Summary
Mack C. Chase (April 29, 1931 – October 2, 2023) was an American oil and natural gas businessman, who made his fortune in the oilfields of the Permian Basin in Texas and New Mexico.[1]
Mack C. Chase | |
|---|---|
| Born | April 29, 1931 Texas, U.S. |
| Died | October 2, 2023 (aged 92) Artesia, New Mexico, U.S. |
| Occupation | Businessman |
| Known for | Richest person in New Mexico |
| Spouse |
Marilyn Yvonne Stack
(m. 1953; died 2016) |
| Children | 3 |
Early life edit
Mack C. Chase was born in Texas on April 29, 1931, the fourth of eight children of Edgar and Marie Chase.[2][3] He started work in the oil industry at age 14, and after graduating from Artesia High School in 1950, went to work for Nash, Winfor and Brown.[3] He served in the US Army from 1951 to 1953 as an A&E mechanic during the Korean War.[2][3]
Career edit
Chase worked on oilwells with his father and brother George, before starting his own business in 1968.[1]
In 1979, he went into partnership with John R. Gray and started the pumping services company Marbob Energy, before expanding into drilling, but they split soon after 1991.[1] Chase started Mack Energy, which in 2007 sold much of its property to Concho Resources.[1]
At the time of his death in 2023, Chase was still active in oil and owned ex Chase Farms and Deerhorn Aviation.[1] As of June 2017, Chase was the richest person in New Mexico.[1]
Personal life and death edit
In 1953, Chase, aged 22, married Marilyn Yvonne Stack, who was 18. They have three children, Robert, Richard and Gerene.[3][1] She died in 2016, shortly after their 63rd wedding anniversary.[4] He lived in Artesia, New Mexico.[1]
Chase died in Artesia on October 2, 2023, at the age of 92.[5][6]
References edit
- ^ a b c d e f g h "Mack C. Chase". Forbes.com. Retrieved June 1, 2017.
- ^ a b "Mack C. Chase, L.H.D. – Doctor of Humane Letters". University of New Mexico. May 3, 2019.
- ^ a b c d "Founder". Chase Foundation. April 29, 1931. Archived from the original on July 10, 2017. Retrieved June 1, 2017.
- ^ "Marilyn Chase 1935 - 2016 Obituary". Carlsbad Current-Argus. December 6, 2016. Retrieved September 4, 2018.
- ^ "Mack Chase Obituary 2023". Terpening & Son Mortuary. Retrieved October 10, 2023.
- ^ "Local philanthropist and businessman, Mack Chase has died at the age of 92". Artesia Daily Press. October 2, 2023. Retrieved October 2, 2023.