Company Timeline

A respected tradition of excellence.

Our legacy is nearly a century in the making.



Company Timeline

We trace our origins back to the first quarter of the 20th century.


1920

H.L. Hunt started his oil and gas career in El Dorado, Arkansas.
1930

H.L. Hunt played an active role in developing the East Texas Oil Field at the drill test of the Daisy Bradford #3.
1939

H.L. Hunt drilled the LA Central No. 9, which led to the discovery of Olla Field in LaSalle Parish.
1940

H.L. Hunt discovered the Nebo-Hemphill Field in LaSalle Parish by drilling the Goodpine A-1.
1961

W. Herbert Hunt and Nelson Bunker Hunt discovered the Sarir Field in Libya, which is one of the largest oilfields on the African continent.
1970

Placid International opened the Dutch North Sea with the discovery on Block L 10/11.
1975

Placid Refining purchased the Port Allen refinery in Louisiana.
1990

Petro-Hunt drilled and completed the world’s first medium radius double lateral horizontal well in South Texas.
1990s

Through six strategic acquisitions in the Williston Basin (2), South Texas, East Texas, Louisiana and Mississippi, Petro-Hunt laid the foundation to become one of the top Private Liquids Producers in the United States.
1998

Petro-Hunt drilled the first North Dakota medium radius double lateral horizontal well, with each horizontal having dual laterals.
2006

Petro-Hunt drilled the USA No. 2D-3-1H. This well has produced over 1.68 million barrels of oil and is the highest producing well in the state of North Dakota in the Bakken/Three Forks formation.
2011

Petro-Hunt operated up to 16 rigs in the Williston Basin and became one of the top Liquids Producers in North Dakota.
2018

Petro-Hunt purchased 119,000 net acres and 246 operated wells from SM Energy in the Williston Basin.

More than just an oil and gas company.

We’ve expanded our capabilities into other industries.

Oil and Gas

Mineral Purchasing

Real Estate

Oil Refining and Gas Processing

Alternative Investments

Ranching