Expert: Steven Taylor - 1/12/2012

Question
Hello Steve,

I have found several old Oil company stocks thatbelonged to my fathers father and would like to know if any of them are viable.

Here is the names of the Oil company names:

Urban Oil Company Limited, Calgary, Alberta 1926 Era

Regent Oil Company Limited, Calgary, Alberta 1927 t0 1930 Era

Signal Hill Oil Company Limited, Calgary, Alberta 1926 to 1927 Era

Vulcan Oils Company Limited, Vulcan, Alberta 1926 Era

British Dominion Oil and Developement Corporation Limited, Calgary, Alberta 1926 Era


Thanks,
jim

Answer
Jim, these are very old stocks, and predate much of the information I have available. However, I believe I have information on two of them.

Regent has no value, as it was acquired but the acquiring company was later dissolved.

British Dominion has gone through a lot of changes and mergers, but assuming the certificate was valid, there might potentially be value there as I believe it became Gulf Oil and then divided into several other companies, all of which have been further acquired. I highly recommend you contact a broker to perform a detailed search for you and, if there is potential value, they can contact the transfer agents and get the shares reorganized.