Word: butted
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Dates: during 1940-1949
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At the end of the first year Yant was going strong; he had raked in $242,000 and still had considerable acreage left. But the customers finally got restive. Con-Man Yant ended up doing two years at San Quentin.
He opened an electrical-appliance store in the little town of Hollister, and lived quietly. But early this year he got back into action.
Yant dutifully sank a well, not near the canyon bottom as Samovia had expected, but high on his own hilly acres. To every one's amazement he hit oil: 2,000 barrels a day. He sank four more wells, brought in a producer every time.
Ten Thousand Men. A wild boom began as a horde of lease-hungry oil speculators and scores of Yant's once disgruntled suckers (many of whom had never filed their deeds) converged on the canyon. The results were spectacular. Amid angry litigation set off by the rush, the California...
Last week 154 wells were pumping on one 80-acre tract and 4,000,000 of the pool's estimated 18 million barrels had been sucked out. Though the Placerita boom had knocked the price of crude oil from $2.16 to $1.53 a barrel in Los Angeles, onetime Con...