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...promise of a free hand. He has put together 15 crack geologic field parties, ten gravimeter and 15 seismographic crews, 36 wildcat rigs. But so far he has not found a single economically operable well outside of Bahia, despite the fact that Brazil has some 1,350,000 sq. mi. of potential sedimentary deposits. The big snags are a mile of solid rock beneath the surface in potential oil lands and, above the surface, miles of red tape...

Author: /time Magazine | Title: BRAZIL: Reappraising Petrobr | 8/11/1958 | See Source »

Among the many places Egypt's President Nasser keeps a roving eye on is his big (967,500 sq. mi.) southern neighbor of Sudan. The Sudan, ruled jointly for 56 years by Britain and Egypt, got its independence only 2½ years ago. But the Sudan's wily and forthright Moslem Premier Abdullah Khalil has shown himself surprisingly capable of keeping his young nation free. Eight months ago he smashed a threatened coup by arresting three officers and firing eight others, has since insisted on keeping his army free of Cairo-tainted men. Though pro-Nasserites shrilly...

Author: /time Magazine | Title: THE SUDAN: The Stubborn One | 8/4/1958 | See Source »

...signed contract with Pan American International Oil Co. (Standard Oil of Indiana). Pan American will invest $60 million in a 1,540-sq. mi. section of Santa Cruz and Chubut Provinces. For the first five years Pan American will get $10 for each cubic meter of oil it produces for Y.P.F., then the price will gradually be adjusted to match prevailing world prices...

Author: /time Magazine | Title: ARGENTINA: Killing the Sacred Cow | 8/4/1958 | See Source »

...Magma Power and Thermal Power drilled four steam wells, using ordinary oil-well drilling equipment. The wells are 500 to 700 ft. deep, and the temperature -of the rock at bottom is about 600° F. When the wells are capped, steam pressure measures 300 to 400 Ibs. per sq. in., but when the steam flows, pressure drops to 100 Ibs. and temperature...

Author: /time Magazine | Title: Science: Roles for Fumaroies | 8/4/1958 | See Source »

Resembling an old-fashioned hand printing press, the machine can be operated by two men, one of whom pours in the soil-cement mixture while the other pumps the long handle to press the brick into shape at a pressure of about 10,000 lbs. per sq. in. In two days it can turn out enough brick to build a hut-sized house, is light enough (140 lbs.) to be packed by mule to backwoods villages, inexpensive enough to serve even the most. depressed areas. The machine costs about $50 to produce, makes rock-hard bricks for less than...

Author: /time Magazine | Title: HOUSING: Help for the Homeless | 8/4/1958 | See Source »

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