Travis Ward Biography

Travis Ward (born 1922) is an independent Texas oil man.

Early life

Ward was born on January 29, 1922 in Jacksonville, Texas. He grew up living in a tent in East Texas. He was the youngest of twelve children. His mother died when he was four.

United States Air Force

Shortly after Pearl Harbor, Ward volunteered to join the United States Army Air Corps and was commissioned a lieutenant and trained other aviators to fly P-47 and P-51 fighters. Ward continued his flying after an honorable discharge from the army following the Second World War.

Education and Family

Travis Ward graduated from Louisiana State University with a degree in Petroleum Engineering. In 1943, Ward married Martha Smith. They had four children: Randy, John, Michael and Debra. Multi-millionaire son Michael is the owner of Double Diamond Resorts located in Dallas, Texas. Ward and Martha divorced in 1980. Travis Ward then married Phyllis Townsend of Winona, Mississippi to whom he has been married for twenty-seven years.

Business Background

Ward has spent most of his career developing oil and gas reserves around the world. His many companies include Travis Ward Enterprises, World Wide Exploration, Ward Energy, Inc., Ward Petroleum, Double Diamond Petroleum, Inc., Palestine Well Service Company and Pan American Sales Corporation. He is credited with drilling the "discovery well" in the Fairway James Lime field in east Texas. Each month, Travis Ward has placed the proceeds from the minerals from the so-called Tract 548 into the trusts he created for his adult children.

Gulf War

Following the first Gulf War, Ward volunteered to assist in putting out the fires set by Saddam Hussein in the Kuwait oil fields and travelled to the oil fields on two different occasions to render his assistance.

Lawsuit

In 1972, Ward and his then wife Martha created trusts for their four children which Ward continued to fund thereafter. In 2009, Ward's son Michael sued him and several of the trustees for mismanagement that supposedly occurred in the 1970s, 1980s and early 1990s. Ward counter-sued based upon an oral agreement entered into with his son in 1977 whereby, in exchange for Travis Ward making his extensive banking contacts available to Michael, Michael gave his father a 40% interest in Michael's future income. Travis Ward testified he intended to put any monies received into the children's trust. In spite of testimony of an eyewitness, Michael denies the existence of his agreement with his father.

Personal life

Following his divorce from Martha Ward, Ward dated actress and singer Debbie Reynolds.