Word: forli
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Dates: during 1950-1959
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Transmission) signed up on a similar profit-sharing basis for a minimum investment of $126 million.
The contracts give YPF all the oil and, upon expiration in 20-30 years, the wells themselves. To come in on such terms, the companies demanded and got a fast payoff. For getting YPF's oil out of the ground and to the wellhead, the Carl M. Loeb, Rhoades...
The time limit of the contracts made speed advisable, and the companies moved fast. Texas' Loffland Bros., drilling for Pan American, shipped ten rigs to Comodoro Rivadavia within 60 days after the deal was closed, so far has brought in 81 wells. The Loeb, Rhoades group, on proven ground...
Contagion. Some of the oil fever rubbed off on bureaucratic, bumbling YPF. "The Americans are teaching us many new ways," said a YPF engineer last week. "They have instilled in the whole area an attitude that work can be fun, too." Now rating top priority in Frondizi's budget...
The top politicians of Venezuela took to TV last week and made note of a heartening accomplishment: in the year since President Rómulo Betancourt, 51, was elected, the country has for the first time in history had a functioning constitutional democracy under popularly chosen leaders and with full...