Maracaibo Oil Exploration Corporation
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Product Details
| Company | Maracaibo Oil Exploration Corporation |
| Certificate Type | Capital Stock |
| Date Issued | September 3, 1953 (blue) August 3, 1949 (brown) |
| Canceled | Yes |
| Printer | American Bank Note Company |
| Signatures | Machine printed |
| Approximate Size |
11 1/2" (w) by 7 1/2" (h) |
|
Product Images |
Show the exact piece you will receive |
| Authentic | Yes |
| Additional Details | NA |
Historical Context
The Maracaibo Oil Exploration Company was organized in 1919 with a capital of 250,000 shares without nominal or par value, conforming with the statutory regulations of Venezuela. The company divided its original concessions among four companies of which it owned all the shares:
- Mara Exploration Co.
- Miranda Exploration Co.
- Paez Exploration Co.
- Perija Exploration Co.
The holdings of these companies, totaling 750,000 acres, were all in the Lake Maracaibo basin. Later the stock of two other companies were acquired - the Sucre Exploration Co. and the Urdaneta Exploration Co. - which added over 275,000 acres.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.