What is the history of lion oil? Lion Oil Company was established in 1922. Thomas Harry (Colonel) Barton was instrumental in the development of the company. Lion Oil and Ford dealer, Somerville, Tennessee. In 1955, Lion Oil was sold to the Monsanto Company along with what is now El Dorado Chemical Company.What does the company lion oil do in arkansas? Lion Oil is an El Dorado (Union County) corporation that refines and produces oil, gasoline, and other oil-based products. Its products include not only fuels and asphalt but industrial solvents and oil-based roofing products. Lion is a major employer in southern Arkansas, with more than 500 employees.Where is the headquarters of ledlion oil company located? Lion Oil continues as a petroleum supplier with its headquarters in Brentwood. ^ "Thomas Harry Barton (1881–1960)". The Encyclopedia of Arkansas. Retrieved 2009-02-12.Is lion oil owned by delek? On March 21, 2011, Delek US Holdings, the American branch of the Israeli-based Delek Group, announced that it was acquiring a majority interest in Lion Oil for $95 million in cash and stock. By October 2011, it owned 100 percent of the company. Donald, Leroy. “Lion Oil Starting to Roar.”