busiest pipeline operator, conveying 3 billion cubic feet of natural gas (3.2
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http://leagle.com/decision/19851718478So2d1240_11415.xml/LA.%20POWER%20&%20LIGHT%20CO.%20v.%20UNITED%20GAS%20PIPE%20LINE%20CO
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at considerably below market value. With no way to compete, Southern was forced to sell. United's purchase included miles of
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https://news.google.com/newspapers?nid=950&dat=19670201&id=gkhQAAAAIBAJ&sjid=N1cDAAAAIBAJ&pg=2847,203057
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The Louisiana State Office Building in Shreveport was originally the headquarters of the former United Gas Corporation.
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and was described as "an aggressive Lilliputian capturing a sleeping giant," and "the minnow swallowing the whale.
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Through mergers with eight other companies, Atlas Processing Company became one of the largest refineries in the
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http://www.leagle.com/decision/1965697248FSupp449_1615.xml/UNITED%20GAS%20CORPORATION%20v.%20PENNZOIL%20COMPANY
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mining subsidiary went on to make a series of quick strikes in sulphur, potash, copper, gold, and silver.
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The company continued to add assets and expand until 1937 when the many entities owned by United Gas were
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Oil in the Deep South: A History of the Oil Business in Mississippi, Alabama, and Florida: 1859–1945
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to make the unwelcome offer, "knowing that many United executives would be off for the long weekend
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La. Power & Light Co. v. United Gas Pipeline Company, 478 So.2d 1240, 1246 (La. Ct. App. 1985)
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to Shreveport to manage its gas wells and short pipeline to Shreveport. McGowen set to work in
175: 1598: 1568: 1286: 827: 612:, and other materials. United was, however, eight times the size of the fledgling Pennzoil. 309:
At the time of its takeover by Pennzoil, United operated the busiest pipeline network in the
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Oil & Honor: The Texaco-Pennzoil Wars, Inside the $ 11 Billion Battle for Getty Oil
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La. Power & Light Co. v. United Gas Pipeline Company, 478 So.2d 1240 (La. Ct. App. 1985)
525: 436: 409: 299: 280: 269: 1147:"Pennzoil founder Liedtke leaves behind legacy in oil industry - Houston Business Journal" 8: 440: 256: 217: 901: 395:, United's efforts ended with a monopoly of the Jackson Gas Field, having bought all of 1110: 473: 417: 405: 179: 1604: 1574: 1533: 1292: 1034: 1009: 833: 734: 590: 504: 481: 345: 1508: 375:
United next entered the Jackson Gas Field, soon controlling most of the gas in that
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Regulated Enterprise: Natural Gas Pipelines and Northeastern Markets, 1938–1954
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built the first large-diameter submarine pipeline, spanning 25 miles across
