Word: alberta
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ANGLO-Iranian Oil Co., kicked out of Iran by Mossadegh (TIME, Oct. 8, 1951), now hopes to get back its stake there from the Shah, but is hedging the bet. A director, John Mellor Pattinson, has spent three weeks sniffing for new opportunities in oil-rich Alberta, has worked up plans for Anglo-Iranian's first venture in Canada. The company will also start drilling in Sicily shortly...
Stylish Stout. In San Gabriel, Calif., police wondered why 230-lb. Alberta Patoux always seemed either fatter or thinner, arrested her inside a store, found 13 cartons of stolen cigarettes stowed in her tent-size bloomers...
...Known reserves of Canadian oil, the industrial pacesetter since the discovery of Alberta's Leduc field in 1948, reached an estimated 1.7 billion barrels. More than $300 million was spent in exploration last year, and an even faster investment pace is planned...
Success in the Williston Basin is far from Amerada's sole claim to fame, though it has proved so exciting to Wall Street that stocks only vaguely associated with Williston have spurted like a new gusher. Three months ago Amerada brought in a new discovery well in Alberta's Peace River area which Jacobsen says may have great possibilities. Cautiously, he says it is too early to estimate the size of the new find, and adds that the Peace River area "may prove to be a pain in the neck or something really big." And only two weeks...
...months ago, two U.S. Wildlife Service field men caused a flurry of excitement by reporting that they had spotted two cranes in the Northwest Territories. But there was no sure evidence of nesting. Last month Professor William Rowan, the University of Alberta's expert zoologist, got word that in the muskeg wilderness of northern Alberta an old Indian guide had seen two big, white birds. Rowan interviewed the guide and from his precise description identified the birds as whooping cranes...