Word: wildeat
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Dates: during 1940-1949
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...from its off-shore oil. The importance of Tideland Oil has greatly increased with the more recent prospecting in the Gulf of Mexico off the Texas and Louisiana coasts. Over 2 1/2 million acres of the Gulf have already been leased for oil development, although this is still a wildeat area with only a few producing wells. But vast sums are being poured into the development and prospecting of Gulf oil deposits, making the project in the words of "Fortune" magazine "the biggest gamble any U. S. industry has over made...
Then Ferner placed second to no the last weekend, beating the number one intercollegiate downhill skier, Dartmouth's Bob Meservey, in one run and tying him for first in the eighth annual Appalachian Mountain Club race on the Wildeat Trail In Pinkham Notch Sunday...