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Vintage Petroleum Inc

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BUSINESS
December 1, 1992 | JACK SEARLES
Vintage Petroleum Inc., an independent oil producer based in Tulsa, Okla., has agreed in principle to acquire two Ventura County oil and gas fields from a unit of Atlantic Richfield Co. The deal is Vintage's second purchase of oil property in the county this year. The properties involved in the current sale are known as the Ojai Silver Thread and Timber Canyon fields. They are part of a 17-site package being purchased from Arco Oil & Gas Co. for $90 million in cash.
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BUSINESS
October 14, 2005 | Elizabeth Douglass, Times Staff Writer
Occidental Petroleum Corp. agreed to buy Vintage Petroleum Inc. in a $3.52-billion cash-and-stock deal that would boost the company's oil and natural gas production in the U.S., Middle East and Latin America, the companies said Thursday.
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BUSINESS
October 14, 2005 | Elizabeth Douglass, Times Staff Writer
Occidental Petroleum Corp. agreed to buy Vintage Petroleum Inc. in a $3.52-billion cash-and-stock deal that would boost the company's oil and natural gas production in the U.S., Middle East and Latin America, the companies said Thursday.
NEWS
August 12, 1994 | PHYLLIS W. JORDAN and JULIE FIELDS, SPECIAL TO THE TIMES
Speaking quietly, Cal Hoskins recalled Thursday how his son, Jason, had always wanted to follow his footsteps into the oil fields. On Wednesday, Hoskins stood at a Ventura oil field where he had worked for 17 years and watched in agony as paramedics tried to save his son after a deadly leak of hydrogen sulfide gas. "Someone asked me to hold the IV," the father said. "That was all I could do for him."
BUSINESS
July 13, 1993 | Jack Searles
Vintage Petroleum Inc. of Tulsa, Okla., has acquired three Ventura County oil and gas properties from Du Pont & Co.'s Conoco Inc. unit for $38 million in cash. The properties, in the San Miguelito, Rincon and Ventura fields, produce about 3,000 barrels of oil and 700,000 cubic feet of gas daily. The acquisition gives Vintage six properties in the county, said S. Craig George, senior vice president. He said the other holdings are in the Ojai, Timber Canyon and South Mountain fields.
NEWS
August 11, 1994 | CARLOS LOZANO, TIMES STAFF WRITER
Three workers were killed and four others injured Wednesday after inhaling fumes from a hydrogen sulfide gas leak at an oil production plant north of Ventura, authorities said. The 12:07 p.m. gas leak occurred at Vintage Petroleum's oil production plant in the foothills of Rincon Mountain in Seacliff, just off the Ventura Freeway, as workers were in the process of redrilling an old oil well, fire officials said.
NEWS
August 12, 1994 | PHYLLIS W. JORDAN and JULIE FIELDS, SPECIAL TO THE TIMES
Speaking quietly, Cal Hoskins recalled Thursday how his son, Jason, had always wanted to follow his footsteps into the oil fields. On Wednesday, Hoskins stood at a Ventura oil field where he had worked for 17 years and watched in agony as paramedics tried to save his son after a deadly leak of hydrogen sulfide gas. "Someone asked me to hold the IV," the father said. "That was all I could do for him."
NEWS
August 11, 1994 | CARLOS V. LOZANO, TIMES STAFF WRITER
Three workers were killed and four others injured, two critically, after inhaling fumes from a hydrogen sulfide gas leak near an oil production plant north of Ventura on Wednesday, authorities said. The 12:07 p.m. gas leak occurred near Vintage Petroleum's plant just off U.S. 101 as workers were in the process of redrilling an old oil well, fire officials said.
BUSINESS
February 24, 2006 | From Bloomberg News
Occidental Petroleum Corp. projected that oil and gas production would rise 5% to 7% annually over the next five years, its first output estimate through 2010. Production will possibly amount to the equivalent of as many as 785,000 barrels of oil a day by 2010, Occidental said. The forecast is based on planned projects in Qatar, Argentina and other countries. Production could be increased more by exploration successes, better oil recovery or acquisitions, the Westwood company said.
CALIFORNIA | LOCAL
June 20, 2002 | From Times Staff Reports
Vintage Petroleum Inc. has agreed to pay more than $120,000 in penalties stemming from 10 oil spills in Ventura County in the last three years, the district attorney's office said. The spills, totaling about 3,100 gallons, occurred at wells operated by Vintage in Fillmore, Santa Paula and Ventura. In each incident, petroleum or petroleum residue reached the Santa Clara or Ventura rivers, Deputy Dist. Atty. Laurel McWaters said. Most of the spills were the result of corroded pipelines, she said.
NEWS
August 11, 1994 | CARLOS LOZANO, TIMES STAFF WRITER
Three workers were killed and four others injured Wednesday after inhaling fumes from a hydrogen sulfide gas leak at an oil production plant north of Ventura, authorities said. The 12:07 p.m. gas leak occurred at Vintage Petroleum's oil production plant in the foothills of Rincon Mountain in Seacliff, just off the Ventura Freeway, as workers were in the process of redrilling an old oil well, fire officials said.
NEWS
August 11, 1994 | CARLOS V. LOZANO, TIMES STAFF WRITER
Three workers were killed and four others injured, two critically, after inhaling fumes from a hydrogen sulfide gas leak near an oil production plant north of Ventura on Wednesday, authorities said. The 12:07 p.m. gas leak occurred near Vintage Petroleum's plant just off U.S. 101 as workers were in the process of redrilling an old oil well, fire officials said.
BUSINESS
July 13, 1993 | Jack Searles
Vintage Petroleum Inc. of Tulsa, Okla., has acquired three Ventura County oil and gas properties from Du Pont & Co.'s Conoco Inc. unit for $38 million in cash. The properties, in the San Miguelito, Rincon and Ventura fields, produce about 3,000 barrels of oil and 700,000 cubic feet of gas daily. The acquisition gives Vintage six properties in the county, said S. Craig George, senior vice president. He said the other holdings are in the Ojai, Timber Canyon and South Mountain fields.
BUSINESS
December 1, 1992 | JACK SEARLES
Vintage Petroleum Inc., an independent oil producer based in Tulsa, Okla., has agreed in principle to acquire two Ventura County oil and gas fields from a unit of Atlantic Richfield Co. The deal is Vintage's second purchase of oil property in the county this year. The properties involved in the current sale are known as the Ojai Silver Thread and Timber Canyon fields. They are part of a 17-site package being purchased from Arco Oil & Gas Co. for $90 million in cash.
BUSINESS
March 26, 2002 | Bloomberg News
T. Boone Pickens acquired an 8.4% stake in Vintage Petroleum Inc., reviving his role as a well-known corporate raider in the oil and gas industry. Pickens, the 73-year-old founder and former chairman of Mesa Inc., said in a regulatory filing that Vintage is undervalued and that he may seek to take over the Tulsa, Okla.-based energy company. He also said Vintage "may or should be" for sale or a candidate for a leveraged buyout.
CALIFORNIA | LOCAL
October 17, 1995 | STEPHANIE BROMMER
A brush fire that burned 50 acres Sunday and Monday in a canyon northwest of Ventura was contained at 9:41 a.m. Monday. The fire in Devil's Canyon west of Shell Road was extinguished and the Ventura County Fire Department equipment removed by Monday afternoon, authorities said. No one was injured and no structures were seriously threatened by the fire, which began on land leased by Vintage Petroleum Inc.
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