Stanisław Szczepanowski was born in Kościan, Wielkopolska, and died in Nauheim. He studied at the Vienna Institute of Technology, the École Centrale des Arts et Manufactures in Paris and studied chemical technology and economics in London. In 1877, he received British Citizenship and was invited on a business trip to India with the Prince of Wales, the heir to the throne and future British King Edward VII. Szczepanowski refused. He chose Galicia instead, where he arrived in 1879 to explore oil and with a social and economic mission. In 1879 he went to Galicia.He founded an oil mine in Słoboda Rungurska, which produced 60 percent of Galician oil. While he grew his business, Szczepanowski also developed social and political activity in Galicia. He built houses for workers, opened cooperative stores and community houses, organised vocational training, and promoted the concept of cooperativeness as the publisher of the Self-Help weekly and president of the Union of Gainful and Economic Associations.
He graduated from Higher Realschule in Kielce and from the Polish Military School in Genoa and Cuneo. He also studied economics at universities in Heidelberg, Leipzig, and Vienna. He was a member of the Polish National Government during the January Uprising. In 1868, he settled in Gorlice and took the job of head of the peasant bank. He founded Galicia’s first credit union and was elected president of the Union of Gainful and Economic Associations in Lviv. Biechoński ran the company together with Eufrozyna Dobrowolska. They managed 28 wells and employed 51 people. He wrote the book about the industry entitled: A Quick View of the Galician Oil Mining Industry.