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Samedan Oil Co Of Canada Inc

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January 26, 1993 | SHARON BERNSTEIN, TIMES STAFF WRITER
The giant oil rig is gone from Towsley Canyon, less than a year after Canadian wildcatters dragged it there with dreams of coaxing black gold from an old, unused oil field owned by Chevron Corp. They found oil in the Santa Clarita woodlands, all right, but it's mixed with so much water that it's not worth retrieving. And the oilmen, a consortium of Canadian geologists and investors, plus the Samedan Oil Corp., based in Ardmore, Okla.
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BUSINESS
January 26, 1993 | SHARON BERNSTEIN, TIMES STAFF WRITER
The giant oil rig is gone from Towsley Canyon, less than a year after Canadian wildcatters dragged it there with dreams of coaxing black gold from an old, unused oil field owned by Chevron Corp. They found oil in the Santa Clarita woodlands, all right, but it's mixed with so much water that it's not worth retrieving. And the oilmen, a consortium of Canadian geologists and investors, plus the Samedan Oil Corp., based in Ardmore, Okla.
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