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  Hunt Oil Company    
  Hunt Oil Company
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The New London Story
  Hunt Oil Company  
  The story of Hunt Oil Company spans much of the oil industry's colorful history. From H.L. Hunt's initial involvement in the Arkansas oil boom of the 1920's to its global presence today, Hunt Oil Company is known for discovering oil in places where others never thought to look.

H.L. Hunt, the company's legendary founder, was born on an Illinois farm in 1889 and left home at 15. Working as a cowboy, a lumberjack and a laborer, he saved enough money to buy a plantation in Arkansas in 1911.

Although floods and an agricultural depression caused this venture to fail, by 1921 H.L. Hunt had recouped enough capital to start anew at the same time that oil was discovered in El Dorado, Arkansas. Quickly caught up in the "black gold" fever of that moment of time, the 32-year-old Hunt moved to El Dorado, where he began trading oil and gas leases. Soon he began his own drilling operations with increasing success.

In 1930, Hunt heard reports of a wildcat well being drilled in East Texas, a region not considered to be a prospective oil area. Curious, he traveled to Rusk County, Texas, where he met Columbus Marion "Dad" Joiner, the renowned wildcatter. Dad Joiner was then drilling the Daisy Bradford No. 3, the rank wildcat well that discovered the giant East Texas oil field which, with an estimated recovery of 6 billion barrels of oil, became the largest oil field in the world at that time. (The photo on the right is the Daisy Bradford No. 3.)

Recognizing the significance of the East Texas discovery before the rest of the oil industry did, H. L. Hunt moved quickly and took a significant risk by purchasing the Daisy Bradford No. 3 and nearby leases from Joiner. The Daisy Bradford No. 3 continues to produce to this day.

It all began here. C.M. "Dad" Joiner (third from left) shakes the hand of Dr. A.D. Lloyd, his geologist, in front of the No. 3 Daisy Bradford, discovery well of the East Texas oil field. H.L. Hunt is third from right.
  The 1931 drilling crew who serviced H.L. Hunt's first wells in East Texas.

  This East Texas field provided the financial base for the founding of Hunt Oil Company in 1934. In the decades since, the company has continued to discover and develop significant oil and gas fields, both onshore and offshore, in North America and abroad.  
  History of area pictures contributed by Mrs. D. Davenport