Word: maracaibo
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Dates: during 1921-1921
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...other interior field is the so-called Barco concession of about 1,500,000 acres near the Venezuelan border adjoining the prolific Maracaibo wells. This property, together with the oil rights on about two million acres nearby, is being exploited by the Carib Syndicate of New York, in cooperation with the subsidiary of the Henry L. Doherty interests of Pittsburg. Transportation problems have somewhat embarrassed these operations since the field is accessible only from the east by way of the Catatumbo River and Lake Maracalbo; but it is now proposed to lay a two hundred mile pipe line...