Indie oil hunter strikes a 'screamer'

In Oklahoma, a smalltime oil entrepreneur makes the play of his life. Paste this link into your favorite RSS desktop reader Indie oil hunter Mark Herndon makes the play of his career: drilling a horizontal well beneath Boone Pickens Stadium. Photographs by Brent Humphreys/Redux 3. Get a team you trust, then test the idea. 5. Continue wearing cheap clothes for a while. (The key to making money is not blowing it on sports cars.) Directional drilling was developed in 1929, but horizontal oil drilling became cost-effective and technically feasible only about five years ago.More STILLWATER, OKLA. (Fortune Small Business) -- The drilling rig rose incongruously over the peaceful college town of Stillwater, Okla. It roared and screeched with activity. Roughnecks, slathered head to toe in mud, scrambled and cursed a blue streak as... [read full story]