Word: mcmoran
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Dates: during 1980-1980
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Experienced people are in such heavy demand that the large oil companies have serious difficulty keeping prized employees. Shell Oil is rumored to have lost some 100 geologists and geophysicists since the beginning of the year. McMoRan Oil & Gas Co. of New Orleans, for instance, has lured five scientists away from bigger firms since 1977 by offering them stock options of up to 30,000 shares each. The company's strong Wall Street performance has now made all five of them millionaires...