Wildcatter Moffett’s Davy Jones Well Bet Tests Investors: Energy
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“People call us pioneers. Well, that’s great, I guess, (though) some people say pioneers end up with arrows in their back.”
The speaker, in a tone that manages to be both self-deprecating and mildly defiant, is Jim Bob Moffett, chief executive officer of McMoRan Exploration Co. -- serial wildcatter, incurable prospector, a man with a huge appetite for risks and an uncanny record of extracting big paydays from taking them.