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A pool known as "agua hedionda," "stinking water," had long suggested petroleum, and an American company known as the West Indies Petroleum Mining and Export Company undertook the development of the field. Oil was struck on November 14, 1904, the well spouting oil to a height of seventy feet and producing about 500 barrels per day. The grade of the oil was 22 Baume gravity with an asphaltum base.
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