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Moose Mountain Oil Co., Limited - 1914 dated Calgary, Alberta Canadian Oil Stock Certificate

Inv# FS1997   Stock
Country: Canada
State(s): Northwest Territories
Years: 1914

Stock printed by Stovel Co., Lith., Winnipeg. Moose Mountain stands at an elevation of 2,437 meters (7,995 feet) and is situated 19 kilometers (12 miles) west of Bragg Creek, Alberta, within Kananaskis Country. This peak is a favored hiking spot, particularly among residents of Calgary, due to the well-maintained trail leading to its summit. On weekends during the summer months, it is not unusual for a dozen or more hikers to reach the top. The mountain, which resembles a resting moose on the skyline, was named Moose Mountain in 1949. At the summit, there is a Forestry Service fire lookout, which is the third structure to serve this function since the first was established in 1929. In Canada, petroleum production plays a significant role in the economy, contributing to the broader North American market.

The country possesses the third-largest oil reserves globally and ranks as the fourth-largest producer and exporter of oil. In 2019, Canada produced an average of 750,000 cubic meters per day (4.7 Mbbl/d) of crude oil and its equivalents. Of this total, 64% was derived from unconventional oil sands, while the remainder consisted of light crude oil, heavy crude oil, and natural-gas condensate. A substantial portion of Canadian petroleum production is exported, with approximately 600,000 cubic meters per day (3.8 Mbbl/d) in 2019, and 98% of these exports were directed to the United States. In 2015, Canada was the largest single source of oil imports for the United States, supplying 43% of its crude oil imports.

Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $35.00