Deals, Deals, and More Deals: The Life of John W. Nichols

by Bob Burke

Book by Bob Burke This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 188559626X
• ISBN13: 9781885596260
• Release Date: January 2004
• Publisher: Oklahoma Heritage Association
• Length: 293 Pages
• Weight: 1.00 lbs.

Customer Reviews

No complaints

Received the book in a better-than-timely manner, since I wanted it to arrive by Valentine's Day, and it wasn't supposed to arrive until slightly after Valentine's Day. It arrived well before Valentine's Day, and I was very pleased.

Interesting book

In 1950, John W. Nichols created the world's first public oil and gas drilling fund registered with the Securities & Exchange Commission. The novel idea, which attracted some of the nations wealthiest investors, changed the way drilling programs were funded. As a young CPA, Nichols had become intrigued with the petroleum industry and how he could legally shelter income of Americans who were being gouged by high tax rates. Nichols' poineering efforts in financing oil and gas operations had a dramatic, worldwide impact on the energy industry. For his efforts, Nichols has been called one of the 100 most influential individuals in petroleum history. Nichols' creation, Devon Energy Corporation, is now a $21 billion company and the nation's largest oil and natural gas company, producing four percent of the natural gas used in America. This is the story of an exceptional innovator, shrewd entrepreneur, generous philanthropist, devoted father, loving husband, and a man of deep religious faith who always played by the rules and lived the American dream.