TERRE HAUTE, Ind. (AP) — A contractor has struck oil on
Indiana State University’s campus, although it might be a while before school
officials know what sort of money to expect.
Oil drilling began in December on university-owned property
near downtown Terre Haute.
Indiana State Vice President Diann McKee said the cold
winter slowed work, but oil pumping has been going intermittently with the
warmer weather. She said it could take more than a month of continual pumping to
gauge possible production levels.
The Tribune-Star reported university President Dan Bradley presented trustees with
commemorative jars filled with the crude oil on May 2.
Bradley said the contractor is pleased with the drilling
results and expects it will be profitable. Numerous other oil wells are in
operation around Terre Haute.
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