Author Topic: Geologist finds massive Alaskan oil well on a hunch  (Read 831 times)

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Offline Free Vulcan

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Geologist finds massive Alaskan oil well on a hunch
« on: June 11, 2018, 06:26:02 pm »
Sometimes risky bets pay off in a big way. The theory was tested by one small Denver-based petroleum producer, and proved to be true.

Bill Armstrong, the CEO of Armstrong Oil & Gas, told FOX Business he risked a big chunk of his own money on a hunch that he spotted a large pool of oil in Alaska.

“The North Slope of Alaska has been kind of left behind, everybody believed that all the big fields had been found,” he told Stuart Varney on “Varney & Co.” on Friday.  “And so my band of brothers and I kind of tore everything apart … and we went up there and said I think they left something behind that may be really, really big.”

https://www.foxbusiness.com/features/geologist-scores-massive-alaskan-oil-well-on-a-hunch
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Offline Idiot

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Re: Geologist finds massive Alaskan oil well on a hunch
« Reply #1 on: June 11, 2018, 06:29:57 pm »
Naah....no way a geologist found this.  There must have been some petroleum engineer that tipped him off.

Offline IsailedawayfromFR

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Re: Geologist finds massive Alaskan oil well on a hunch
« Reply #2 on: June 11, 2018, 06:33:04 pm »
I dealt with Bill Armstrong while working in California.

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Offline thackney

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Re: Geologist finds massive Alaskan oil well on a hunch
« Reply #3 on: June 11, 2018, 06:41:08 pm »
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