In September 1879, Charles N. Felton, Lloyd Tevis, George Loomis and others created the Pacific Coast Oil Company, which acquired the assets of Star Oil with $1 million in funding. Pacific Coast Oil became the largest oil interest in California by the time it was acquired by Standard Oil for $761,000 in 1900. Pacific Coast operated independently and retained its name until 1906, when it was merged with a Standard Oil subsidiary and it became Standard Oil Company (California) or California Standard.