Explorer Historical Highlights
By Robert Bertagne
On Aug. 3, 1966, Continental Oil Company’s Fateh-1 wildcat came in at a rate of approximately 100,000 barrels of oil per day, but with little fanfare in the oil world. Located offshore 55 miles north of the port of Dubai, the discovery was the result of a chain of events that were initiated in the early 1950s by two driven executives with different backgrounds but a shared vision of the future.