Anyone want to place bets on how long it’ll take for environmental student activist groups to put together a protest?

The Indy Star reports.

Contractor strikes oil at Indiana State University campus

A contractor has struck oil at Indiana State University’s campus, but it could be a while before school officials know how much it is worth.

A crew from Pioneer Oil of Lawrenceville, Illinois, began drilling work in December on a former industrial site owned by the university just east of the downtown Terre Haute campus.

The cold winter slowed work but the onset of warmer weather has allowed for intermittent oil pumping, said Diann McKee, Indiana State’s vice president of business affairs and finance.

“We’re a month or two out before we know exactly what the production level might be, but they are certainly well underway,” McKee said. “In fact, they are likely to be drilling a second well at the same site sometime later this summer.”

University President Dan Bradley presented Board of Trustees members with commemorative jars filled with the crude oil during a board meeting Friday, the Tribune-Star reported.

Numerous other oil wells have sprung into operation around Terre Haute since the 2011 discovery of oil on property near the western Indiana city belonging to the owners of the Indianapolis Motor Speedway.


 
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