Joe Walter Jr

Twins Joseph "Rusty" Walter, III. and Carole Walter Looke inherited Walter Oil & Gas from their father, Joe, Jr., a wildcatter who built Houston Oil & Minerals by drilling along the Gulf Coast of Texas and Louisiana. After selling to Tenneco in 1981, Walter started over with Walter Oil & Gas, continuing to grow the company until his death in 1997. Now run by Rusty and by Carole's husband Jim Looke, the company has drilled more than 450 wells in the Gulf. More »