Skip to main content
Go to accessibility notice

    Description

    Oilman George H. W. Bush- Two 1963 Typed Letters Signed and attractively double matted and framed to an overall size of 26.5" x 19.5". The first, signed "George" is one page, 8.5" x 11", on Zapata Off-Shore Company letterhead, July 1, 1963, to Mr. H. Ames Richards of Essex Offshore. This brief letter reads, in full: "We feel that we should accept Bill Ballew's advice on this matter. I would appreciate your letting us have your feelings on this as soon as possible." The matter Bush is speaking of is expounded upon in the second letter, signed "GB", one page, 8.5" x 11", a carbon copy on thin Zapata letterhead with filing holes at top, also dated July 1, 1963, and addressed "To Block 86 Partners." It reads, in part: "...Zapata is in favor of accepting our attorney's recommendation in this regard...You will note that Ballew feels that we can make a settlement without a refund. The price would be 19¢. I am inclined to feel that we would be pressing our luck to run too much further. He feels that if most of the cases are settled we could be stuck with an even lower price and perhaps a refund..."

    Bush and his partners Hugh and Bill Liedtke formed Zapata Petroleum in 1953. The next year Bush bought subsidiary Zapata Off-Shore and went into business on his own, supplying drilling equipment used to explore for oil beneath the ocean floor. In 1957, Zapata began drilling in Block 86 off Vermillion Parish, Louisiana, and theirs was the first rig to make a major offshore find. The next year, they moved their rig from the Gulf of Mexico to the Cay Sal Bank, on islands that were leased to Howard Hughes, just a few miles from Cuba. There is much speculation that Bush's Zapata Off-Shore Company's location was used as a home base for the CIA- storing supplies and launching agents to make raids on Cuba just prior to the ill-fated Bay of Pigs invasion which, by the way, was code-named "Operation Zapata!" An excellent lot; material from Bush's pre-public service days is


    Auction Info

    Auction Dates
    March, 2006
    4th Saturday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 545

    Buyer's Premium per Lot:
    10% of the successful bid (minimum $9) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2020 March 29 Vintage Guitars & Musical Instruments Musical Instruments Signature Auction - Dallas.

    Learn about consigning with us

    The resulting auction of my property overwhelmed me. I want to thank Tom Slater and the Heritage team for a very satisfactory experience and profitable result with my historical consignment.
    Henry L.,
    Lexington, KY
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2019 November 14-16 Space Exploration Auction Featuring The Armstrong Family Collection Part IV - Dallas
    2019 November 14-16 Space Exploration Auction Featuring The Armstrong Family Collection Part IV - Dallas
    REALIZED SO FAR $2,569,038