A Small Difference

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  • Format: Paperback
  • Copyright: 2012-05-04
  • Publisher: Ingram Pub Services
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In the oil and gas industry, there are many exciting tales of wildcat discoveries. This memoir of Raymond Plank's methodical leadership in building Apache Corporation to a $50 billion global oil and gas company tells a more subtle and widely relevant story. Plank's parents instilled essential values that have served as his lifelong compass, his father urging him to "try to make a very small difference on behalf of others." Steeled as a bomber pilot in the Pacific, Plank graduated from Yale in 1946 and considered his business future. Invited to join his father's printing business, he chose instead to pursue an independent path. Apache sprang from Plank's successful accounting and tax practice in the Twin Cities. When the 32-year old Plank uncovered fraud in an oil and gas investment, the investors so admired his integrity and diligence that they asked him not only to clean up the program but to expand it. With this mandate, in 1954 Apache was born. It grew by carefully studying opportunities in tax and corporate structuring as well as in geology. Significant discoveries in Wyoming and Oklahoma, and transactions with Shell, Occidental Petroleum, Dow Chemical, and Amoco, augmented by breakthrough exploration initiatives in Australia, Egypt, and China, led to more than 5,000 employees and nearly 3 billion barrels of oil equivalent. This book chronicles the innovations Plank brought to bear in the growth of Apache Corporation and his fostering of lifelong learning. It demonstrates that Raymond Plank has made a very meaningful difference in the lives of others.

Table of Contents

Introductionp. ix
Early Yearsp. 1
After Mother, Lonniep. 15
Blake Yearsp. 23
"Bright College Years" and the Outbreak of Warp. 27
Flight Schoolp. 39
Journey to the Hot Warp. 47
Combat and the Atomic Bombp. 55
Statesidep. 67
Plank and Somekawap. 75
Settling Inp. 85
My Family Wayp. 91
The Birth of Apachep. 101
Tax Advantagingp. 115
Changes Domestic and Commercialp. 121
Lake Henry and Flying Timep. 135
Recluse Petroleum Club and Founding Ucrossp. 143
Real Estate and Diversificationp. 147
Holding the Linep. 157
Adventure in Telephonyp. 163
Apexco's Run for the Rosesp. 169
The Apexco Endgamep. 175
The University of Minnesotap. 181
Apache's John Black Erap. 189
My Political Evolutionp. 197
Unions, Civic Involvement, and Civil Rightsp. 203
Meditations on Managementp. 215
Apache Petroleum Companyp. 221
Managing Transitionp. 231
The Move to Denverp. 235
Denver Politics and Pastimesp. 241
Houston Years-Circling the Wagonsp. 249
Gulf of Mexico and the Shell Partnershipp. 257
The Shell Acquisitionp. 261
The Other Majorsp. 265
Egyptp. 269
Springboard for Girls Educationp. 281
Egypt's C Blockp. 289
Further Afieldp. 295
Shallow Waters in China, 1994 - 2006p. 303
Successionp. 313
The Impediments of Egop. 319
Lifetime Learning and the Value of Teachersp. 325
Reflections on Spiritualityp. 329
Acknowledgementsp. 335
Table of Contents provided by Ingram. All Rights Reserved.

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