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An oil-sands pit, orange haul trucks, a long conveyor, and a tall white stack under a blue sky.

Canadian Occidental Petroleum

1985

An oil-sands pit, orange haul trucks, a long conveyor, and a tall white stack under a blue sky.

The company

Canadian Occidental Petroleum, CanOxy, produced oil, gas, sulphur, and chemicals from Calgary. It was formed in 1971 when Occidental combined Jefferson Lake Petrochemicals of Canada with other Canadian oil, gas, and chemical holdings.

Canadian Occidental Petroleum Ltd. Annual Report 1985

That year

Net income rose to $115 million or $3.41 per common share, the company's most successful year. In April the Syncrude plant produced its 200 millionth barrel of synthetic crude.

Canadian Occidental Petroleum Ltd. Annual Report 1985, p. 2

Source

archive.org/details/McGillLibrary-636800-31177