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The Evening Independent, February 1, 1967, "United Gas Has Record Income"
26: 832:. Jackson, Mississippi: University Press of Mississippi. pp. 61–62. 477: 380: 353: 760: 511:. In that same year, several United employees left the company to form 547: 465: 194: 135: 669:
Boviard, Everett, Haslanger, Kerr, Hugh Liedtke, William Liedtke, and
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United Gas Corp. v. Pennzoil Co., 248 F.Supp. 449 (S.D.N.Y. 1965)
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United Gas Corp. v. Pennzoil Co., 248 F.Supp. 449 (S.D.N.Y. 1965)
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Brock, Erick J., Erick Brock's Shreveport, p. 197 (Brock 2001)
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missile test data analyzing, provided processing services for
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was a major oil company from its inception in 1930 to its
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and open water. In 1941, United Gas and Houston firm,
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and recognizing in the Field a cheap source of gas for
360:, a company McGowen rapidly rose through the ranks of. 1275:
Plummer and Joiner, Historic Shreveport-Bossier, p. 53
786: 1547: 1394: 1392: 1248: 1209: 553: 1400:"Crash 60 years ago killed Shreveport leadership" 1389: 1099: 1097: 1095: 1093: 977: 733:Securities and Exchange Commission (1 May 1964). 703: 701: 363: 1659: 1077:"Retirement Ends Era At Pennzoil | News OK" 964:"Pennzoil Company - Lehman Brothers Collection" 328: 1141: 1139: 1090: 698: 593:. The merged company took the Pennzoil name. 589:, Thomas J. Devine, and future U.S. President 1624: 1622: 1620: 1071: 1069: 1067: 1501: 1442: 1160: 895: 893: 891: 889: 887: 885: 883: 861: 859: 857: 855: 853: 851: 849: 524:prominent Shreveporters and Dallas resident 1600:George Bush: The Life of a Lone Star Yankee 1592: 1590: 1136: 1031:"Occidental Merger OKd - Los Angeles Times" 1673:Defunct oil companies of the United States 1617: 1064: 821: 819: 817: 815: 813: 811: 809: 455:investigation revealed that four dominant 337:. The Palmer Corporation sent 22-year-old 25: 1566: 1495: 1374: 1359: 1344: 1332: 1311: 1284: 1190: 1188: 1186: 1184: 880: 846: 728: 726: 1668:Companies based in Shreveport, Louisiana 1635: 1587: 1522: 1023: 494: 1641: 1463: 1196:"Boardwalk Pipeline Partners - History" 1061:, March 22, 1965, v. 16, no. 12, p. 39. 998: 806: 650:using United's own assets as collateral 565:, in 1913. In 1955, it was acquired by 1660: 1596: 1413: 1254: 1242: 1227: 1215: 1181: 1103: 958: 956: 954: 952: 950: 948: 946: 944: 942: 899: 825: 755: 753: 723: 577:. In 1963, South Penn Oil merged with 1573:. New York: Beard Books. p. 62. 1285:Castaneda, Christopher James (1993). 906:. Texas State Historical Association. 656:was cited as a textbook example of a 1683:1968 disestablishments in Louisiana 939: 750: 715:. September 8, 2010. Archived from 13: 1104:Martin, Douglas (August 1, 2003). 247:and subsequent forced merger with 235:United Gas Improvement Corporation 14: 1694: 581:, a company founded by brothers, 1678:1930 establishments in Louisiana 1380: 1278: 1269: 1260: 1133:Forbes, Sept. 15, 1974 p. 54-57 1048: 930: 554:Entrance of Pennzoil and demise 358:Electric Bond and Share Company 325:and regulatory investigations. 1642:Thurber, Jon (April 5, 2003). 900:Odintz, Mark (June 15, 2010). 