6/05/75 (Thursday) Article appearing in Ledger-Star:
Oil star falls on Alabama; boom is on
By BILL SELLERS
NEWHOUSE NEWS SERVICE
MOBILE, Ala. - And the boom goes on...
* [See
5628-7 Reports for EC's letter
2/22/28 to Mr. [
4906].]
Two new deep wildcat oil strikes here have spurred
speculation that Alabama's Gulf coast is on the threshold
of an economic bonanza unrivaled in the lower 48 states in
many years.
The mounting number of oil and gas successes in Alabama and
Mississippi over the past four years suggests, in fact, that
Mobile is at the southern end of two oil and gas cornucopias
that will pour forth their riches for years to come.
One oil and gas trade publication took note of the Mobile
strikes saying they have "stoked new fire into a deep
drilling play stretching from near Mobile northwestward to
the vicinity of Jackson, Miss."
There is a similar curve to the east where new oil and gas
horizons are developing in southeast Alabama and northwest
Florida.
The Port of Mobile is the prime terminus for all area
pipelines.
Representatives of every major oil company in the nation as
well as some foreign interests such as the Onassis firm have
all been in Mobile in recent months to research the
possibility of constructing refineries or some other
facilities for holding or transshiping oil and gas.
Exploration is moving ahead at full speed.
There are no less than 20 projects in various stages of
drilling or completion along the sweeping Smackover Formation
curve between Jackson and Mobile.


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