Texas Exploration Company
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Product Details
CompanyTexas Exploration Company
Certificate Type
Capital Stock
Date Issued
January 20, 1928
Canceled
No
Printer
Goes
Signatures
Hand signed
Approximate Size
10 3/4" (w) by 8 1/4" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
The Texas Exploration Company was orginally organized in 1915 in Texas by Henry T. Staiti. The company was reorganized as a Delaware entity in 1926.
Staiti was an oil pioneer who forecasted the possibility of finding oil near Beaumont, Texas three years before Spindletop erupted. Although he did not have a financial stake in Spindletop, his 1898 report was published in newspapers around the world after the discovery was made.
One of the Texas Exploration Company's wells was one of the first wells of the Humble Oil Field. To this day, the town of Humble has a street named in Staiti's honor.
The company's most famous well was located on the Damon Mound salt dome. Another of the company's wells was located on the Hockley salt dome.
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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!
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