Old Oil Stocks – in progress “F”
People seeking obscure financial information probably will not find riches here – see Not a Millionaire from Old Oil Stock. The American Oil & Gas Historical Society, which depends on your donations, doesn’t have resources for extensive research.
But as AOGHS looks into forum queries as part of its energy education mission, investigations have revealed interesting stories like Mrs. Dysart’s Uranium Well and Buffalo Bill’s Shoshone Oil Company; others have found questionable dealings during booms and “black gold” fever epidemics like Arctic Explorer turns Oil Promoter.
Visit the Stock Certificate Q & A Forum and view company updates regularly added to the A-to-Z listing at Is my Old Oil Stock worth Anything? AOGHS will continue to look into forum queries, including these “in progress.”
Fairchild Petroleum
One company named Fairchild Petroleum was incorporated in 1921 capitalized at $120,000 in Paintsville, Kentucky, a few miles from the town of Oil Springs (also known as Medina) and home to the Big Sandy Oil & Refining Company. Although there was substantial interest in Johnson County’s petroleum prospects, there is little trace of Fairchild Petroleum activity in Kentucky.
More information may be available from the Kentucky secretary of state business services. This notwithstanding, in 1922 a Fairchild Petroleum Company drilled the No. 1 Boggs well in Brazoria County, Texas, and also drilled in Liberty County, near Nome. The No. 1 Boggs reportedly produced oil from a depth of 4,550 feet. The Texas Railroad Commission maintains records that may provide further insights. (more…)
