One of the mysteries of the English language finally explained.
1A prospector who sinks exploratory oil wells.
- ‘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.’
- ‘In 1920 she moved to Los Angeles with her third husband who worked as a wildcatter in the oil industry.’
- ‘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.’
- ‘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.’
- 1.1 A 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.’
- ‘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.’
- ‘Kali Bose is a wildcatter - an investor with an eye on promising new areas.’
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