Word: losses
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Dates: during 1970-1979
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...odds of striking black gold offshore are 1 in 10-and there have been a lot of losers. Last month Continental Oil Co., having drilled a 12,000-ft. dry hole in the Baltimore Canyon off the Jersey shore, capped the test site and wrote off the $4 million loss. Last week Shell Oil, along with eight partners, having drilled deeper (14,000 ft.) and spent more ($6 million) at a nearby site, said that it too had struck a "duster...
...Loss for inflation fighters...
...their passing and the dis appearance of a way of life that knit hard ships and satisfactions together. He never pretends that part-time farming is the same as the real thing. But by clearing fields and keeping boundaries intact, he at least stages a holding action against total loss. And telling others how he has done it preserves that hold...
...names are skirting Boston this weekend, but some of the finer local groups should make up for the loss-and at a much lower cost...
Part of the rationale for the decision was to avoid the loss of more than $5 million that the university would have incurred in the transfer of the $170 million holdings to other areas, he added...