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Oct 16, 2002 · In 1977, Bush organized his first company, Arbusto Energy Inc. (Spanish for bush), an oil exploration venture. After an unsuccessful 1978 run for the House of Representatives, Bush returned to the oil business, attempting to take Arbusto public in 1982 with disappointing results.
Arbusto Energy (Arbusto Oil) was a petroleum and energy corporation formed in Midland, Texas, in 1977, by George W. Bush. The name Arbusto is Spanish for "shrub," a synonym for "bush". Investors in the company included Dorothy Bush, Lewis Lehrman, William Henry Draper III, Bill Gammell, and James R. Bath.
Jan 6, 2018 · Perhaps the first time of note that their paths crossed would be in 1978, when George W. Bush and Salem bin Laden (brother of Osama) set up Arbusto Energy in Texas. The business was far from a success, however, and by the mid-1980s, it (having since merged with Spectrum 7) was taken over by a company called Harken Energy. As we will see a ...
Jul 8, 2003 · Uzielli put $50,000 into one of the early Arbusto partnerships. In January 1982, his company bought ten percent of Arbusto’s stock for a cool $1 million. The investment made Uzielli Arbusto’s largest benefactor, a privilege he paid well for. The million-dollar purchase price was at least three times more than the stock he bought was worth.
Feb 28, 2014 · Arbusto Energy, Dubya's first business venture, was a struggling venture saved twice through mergers. Arbusto offered investors substantial tax write-offs, but little in the way of returns.
Arbusto Energy was an oil and gas exploration firm started in 1977 by former U.S. president George W. Bush. In 1984, the company merged with Spectrum 7 Energy Corp.
Apr 30, 1986 · IN TROUBLED OIL BUSINESS, IT MATTERS LITTLE IF YOUR NAME IS BUSH, SONS FIND. ... He first founded Arbusto Energy (arbusto is Spanish for bush), then Bush Exploration in 1982, which merged into ...
