Meaning of wildcatter in English:

wildcatter

Pronunciation /ˈwʌɪldkatə/

noun

  • 1North American A prospector who sinks exploratory oil wells.

    ‘If a prospector finds a new gold mine or the wildcatter brings in a rich oil well, the probability of other prospectors and wildcatters making equally valuable finds diminishes, however slightly.’
    • ‘Independents - the industry term for companies that have more capital and know-how than the typical wildcatter - can grow either by exploring and finding reserves or by buying a company that already has them.’
    • ‘An oil wildcatter raised by an oil wildcatter, he moved into the railroad business in the early 1980s and made billions by laying fiber-optic cable along his Southern Pacific Railroad track and purchasing Qwest Communications.’
    • ‘Oil people loved stories about wildcatters betting everything on a single well.’
    • ‘In 1920 she moved to Los Angeles with her third husband who worked as a wildcatter in the oil industry.’
    1. 1.1A person who promotes or participates in risky business ventures.
      ‘After years languishing in the backwaters of the world's stock markets, the wildcatters are back in business.’
      • ‘Kali Bose is a wildcatter - an investor with an eye on promising new areas.’
      • ‘Big Oil now acts more like a risk-averse bank than a wildcatter, following Wall Street dictates on cash flow instead of Texas traditions of risk-taking.’