871: 774: 636:, waited until the day before 608:and large deposits of copper, 540:Goodrich Petroleum Corporation 513:Texas Eastern Transmission Co. 364:United Gas Corporation is born 1: 691: 596:Through business associates, 446: 342:Norris Cochran "N.C." McGowen 663: 484:, extending its pipeline to 329:Early history and beginnings 16:American defunct oil company 7: 1603:. Transaction. p. 85. 1597:Parmet, Herbert S. (1997). 441:United Gas Pipeline Company 289:North Hollywood, California 257:United Gas Pipeline Company 251:in 1968. Headquartered in 218:United Gas Pipeline Company 10: 1699: 1567:Petzinger, Thomas (1987). 826:Hughes, Dudley J. (1993). 232: 1421:"Henry Goodrich - Forbes" 985:"Timeline (1866-Present)" 402:Southern Natural Pipeline 321:and resulted in numerous 304:Vandenberg Air Force Base 293:White Sands Missile Range 277:Benson-Lehner Corporation 193: 170: 141: 129: 117: 107: 96: 81: 71: 59:(March 29, 1930 52: 44: 36: 24: 1055:Mergers and Acquisitions 679:Federal Power Commission 233:Not to be confused with 203:Atlas Processing Company 182:, gold, silver, copper, 31:"Serving the Gulf South" 987:. centerpointenergy.com 634:The Wall Street Journal 563:Los Angeles, California 416:, with an extension to 397:Gulf Refining Company's 223:Union Producing Company 85:April 1, 1968 567:Oil City, Pennsylvania 500: 433:Southern United States 285:Telecomputing Services 241:United Gas Corporation 20:United Gas Corporation 1509:"A Legacy of Service" 573:, a former branch of 515:, including manager, 498: 297:Strategic Air Command 253:Shreveport, Louisiana 123:Shreveport, Louisiana 57:Shreveport, Louisiana 1059:Missiles and Rockets 583:William Liedtke, Jr. 437:oil and gas industry 420:under construction. 410:Jackson, Mississippi 300:1st Missile Division 281:Van Nuys, California 275:Through purchase of 1402:. theadvertiser.com 103:(December 17, 1965) 21: 1511:. bushmonument.com 1111:The New York Times 1037:. 16 February 1986 719:on August 9, 2015. 521:Justice Department 501: 474:Lake Pontchartrain 418:Pensacola, Florida 270:Midcon Corporation 180:petroleum products 19: 1648:Los Angeles Times 1610:978-1-4128-2452-1 1580:978-1-8931-2207-9 1534:Los Angeles Times 1452:. bizjournals.com 1298:978-0-8142-0590-7 1245:, pp. 92–93. 1230:, pp. 91–93. 1170:. bizjournals.com 1149:. bizjournals.com 1035:Los Angeles Times 1010:Los Angeles Times 966:. library.hbs.edu 912:cite encyclopedia 839:978-0-8780-5615-6 735:"SEC News Digest" 686:Duval Corporation 591:George H. W. Bush 526:Thomas E. Braniff 517:Reginald Hargrove 505:Post-World War II 457:holding companies 451:In the 1930s, an 346:Vivian, Louisiana 335:Palmer of Chicago 231: 230: 208:Duval Corporation 1690: 1652: 1651: 1639: 1633: 1626: 1615: 1614: 1594: 1585: 1584: 1564: 1545: 1544: 1542: 1541: 1526: 1520: 1519: 1517: 1516: 1505: 1499: 1496:Castaneda (1993) 1493: 1482: 1481: 1479: 1478: 1467: 1461: 1460: 1458: 1457: 1446: 1440: 1439: 1437: 1436: 1427:. Archived from 1417: 1411: 1410: 1408: 1407: 1396: 1387: 1384: 1378: 1375:Castaneda (1993) 1372: 1363: 1360:Castaneda (1993) 1357: 1348: 1345:Castaneda (1993) 1342: 1336: 1333:Castaneda (1993) 1330: 1315: 1312:Castaneda (1993) 1309: 1303: 1302: 1282: 1276: 1273: 1267: 1264: 1258: 1252: 1246: 1240: 1231: 1225: 1219: 1213: 1207: 1206: 1204: 1203: 1192: 1179: 1178: 1176: 1175: 1164: 1158: 1157: 1155: 1154: 1143: 1134: 1131: 1116: 1115: 1101: 1088: 1087: 1085: 1084: 1073: 1062: 1052: 1046: 1045: 1043: 1042: 1027: 1021: 1020: 1018: 1017: 1012:. 