Word: iverson
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...Squeeze. The spot picked was on the farm of Clarence Iverson, 30 miles northeast of Williston. By the time Amerada had hired the crew of drillers, it had spent more than $500,000 just for geophysical work and leases. By the time the well was down to 11,700 ft., it had spent another $500,000. On April 5, 1951, the Iverson discovery well came in and North Dakota became the 27th U.S. state to yield...
...Iverson well had missed, Jacobsen would have tried two or three more wells in different places and, if these were dry, would have written off the $2,000,000 or so loss without a quiver. The thing to remember, he says, is that "you have to be right more often, dollarwise, than you're wrong. It's not just a case of drilling more oil wells than dry holes. You can make a series of mistakes which may cost you a total of $5,000,000, but you can offset them by being right the one time when...
PRESTON C. IVERSON, M.D. Plastic Surgeon Pennsylvania Hospital, and Memorial Hospital, N.Y. Philadelphia...
...Reader Iverson should know; he suggested the technique...
...synchronizer and the sight did the rest. A string of white-painted bombs hurtled from Mischief Maker's belly. As they saw the lead plane's bombs go, bombardiers in the other Forts tripped the switches and toggled their own bombs. Arpaia turned control back to Iverson with a laconic "You've got it," and that was that...