Home Oil Company Limited was a Canadian independent petroleum company that existed from 1925 and 1995. Home was founded to produce oil in the Turner Valley field, and by the end of World War II was the country's largest independent producer.David Crane, Controlling Interest: The Canadian Gas and Oil Stakes (Toronto: McClelland and Stewart, 1982), 40. 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.Alan Boras, "Anderson takes over Home Oil," Calgary Herald (8 September 1995), D9. After Devon Energy 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.Philip Smith, The Treasure-Seekers: The Men Who Built Home Oil, (Toronto: Macmillan, 1978), 25. By 1952, Robert A. Brown, Jr had acquired control of home.Earl Grey, The Great Canadian Oil Patch, (Toronto: Maclean-Hunter, 1970), 234. 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.A Tradition of Service: The Story of Consumers Gas, (Toronto: Bowne Incorporated, 1993), 170. 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
President
William Curtis Shelly, 1925–1931 Lt-Col Nelson Charles Spencer, 1931–1939 Robert Ker, 1939–1944 Maj James Robert Lowery, 1944–1951 Robert Brown Curran, 1951–1952 John Wray Moyer, 1952–1955 Robert Arthur Brown Jr., 1955–1972 Ross Ferguson Phillips, 1973–1979 Alexander M. McIntosh, 1979–1981 Richard Francis Haskayne, 1981–1991 David Evan Powell, 1991–1995
Chairman of the Board
Maj-Gen John William Stewart, 1925–1938 Lt-Col Nelson Charles Spencer, 1939–1951 Maj James Robert Lowery, 1951–1953 Robert Arthur Brown Jr., 1953–1955 John Wray Moyer, 1955–1968 Oakah L Jones, 1971–1973 Anthony George Scott Griffin, 1973–1979 Ross Ferguson Phillips, 1979
References
External links Home Oil Company Ltd Fonds – Held by the Glenbow Museum Home Oil Company Limited – Canadian Corporate Reports, at the McGill Digital Archives