Home Oil Company Limited was a

Canadian Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of ...

independent petroleum company that existed from 1925 and 1995. Home was founded to produce oil in the

Turner Valley Turner Valley is a town in the Calgary Metropolitan Region of Alberta, Canada that is surrounded by Foothills County. It is on Highway 22 (Cowboy Trail), west of Black Diamond and approximately southwest of Calgary. It was named after Robert a ...

field, and by the end of

World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposin ...

was the country's largest independent producer. Between 1952 and 1972, Home was controlled by 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 Consumers' Gas Company, then of Hiram Walker, and lastly of the 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. After

Devon Energy Devon Energy Corporation is an energy company engaged in hydrocarbon exploration in the United States. It is organized in Delaware and its corporate operative headquarters are in the 50-story Devon Energy Center in Oklahoma City, Oklahoma. Its ...

acquired Anderson in 2001, Home was finally struck off in September 2002.

History

Home was founded in 1925 by James R. Lowery and was backed by a group of establishment businessmen from Vancouver. By 1952, Robert A. Brown, Jr had acquired control of home. He ran the company until 1971, when personal debt forced him to sell his stake. At that time the company was purchased by the Consumers' Gas Company Limited, based in Toronto. In 1980 Consumers' was acquired by Hiram Walker, which ran Home until 1986.Timothy Pritchard, "Consumers' Gas and Hiram Walker seek $1.3 billion merger," ''Globe and Mail'' (10 January 1980), B1.

Leadership

References

External links

Home Oil Company Ltd Fonds
– Held by the

Glenbow Museum The Glenbow Museum is an art and history regional museum in the city of Calgary, Alberta, Canada. The museum focuses on Western Canadian history and culture, including Indigenous perspectives. The Glenbow was established as a private non-profi ...

Home Oil Company Limited
– Canadian Corporate Reports, at the McGill Digital Archives {{Canada-company-stub Companies based in Calgary Canadian companies established in 1925 Defunct companies of Canada Defunct energy companies of Canada Defunct oil and gas companies of Canada Defunct oil companies Oil and gas companies Oil companies of Canada