13 August 1985 1002: 996: 995: 993: 992: 981: 975: 974: 972: 971: 960: 937: 934: 928: 927: 921: 917: 915: 907: 897: 878: 875: 869: 863: 844: 843: 823: 804: 801: 784: 778: 772: 771: 769: 768: 757: 748: 747: 745: 744: 739: 730: 721: 720: 713:Shreveport Times 705: 671:Edmundson Parkes 603: 579:Zapata Petroleum 470:Brown & Root 408:stretching from 393:Great Depression 369:Edmundson Parkes 315:leveraged buyout 245:hostile takeover 157:Edmundson Parkes 92: 90: 66: 64: 29: 22: 18: 1698: 1697: 1693: 1692: 1691: 1689: 1688: 1687: 1658: 1657: 1656: 1655: 1640: 1636: 1627: 1618: 1611: 1595: 1588: 1581: 1565: 1548: 1539: 1537: 1528: 1527: 1523: 1514: 1512: 1507: 1506: 1502: 1494: 1485: 1476: 1474: 1469: 1468: 1464: 1455: 1453: 1448: 1447: 1443: 1434: 1432: 1431:on May 28, 2014 1419: 1418: 1414: 1405: 1403: 1398: 1397: 1390: 1385: 1381: 1373: 1366: 1358: 1351: 1343: 1339: 1331: 1318: 1310: 1306: 1299: 1283: 1279: 1274: 1270: 1265: 1261: 1253: 1249: 1241: 1234: 1226: 1222: 1214: 1210: 1201: 1199: 1194: 1193: 1182: 1173: 1171: 1166: 1165: 1161: 1152: 1150: 1145: 1144: 1137: 1132: 1119: 1102: 1091: 1082: 1080: 1075: 1074: 1065: 1053: 1049: 1040: 1038: 1029: 1028: 1024: 1015: 1013: 1004: 1003: 999: 990: 988: 983: 982: 978: 969: 967: 962: 961: 940: 935: 931: 919: 918: 909: 908: 898: 881: 876: 872: 864: 847: 840: 824: 807: 802: 787: 779: 775: 766: 764: 763:. engr.uark.edu 759: 758: 751: 742: 740: 737: 731: 724: 707: 706: 699: 694: 666: 601: 587:J. Hugh Liedtke 561:was founded in 556: 530:Braniff Airways 528:, president of 490:St. Mary Parish 449: 414:Mobile, Alabama 366: 331: 238: 227: 213:UGC Instruments 166: 144: 132: 125: 88: 86: 62: 60: 32: 17: 12: 11: 5: 1696: 1686: 1685: 1680: 1675: 1670: 1654: 1653: 1634: 1616: 1609: 1586: 1579: 1546: 1536:. 4 March 1991 1521: 1500: 1483: 1462: 1441: 1412: 1388: 1379: 1364: 1349: 1337: 1316: 1304: 1297: 1277: 1268: 1259: 1247: 1232: 1220: 1208: 1180: 1159: 1135: 1117: 1089: 1063: 1047: 1022: 997: 976: 938: 929: 879: 870: 845: 838: 805: 785: 773: 749: 722: 696: 695: 693: 690: 665: 662: 658:corporate raid 623:United Kingdom 571:South Penn Oil 555: 552: 536:Henry Goodrich 448: 445: 365: 362: 330: 327: 319:corporate raid 229: 228: 226: 225: 220: 215: 210: 205: 199: 197: 191: 190: 172: 168: 167: 165: 164: 154: 147: 145: 142: 139: 138: 133: 130: 127: 126: 121: 119: 115: 114: 109: 105: 104: 98: 94: 93: 83: 79: 78: 73: 69: 68: 54: 50: 49: 46: 42: 41: 40:Public company 38: 34: 33: 30: 15: 9: 6: 4: 3: 2: 1695: 1684: 1681: 1679: 1676: 1674: 1671: 1669: 1666: 1665: 1663: 1649: 1645: 1638: 1631: 1625: 1623: 1621: 1612: 1606: 1602: 1601: 1593: 1591: 1582: 1576: 1572: 1571: 1563: 1561: 1559: 1557: 1555: 1553: 1551: 1535: 1531: 1525: 1510: 1504: 1498:, p. 44. 1497: 1492: 1490: 1488: 1473:. nyxdata.com 1472: 1466: 1451: 1445: 1430: 1426: 1422: 1416: 1401: 1395: 1393: 1383: 1377:, p. 97. 1376: 1371: 1369: 1362:, p. 96. 1361: 1356: 1354: 1347:, p. 41. 1346: 1341: 1335:, p. 42. 1334: 1329: 1327: 1325: 1323: 1321: 1314:, p. 26. 1313: 1308: 1300: 1294: 1290: 1289: 1281: 1272: 1263: 1257:, p. 93. 1256: 1255:Hughes (1993) 1251: 1244: 1243:Hughes (1993) 1239: 1237: 1229: 1228:Hughes (1993) 1224: 1218:, p. 91. 