Canada at War: ALBERTA: Jumping Pound

The thin, 17-mile-long Turner Valley oilfield (only sizable field in all Canada except the Canol area in the far north) was obviously petering out. Nevertheless, oilmen were convinced that a great untapped oil reservoir lay somewhere under Alberta. War speeded up the search for the hidden pool. This year wildcat drillers spent nearly $15,000,000 in the search.

Last week came what looked like the biggest strike yet. Out in the sweeping range lands west of Calgary, within sight of the Rockies, a Shell Oil Co. test drill ing crew ran into a terrific gas concentration (a sign of oil)...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!