Word: wildcats
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...Mujal on the job "as long as the workers want to keep him." Strikes and new wage claims, he added, would not be tolerated. Even before this-in fact, from the day Batista took over-sugar mill-owners, manufacturers and hotelkeepers reported a sudden end to such nuisances as wildcat strikes and "disrespect...
...everyone. "But of course the most fun is selling the pictures." Houstonians took the hint. By the time Bemelmans pulled out of town in a new cowboy hat, at least seven of the canvases had been spoken for. One oilman's wife had offered him shares in a wildcat well (yet to be drilled) in exchange for a painting. "I'll swap oil for oil," bubbled Bemelmans...
With high hopes, Allen Moye, 39, a hard-scrabbling cotton planter and hog raiser, gave rights to Humble Oil & Refining Co. to drill a wildcat well on his 100-acre farm, just five miles above the Florida line, near Pollard, Ala. He knew the odds were long even though Humble, one of the biggest wildcat gamblers in the U.S., was doing the drilling. For 18 days, Moye, his wife and four children watched as the Humble bits sank a full mile below the cotton fields without striking anything. Then, under the glare of the night lights...
...Abadan refinery (see FOREIGN NEWS), and the two are boosting their Kuwait production as rapidly as possible to help meet Europe's oil deficit. Political upheavals are not the only changes. Soaring costs have made the hunt for oil enormously expensive. Recently, Swensrud launched Gulf on the biggest wildcat hunt in the U.S., exploring 800,000 acres leased from the State of Mississippi.* Gulf may well sink millions without result. But Swensrud is not perturbed. Gulf, a pioneer in the science of petroleum geophysics, has helped trim the odds against finding oil from 15-to-1 to a mere...
...partnership with Texas' famed Wildcat King Mike Benedum...