A 6,041-acre ranch owned by one of Texas’ biggest oil and gas dynasties is on the market

  • 6,041-acre ranch near Corpus Christi, Texas, owned by Killam family
  • Listed for $29.95 million
  • Used as a family hunting retreat and income-producing agricultural property
  • Includes lodge, owner’s house, manager’s home, and employee residences
  • Features horse stables, cattle pens, blinds and feeders, and dog kennels
  • Killam Oil Co. founded in 1920 by Oliver Winfield Killam
  • Family still runs the company
  • Selling the property due to distance from primary operations

A 6,041-acre ranch near Corpus Christi, Texas, known as the O | W Ranch, is being sold by the Killam family, owners of the Killam Oil Co. The property, listed for $29.95 million, has been used as a family hunting retreat and an income-producing agricultural property. It includes a lodge, owner’s house, manager’s home, and residences for employees. The ranch features horse stables, cattle pens, blinds and feeders, and dog kennels. Killam Oil Co., founded in 1920, focuses on South Texas and has other oil and gas holdings in different states. The family is selling the property due to its distance from their primary operations.

Factuality Level: 3
Factuality Justification: The article provides detailed information about the ranch near Corpus Christi, Texas, its history, ownership, and features. However, it lacks critical analysis, presents information in a promotional tone, and does not provide a balanced view of the topic. The article also includes unnecessary details and repetitions, making it less informative and objective.
Criteria1: 2
Criteria2: 2
Criteria3: 4
Criteria4: 3
Criteria5: 3
Criteria6: 4
Criteria7: 2
Criteria8: 3
Criteria9: 3
Noise Level: 3
Noise Justification: The article provides some information about the ranch being put up for sale by the Killam family, but it lacks depth, actionable insights, and does not explore broader implications or consequences. It contains a lot of repetitive information and does not provide a critical analysis of the situation.
Financial Relevance: No
Financial Markets Impacted: No
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article does not pertain to financial topics and does not describe any extreme events.
Public Companies: Killam Oil Co. (N/A)
Key People: Jay H. Leyendecker (Listed Agent at Hall and Hall), Oliver Winfield Killam (Founder of Killam Oil Co.), David Killam (Managing Partner of Killam Oil Co.), Cliffe Killam (President and CEO of Killam Oil Co.)

Reported publicly: www.marketwatch.com