Wildcatter

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A wildcatter (from English " wildcat ", German wildcat ) is the American term for a person who searches for oil and carries out the first drilling. The term for American oil seekers comes from the early days of the oil industry in western Pennsylvania . On March 1, 1880, the first article on the work of the wildcatter appeared in the daily newspaper "Herald" of Titusville , (Pensilvania).

One of the notable wildcatters was the Texan oil magnate Glenn McCarthy (1907–1988), also known as "The King of the Wildcatters".

Wildcatter was also American slang for any risky venture in the 19th century before the term became popular in the petroleum industry.

"Mr. Wildcatter" was the nickname of oil heir Marvin Davis .

Individual evidence

  1. ^ Glenn "King of the Wildcatters" McCarthy in the Find a Grave database . Retrieved March 3, 2016.
  2. From Wildcatters to Oil Barons, Encyclopedia of American Wealth at raken.com, accessed July 3, 2013
  3. American wildcatters found the oil that makes sheikhs rich today on Zeit-Online, accessed July 3, 2013