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20 - ORGANIZATIONS/PRIVATE/Placid Oil Company.md
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@ -1,4 +1,8 @@
---
aliases:
- Placid Oil Company
- Penrod Drilling
- Penrod Drilling Company
category: "Private Organization"
tags:
- Organization
@ -8,10 +12,6 @@ tags:
- SilverThursday
- Bankruptcy
- OccidentalPetroleum
alias:
- Placid Oil Company
- Penrod Drilling
- Penrod Drilling Company
summary: "Oil company of H.L. Hunt's first family trusts, pledged to banks after the 1980 silver collapse, which sued its 23 lenders, filed for bankruptcy in New Orleans, and was sold to Occidental in 1994."
start: 1935
end: 1994-12-29