Word: imperiale
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With estimated reserves of 300 million barrels, the Redwater field already has 135 producing wells; new wells are being completed at the rate of 45 a month. Dozens of oil companies are in the field, the largest, Imperial Oil Ltd. of Canada, which is spending $500,000 on workers'...
The boom began at Leduc, 50 miles from Redwater, where the spouting of oil in February 1947 led to the proving of a field with an estimated reserve of 250 million barrels. Then, last Oct. 1, an Imperial crew of wildcatters struck oil on a Redwater farm.
Imperial, whose funds are furnished largely by its parent company, Standard Oil Co. (N.J.), will spend an estimated $40 million this year for a pipeline from Leduc to its refinery in Regina. At a time when U.S. capital is fighting shy of oil investments in Latin America, about 80% of...
Even tiny Redwater, with a population increase from 150 to 1,500 in ten months, has become a place where a man can spend some of his money. It has six new restaurants, a poolroom and bowling alley, three movie theaters. It also has a spanking-new hotel and beer...
Died. Dr. Samuel Green, 59, scrawny, nervous, Himmler-mustached Imperial Wizard of the Ku Klux Klan;* of a heart ailment; in Atlanta. A small-time obstetrician who looked more like a frustrated shoe clerk than the ruler of an Invisible Empire, Green climbed the Klan ladder in comparative obscurity until...