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He later stated: "The crew and I were experts at abandoning wells but we didn't know much about completing them.I named February 13 and started praying." People felt a rumbling in the ground, while roughnecks opened release valves.

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The search for large oil reservoirs in Alberta had been ongoing for decades because the Western Canadian Sedimentary Basin that lies beneath the majority of the Canadian Prairies was known to be prime ground for the formation of petroleum and natural gas, and it was unlikely that such a prime setting would have produced only the two oil fields that were known to exist in 1946. At a depth of 1,640 metres (5,380 ft), the well broke through into a reservoir even larger than the one at Leduc No. 2 and 3 had reached the Devonian D-3, or Leduc Formation.

They convinced the company's technical committee to attempt one more deep drilling effort.

Imperial's board of directors reluctantly supported the new effort, but made it known that this well, initially known as Wildcat No. He had his staff determine the best location for the new well.

He convinced Calgary businessman Archibald Dingman and Member of Parliament R. Over 500 oil exploration companies were formed within days, the majority of which existed only to bilk unwitting citizens by selling shares in companies that owned no land and had no intention of drilling for oil.

While the majority of the company's efforts drilled down only into Cretaceous levels where the Turner Valley strike was discovered, some of Imperial's geologists believed that greater reserves could be found deeper below the earth's surface.

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