Definition of wildcatter in English:

wildcatter

noun

North american
  • 1A prospector who sinks exploratory oil wells.

    • ‘In 1920 she moved to Los Angeles with her third husband who worked as a wildcatter in the oil industry.’
    • ‘An oil wildcatter raised by an oil wildcatter, he moved into the railroad business in the early 1980s and made billions by laying fiber-optic cable along his Southern Pacific Railroad track and purchasing Qwest Communications.’
    • ‘If a prospector finds a new gold mine or the wildcatter brings in a rich oil well, the probability of other prospectors and wildcatters making equally valuable finds diminishes, however slightly.’
    • ‘Oil people loved stories about wildcatters betting everything on a single well.’
    • ‘Independents - the industry term for companies that have more capital and know-how than the typical wildcatter - can grow either by exploring and finding reserves or by buying a company that already has them.’
    1. 1.1A person who promotes or participates in risky business ventures.
      • ‘After years languishing in the backwaters of the world's stock markets, the wildcatters are back in business.’
      • ‘Kali Bose is a wildcatter - an investor with an eye on promising new areas.’
      • ‘Big Oil now acts more like a risk-averse bank than a wildcatter, following Wall Street dictates on cash flow instead of Texas traditions of risk-taking.’

Pronunciation:

wildcatter

/ˈwʌɪldkatə/