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After discovering the first oil well in the country, in the Springhill area in Magallanes, on December 29, 1945, the Chilean Government decided to create Empresa Nacional del Petróleo, which was officially established on June 19, 1950 with the publication of Law Nº 9,618. The finding of oil in Springhill, carried out by the team of explorers headed by engineer Eduardo Simian Gallet, led to the drilling of new producer wells. The team headed by Mr. Simian recommended the creation of ENAP to the Corporación de Fomento de la Producción (Corfo), to commercially exploit the reservoirs found in Magallanes.