| 释义 |
wildcat drilling
wildcat drilling[′wīl‚kat dril·iŋ] (mining engineering) The drilling of boreholes in unproved territory. Also known as cold nosing; wildcatting. Wildcat Drilling
Wildcat DrillingThe practice of drilling for oil in an area with no proven reserves. That is, the wildcatter has no idea if the venture will yield a significant amount of oil. This is extremely high risk but has the potential for large profits if the wildcatter strikes "black gold." See also: Exploratory Oil and Gas Partnership. |