ApexNews

search

Book

Boone

1987

Synopsis

Pickens, in case anyone needs to bereminded, is the independent Texas oil producer and financier who not long ago engineered, in his words, "the largest corporate merger of all time"the Gulf Oil "deal" that increased Gulf stock prices to the immense profit of shareholders (including Pickens) while obliterating the giant corporation itself. This memoir gives an inside, often eyebrow-raising look at the workings of the oil industry as Pickens progresses from a hardscrabble, Texas Panhandle existence to small-scale oil well wild-catting with financing hard to come by; regional and national success with his Mesa Petroleum Co.; risky North Sea exploration during the OPEC oil "shortage"; limited acceptance by industrial-establishment executives at hunting-lodge conclaves; the Gulf set-to and other, less spectacular deals. "The entrepreneurial spirit," says Boone, "is rooted in the desire to make money."

Related Topics

bereminded timethe catting eyebrow conclaves obliterating panhandle lodge opec financier boone pickens shareholders hardscrabble mesa financing shortage petroleum merger risky

engineered producer acceptance progresses entrepreneurial prices hunting corporation increased deals spectacular stock regional says immense workings gulf independent raising

giant limited profit establishment rooted executives desire existence deal needs ago scale gives words sea industrial largest wild spirit texas

oil money hard north exploration corporate come small set case inside success industry look memoir make national long including

Suggested Reading

The First Billion is the Hardest: Reflections on a Life of Comebacks and America's Energy Future

Now 80 years old, T. Boone Pickens is a legendary figure in the business world. Known as the "Oracle of Oil" because of his uncanny ability to predict the direction of fuel prices, he built Mesa Petroleum, one of the largest independent oil companies in the United States, from a $2,500 investment. I...

View Details

The Last Trial of T. Boone Pickens

T. Boone Pickens, legendary Texas oilman and infamous corporate raider from the 1980s, climbed the steps of the Reeves County courthouse in Pecos, Texas in early November 2016. He entered the solitary courtroom and settled into the witness stand for two days of testimony in what would be the final t...

View Details

We use cookies to improve your experience on our website. By continuing to browse, you accept our Cookie Policy and Privacy Policy.