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Pumping Oil From Under Downtown Terre Hatue

oil rig file photo
oil rig file photo

Oil production is underway in downtown Terre Haute.

Lawrenceville, Illinois based Pioneer Oil Company signed oil lease agreements with over 12 downtown property owners including ISU and the city of Terre Haute.

Equipment for pumping is located at a former industrial site on university-owned property east of campus, at 10th and Chestnut streets. Officials say that they are still a few months away from knowing what kind of production can be expected from the site.

 

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