Who owns hunt oil

Industry Leader For more than 80 years, Hunt has conducted first-class projects worldwide. Family Leadership Since , Hunt has had a unique and storied legacy that continues to this day. Learn More. Doing business with Hunt A reputation for excellence is reflected in Hunt's joint venture relationships with a number of the world's largest companies.

Social Responsibility Hunt is an active, contributing member of the communities in which it operates. LNG Hunt is one of the few independent oil and gas companies with liquefied natural gas projects as a major line of business. Power Hunt and its affiliates are involved in a variety of innovative activities related to the electric power industry. Real Estate Hunt has been active in the real estate acquisition, ownership and investment business for more than 30 years.

Investments Hunt has investments in a number of different companies outside of the areas of oil and gas and real estate. Ranching Hunt's management company oversees the large-scale land investments of Hunt Consolidated, Inc. From its initial focus on energy in the earliest days of the American oil and gas industry, the success of the Hunt family of companies has allowed for growth in a variety of industries.

In November , H. Hunt acquired the Daisy Bradford No. The Bradford No. Hunt Oil Company was incorporated in Delaware on December 18, The first office was located in Tyler, Texas. The company moved to Dallas in Hunt Oil Company founder H. Hunt firmly believed that over-drilling would kill oil fields prematurely. In , the Long Lake Recycling Plant opened. He used this plant to conserve gas and maximize oil recovery from the East Texas field.

By reinjecting salt water into a reservoir, good oil pressure could be maintained, and this enabled the East Texas field to supply a large amount of the fuel used by Allied forces in WWII. In , Hunt Oil Company developed the first commercial oil well in Alabama.

His father, H. In some instances, those businesses had become dysfunctional by the third generation and the only outcomes were to fail or be sold to a larger company. The company also has operations in Yemen, including an LNG facility, and in the Kurdistan region of Iraq—regions certainly not viewed favorably by Wall Street or other operators. In the 11 years between entering Peru and selling its Canadian assets in , he said, Hunt Oil experienced about a dozen fiscal changes to its contractual framework in Canada compared with none in Peru.

Knowing when to bow out due to market concerns is also important, noted Hunter. We were probably late by a year and a half to 2 years compared to the top [early-moving companies], but we were happy when we exited. Being a private company, Hunt Oil had to figure out a way to generate the liquidity needed to execute unconventional projects, particularly in the Permian. We wanted to hold on to the legacy upside of the Permian as much as we could.

Their eye toward the energy future includes Hunt Energy Enterprises.