Illinois-Alberta Oils Limited

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$40.00 CAD
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Details

Certificate No. 31225 for 5 shares of capital stock, par value $1.00 each, to W. Winter. Issued April 9th / 1926. Registered office Calgary, Alberta. Certificate printed in green on white paper, embossed corporate seal lower left. 10.75x8.5 in, [27x21.5 cm]. Signed by company secretary.

Condition

Noticeable vertical folds, creases, small tears, dust-staining.

Notes

Organized in Alberta in 1917, the Illinois-Alberta Oil Company represented one of the early cross-border ventures in Western Canada’s developing petroleum industry. Its financial backing came primarily from a syndicate of investors based in Granite City, Illinois. Soon after formation, the company acquired the assets of the North Western Pacific Oil Company and achieved its first producing well in 1923. A small natural gas processing plant was constructed soon thereafter.

Through the later 1920s, Illinois-Alberta undertook additional drilling activity, though these efforts yielded diminishing returns. By the early 1930s, the company had lapsed into inactivity, and in 1939 it was officially struck from Alberta’s corporate register.

Notes adapted from the Petroleum History Society (Calgary, Alberta), “Old Oil Companies”.