Thursday, May 05, 2005

Giant Oil Discovery In Utah

An independent oil company has struck a reserve in Utah that may deliver as much as a billion barrels of high-quality oil. It's an area that had already been surveyed, studied and abandoned by the larger oil companies. In a 'little guy makes it big' story, the tiny oil company only has 25 employees and has accomplished what Chevron was unable to do on the same land... strike it big.