

1985
A 3-D wireframe of subsurface geology, two derrick icons linked down to highlighted peaks, on black.
The company
Texaco Canada produced, refined, and marketed petroleum under the Texaco name. The line runs through McColl-Frontenac, the 1927 combination of McColl Brothers and Frontenac Oil Refineries. Texaco of the United States held the Canadian company. By the late 1980s it was described as the fourth-largest oil company in Canada.
Texaco Canada Inc. Annual Report 1985, inside front cover
That year
Earnings declined to $336 million from $423 million in 1984. The company acquired Canadian Reserve Oil and Gas Ltd. for $495 million and announced an $80 million investment in the Nanticoke refinery.
Texaco Canada Inc. Annual Report 1985, p. 2
Source
Texaco Canada Inc. Annual Report 1985, p. 2