Lago Petroleum Corporation
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For the oil refinery, see Lago Oil and Transport Company.
Lago Petroleum Corporation was an oil production company established by Americans in 1923 that exploited the oilfields in Lake Maracaibo. It was acquired by Standard Oil of New Jersey in 1932. Later it was nationalized.
Quick Facts Industry, Founded ...
Industry | Oil exploration and production |
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Founded | 1923 |
Founder | George F. Naphen and Joshua S. Cosden |
Defunct | 1932 |
Fate | acquired by Standard Oil |
Headquarters | Venezuela |
Number of locations | Lake Maracaibo region |
Products | Petroleum |
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