1217: 1216:Hughes (1993) 1212: 1197: 1191: 1189: 1187: 1185: 1169: 1163: 1148: 1142: 1140: 1130: 1128: 1126: 1124: 1122: 1113: 1112: 1107: 1100: 1098: 1096: 1094: 1078: 1072: 1070: 1068: 1060: 1056: 1051: 1036: 1032: 1026: 1011: 1007: 1001: 986: 980: 965: 959: 957: 955: 953: 951: 949: 947: 945: 943: 933: 925: 913: 905: 904: 896: 894: 892: 890: 888: 886: 884: 874: 868: 862: 860: 858: 856: 854: 852: 850: 841: 835: 831: 830: 822: 820: 818: 816: 814: 812: 810: 800: 798: 796: 794: 792: 790: 783: 777: 762: 756: 754: 736: 729: 727: 718: 714: 710: 704: 702: 697: 689: 687: 682: 680: 674: 672: 661: 659: 655: 651: 645: 643: 639: 635: 631: 626: 624: 619: 613: 611: 607: 599: 594: 592: 588: 584: 580: 576: 572: 568: 564: 560: 551: 549: 543: 541: 537: 533: 531: 527: 522: 518: 514: 510: 506: 497: 493: 491: 487: 486:Eugene Island 483: 479: 475: 471: 467: 461: 458: 454: 444: 442: 438: 434: 429: 426: 421: 419: 415: 411: 407: 403: 398: 394: 390: 386: 382: 378: 373: 370: 361: 359: 355: 351: 347: 343: 340: 336: 326: 324: 320: 316: 312: 311:United States 307: 305: 301: 298: 294: 290: 286: 282: 278: 273: 271: 267: 262: 258: 254: 250: 246: 242: 236: 224: 221: 219: 216: 214: 211: 209: 206: 204: 201: 200: 198: 196: 192: 189: 185: 181: 177: 174:natural gas, 173: 169: 162: 158: 155: 152: 149: 148: 146: 140: 137: 134: 128: 124: 120: 116: 113: 110: 106: 102: 99: 95: 84: 80: 77: 74: 70: 58: 55: 51: 47: 43: 39: 35: 28: 23: 1647: 1637: 1599: 1569: 1538:. 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McGowen 37:Company type 920:|work= 478:New Orleans 425:reorganized 381:Mississippi 354:Mississippi 131:Area served 1662:Categories 1540:2014-05-26 1515:2014-05-26 1477:2014-05-26 1456:2014-07-05 1435:2014-07-05 1425:forbes.com 1406:2014-07-05 1202:2014-05-26 1174:2014-07-05 1153:2014-05-26 1083:2014-07-05 1041:2014-05-26 1016:2014-05-26 991:2014-05-26 970:2014-05-26 767:2014-05-26 743:2014-07-05 692:References 569:, company 548:Gulf South 466:marshlands 447:Rapid rise 283:, and the 176:condensate 153:(Chairman) 143:Key people 136:Gulf South 89:1968-04-01 63:1930-03-29 922:ignored ( 664:Aftermath 509:Southwest 488:south of 161:President 108:Successor 48:Petroleum 903:Pennzoil 654:takeover 618:takeover 559:Pennzoil 482:offshore 406:pipeline 339:Canadian 323:lawsuits 261:Gulf Oil 249:Pennzoil 171:Products 112:Pennzoil 101:Acquired 45:Industry 610:sulphur 476:, near 389:Florida 385:Alabama 306:, etc. 188:sulphur 87: ( 82:Defunct 72:Founder 61: ( 53:Founded 1607:  1577:  1295:  836:  630:shares 387:, and 186:, and 184:potash 163:, CEO) 1057:. // 738:(PDF) 350:Texas 1605:ISBN 1575:ISBN 1293:ISBN 924:help 834:ISBN 585:and 503:The 377:play 352:and 317:and 97:Fate 644:". 453:FTC 412:to 302:at 279:of 1664:: 1646:. 1619:^ 1589:^ 1549:^ 1532:. 1486:^ 1423:. 1391:^ 1367:^ 1352:^ 1319:^ 1235:^ 1183:^ 1138:^ 1120:^ 1108:. 1092:^ 1066:^ 1033:. 1008:. 941:^ 916:: 914:}} 910:{{ 882:^ 848:^ 808:^ 788:^ 752:^ 725:^ 711:. 700:^ 681:. 542:. 492:. 443:. 383:, 272:. 1650:. 1632:. 1613:. 1583:. 1543:. 1518:. 1480:. 1459:. 1438:. 1409:. 1301:. 1205:. 1177:. 1156:. 1114:. 1086:. 1044:. 1019:. 994:. 973:. 926:) 842:. 770:. 746:. 602:Γ— 237:. 159:( 91:) 67:) 65:)

Index


Shreveport, Louisiana
N.C. McGowen
Acquired
Pennzoil
Shreveport, Louisiana
Gulf South
N.C. McGowen
Edmundson Parkes
President
condensate
petroleum products
potash
sulphur
Subsidiaries
Atlas Processing Company
Duval Corporation
UGC Instruments
United Gas Pipeline Company
Union Producing Company
United Gas Improvement Corporation
hostile takeover
Pennzoil
Shreveport, Louisiana
United Gas Pipeline Company
Gulf Oil
Entex Energy
Midcon Corporation
Benson-Lehner Corporation
Van Nuys, California

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