Wildcatting Meaning in English
word
Definition
Wildcatting refers to searching for oil or gas in areas where little is known, usually as a risky and independent business venture. The word can also mean starting risky or unregulated new businesses.
Usage & Nuances
Mainly used in the oil and gas industry for risky exploration, but can apply more broadly to adventurous, unregulated business ventures. Formal in technical context, but also used metaphorically in business. Not common in everyday speech; usually seen in industry or business news.
Example Sentences
Wildcatting changed the face of the oil industry in Texas.
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He made his fortune by wildcatting in remote areas.
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Wildcatting is risky but can be very profitable.
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He started wildcatting after hearing about a new oil field.
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Many failed at wildcatting, but a few struck it rich.
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Nowadays, wildcatting isn't as common because the risks are so high.
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