Word: mobile
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Dates: during 1990-1999
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Infested with terrorists, bandits and drug thugs, Peru's Upper Huallaga Valley would seem to be one of the least hospitable places on earth for a major U.S. company to go in search of resources. Yet Mobil Oil is hard at work on a $107 million project to explore for oil and natural gas in the energy-rich jungle region, which happens to produce nearly half the coca leaves used to supply Americans with cocaine...
...looking to find large new reserves," explains Mobil spokesman John Lord, "you simply have to go to the more remote regions of the world." However, Lord noted, "we don't even know if substantial oil reserves exist in the region, let alone if we're going to start drilling soon...
Peru, which would receive some 45% of the oil revenues from a Mobil find, agreed to provide security for company crews and to fly them to remote sites aboard military helicopters. Peru furnished similar services to Occidental Petroleum, which recently completed a yearlong exploration of a less dangerous region about 120 miles to the east. Occidental is currently evaluating its findings...
...Stuart left his room and walked to a nearby all-night mini-convenience store attached to a Mobil station. The clerks, who pay attention to late-night customers out of fear they might be robbed, remember that he was dressed in a black pullover sweater with white trim and black slacks and purchased soda and a snack. "He was grinning from ear to ear," says Stephen Newcomb. "He was very up, very bubbly and very friendly, but very weird." As Stuart left the store, he turned, still smiling, and asked if the store was open all night. The attendants answered...