elephant

elephant
 n.— «Squeezing out the last drop from existing energy plays makes sense when so many rivals are going overseas to hunt for “elephants”—industry jargon for huge conventional reserves.» —“Penn West prefers to play at home” by Brent Jang Globe and Mail (Toronto, Can.) Nov. 25, 2003. (source: Double-Tongued Dictionary)

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Further reading

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