By T. Boone Pickens Jr.
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Pickens, in case somebody must bereminded, is the autonomous Texas oil manufacturer and financier who no longer some time past engineered, in his phrases, "the biggest company merger of all time"the Gulf Oil "deal" that elevated Gulf inventory costs to the huge revenue of shareholders (including Pickens) whereas obliterating the large company itself. This memoir provides an within, usually eyebrow-raising examine the workings of the oil as Pickens progresses from a hardscrabble, Texas Panhandle life to small-scale oil good wild-catting with financing not easy to return via; neighborhood and nationwide luck along with his Mesa Petroleum Co.; dicy North Sea exploration in the course of the OPEC oil "shortage"; constrained popularity by means of industrial-establishment executives at hunting-lodge conclaves; the Gulf set-to and different, much less brilliant bargains. "The entrepreneurial spirit," says Boone, "is rooted within the wish to make money."
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Extra resources for Boone
I had saved a little money and made a few contacts, but I hadn't done any of the things most people do when they're preparing to quit. Fortunately, I was long on confidence. " I immediately became the enemy in the company's eyes. A draftsman was sent to check my map rack, to make sure none of the maps were missing. ' But it hurt a little that they were suspicious; after all, I had been a loyal employee for three years, five months, and site work. I sitting in the office, but I " twenty-one days.
I first noticed it as a college basketball player: exhaustion would overtake me long before the game was over. The coach started putting me in for five minI — utes at a time, then taking I me out to rest. Years noticed that the problem was getting worse. nosed it as a damaged liver, my at desk during the lunch hour to My many although the run were inconclusive. I became alarmed. I was running later, at Phillips, doctor diag- tests that were and slept a low-grade fever help get through the after- to I had a hard bed most nights by if Lynn's foot touched noon.
Was he actually planning Texas to stay over for that game? He made and Fort Worth during the week, then we took care of the serious business. Dad wanted to get a bet down on the big game, so we went to check "the line two or three bars would always book the games. Dad compared the odds and made a $300 bet on A&M. In 1939 we weren't blessed with syndicated bookies. Each bookie handicapped the games with no help from experts like Jimmy the Greek. The $300 bet was "full' if we lost, we had just enough money to buy gas to get back to Hughes County, Oklahoma.