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Exxon Valdez Exxon Valdez Exxon Valdez What happened? The Exxon Valdez was the original name of the oil tanker owned by the Exxon Corporation and was made famous by the monstrous oil spill that occurred on March 24th, 1989. The 30,000 ton, 987 foot tanker hit Prince William Sounds Bligh Reef and spilled an estimated.