In mid-July of 1968, Hunt’s Placid Oil …

Years: 1968 - 1968

In mid-July of 1968, Hunt’s Placid Oil Company and several other major oil companies—Gulf Oil, Shell (US), British Petroleum, Standard Oil of California (Chevron), Mobil, and Atlantic-Richfield Corporation (Arco)—begin exploring for oil in the Great South Basin.

Hunt reportedly funds 45.5% of the exploration costs.

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