Imperial Oil Oil discovered the Leduc Woodbend Devonian oil reef in 1947, marking the beginning of the contemporary period in Canadian oil and gas development. Drilling began on the landmark discovery well Leduc No. 1 on November 20, 1946. In 1989, Imperial Oil acquired Texaco's Canadian operations. From the 1934-35 season through the 1975-76 season, Imperial Oil was a sponsor of the Canadian Broadcasting Corp. program "Hockey Night in Canada" for both radio and television broadcasts. In February 2013, Richard Kruger, President of ExxonMobil Production Co. and a Vice President of Exxon Mobil Corp., was appointed to be Chief Executive of Imperial
Barrel (unit) Barrel (unit) A barrel is one of several units of volume applied in various contexts; there are dry barrels, fluid barrels (such as the UK beer barrel and US beer barrel), oil barrels and so on. For historical reasons the volumes of some barrel units are roughly double the volumes of others; volumes in common usage range from about . In many connections the term "drum" is used almost interchangeably with "barrel". Since medieval times the term barrel as a unit of measure has had various meanings throughout Europe, ranging from about 100 litres to 1000 litres. The name was