To strike oil

to find petroleum when boring for it; figuratively, to make a lucky hit financially.

See also: Strike

References in periodicals archive ?
PARIS, Nov 20 (KUNA) -- The French government on Friday dismissed claims, mainly from Russia, that it was illegal to strike oil sites controlled by Islamic State in Iraq and the Levant (ISIL) in Syria from where large financial resources are drawn to support the terrorist movement.
The group say the trio have enough food and water to last 10 days in the pod, which was last night hanging from the drill-bit that would be used to strike oil.
East Africa's largest economy has yet to strike oil or gas and Kenyan government is positive.
Its shares slumped in June after the company reported that its Bamboo well off the coast of Egypt failed to strike oil.
AFTER 28 years, it is quite unbelievable that the Argentine government has decided to have another attempt to subjugate the Falkland islanders, this time because the islands could be about to strike oil in a big way.
The Viking rig is 500 feet behind the Longhorn platform in their battle to strike oil on the fields of Texas.
Now City have climbed aboard their magic carpet ride, punters are going mad to back Mark Hughes's men to strike oil this season.
A small Persian Gulf nation, Bahrain was, in 1932, the first Arab state to strike oil.
In his presentation, "Hess Corporation Hopes to Strike Oil with a Talent Management Suite," Mr.