Casper Daily Tribune Newspaper, September 8, 1917, Page 4

| : THE CASPER DAILY TRIBUNE POT OS TH THE OIL COM J) TODAY’S QUOTATIONS, BY CARTER & COMPANY M Colorado, New Mexico and northerr Nebraska to run down rumors of re-| jcent. strikes in these localities. — | Laramie Land Located M. O. Boring, of the Producers} company of Texas, was in town and reports numerous locations in the Laramie and Medicine Bow country j Gypsy Manager Here J. P. Rogers, general manager of Casper. Denver. N. Y. Cb. (noon) the Gypsy company in Wyoming, left Stock— Bid. Asked. Bid. Asked Bid. Asked. today for Ogden and Salt Lake City ‘American aT at $ .05 03% 04 é es in the interest of his company. 20 25 25 a = Aten eae SONS eh 1.37% 1.30 Big Purchase of Casing Black Bear A 46 50 46 49 M. W. Edwards, field superintend- Bessemer 46 AB 26 ent for the Big Bear Oil company, re-| Roston-W yoming 50 55 50 57 47 49 | trrned Friday morning from the Kan- Garten. 7 09 10 09 10 sas oil fields, where he purchased two ei E “80 69 4 64 complete strings of 15% and 6% -inch | Columbine a= ‘ rie rae ri casing to be used in sinking the two! mak. Basin | (Ms. oe : 10.12% 10.25 ells of the company in the Big ape sd aes ee 4 Se Muddy field. The purchase price ap-| eceral - a} = “7 proxim. 3 Fe 76 | Ssenrpsk OG aa “48 A Mr. E tates that the Wyo- Glenrock Fet 4 : Let 1452 14. @oaz [Ming fields look better to him than Gle hacen) Oil te x 14.26 14.62% producing areas of Kansas. The Grass Ck. 0. & G : a 66% = Big Bear is making good progress on| nee Les 60 ts Big Muddy wells. | upiter 26 2 | y 25 20 | area sss ; REG To List Kinney on Curb : ; 0 Kinney is to be listed on the New| Merritt Annex 6.00 6.50 |. y ? wi Midway 09 1 08% 09% ;York curb. Charles Orchard, presi-| Midwest (com.) Ff 1.60 1.63 |dent of the company, and W. A. Mat- Midwest (Pref.) 1.62 L75 lock, the Denver broker, left Denver Midwest Refining 158.00 160.00 last night with the necessary data to} Midland 0. & D 03% 04 € 2 sfy the listing committee. The Northwest 87 90 8R aA RG action is taken to provide a broader Outwest 15 16 16 market for the stock and not for the| Royalty 2.90 2.00 s O05 |purpose of selling treasury stock cf| Republic x 15 16 16 ithe company. That the treasury is to Balt Creek Pet == 19 ‘22 24 ‘remain untouched and be held as an Rusector 45 48 50 emergency fund for possible new ex- United Pet te ‘27 29 274 > |tensions on a large scale is the de- Wyo-Blackfoot “06 07 05% |claration | of the management. The Western Exp. 5.50 6.00 5.75 |company’s bank account is soon to be Mat Ae ‘06 07 06% enriched by the payment of a cash alesWeoring 09% "4 ‘10 © bonus of $100,000 which the Ohio Oil E. T. Williams 3.00. 3.80 3.25 [company pledged itself: to ney 48)the Pathfinder 5B 4 53 Kinney as soon as the first well was | | na company, is touring Nebraska in the \h HY yinterest of his company. | NEY W. W. Bagley, a prominent broker | 4 Will Trace Strike Rumors W. W. O'Neil, of the Carter Oi {| company, expects to leave Sunday fo Le t Extensive Capital Interested in the Development of Wyoming Fields Says Geologist Sur, Back From Eastern Visit Otis and Assurance that New York capital is more intensely interested in the development of the Wyoming oil | fields than in any other venture of a|}) oO similar nature in the entire country, |} MIDWEST HOTEL was brot to Casper Friday by John|]> Sur, prominent petroleum geologist, | > who sounded sentiment in New York|~ following a trip of inspection to the SSCA MSU AM | brought into the Wall Creek sands un- {der its drilling contract. Wyoming Biggest Field of New York, has returned from a} || visit to the oil fields of Wyoming and r (Continued on Page 8 Company Members New York Stock Exchange, New York | Cotton Exchange, Chicago Board of Trade 5 CASPER, WYO. Kansas fields, on which he prepared a report for New ‘York interests. While they are interested to a degree in the mid-Continent fields, Mr. Sur! asserts that the major portion of available capital will flow this way, due to success already achieved and the promise of large returns in the future. Conditions in Kentucky Mr. Sur regards as next in popularity with prospective operator that the oil is tapped at a shallow dep Wells of 50 to 100 barrels’; production are brot in at 600 to 1,000 fect, drilling contracts being let from 90 ce to $ a foot. In every field which Mr, Sur vis- ited on his most recent trip he met scouts and geologists of practically . man of all the large producing comp: Wyoming. Today Mr. Sur goes to the Salt Creek field to choose sites for two new wells to be drilled by New York companies. Regarding the experience of Bessemer drillers in encountering a water flow, Mr. Sur said, “T expect a good many of the wells in West Salt Creek to encounter water and dry sands because of the numerous faulted blocks. If a well is located without study or reference to the faulted zones, they are liable} to get no oil.” || With reference to the Wall Creek | sands in the West Salt Cre tion, Mr, Sur asserts that o-| | acture k to Kentucky « a three and independence we a EAST gists do not, s expect t oil in the fir ids. Mr. Su sidered an au } of West Salt ( go b weeks’ All lots are pr Acquires New Holdings The Wyoming Hub Oil company has les the northwest quarter of Section ¢ , in addition to other holdings in the Big Muddy, and in- tend to start its first well on that land. The property adjoins the Path- finder and will be a very valuable holding should the Pathfinder bring in a well. The company has completed its in- corporation and the treasury books will be open to the public Monday morning, stock selling at 25 cents per share. clear. MAKE THAT —e Shootu Salt Creek Well Joe Lippert, of the Wyoming Tor- pedo company, is in Salt Creek today shooting a well for the Midwest, near the home camp. Investigates West Side E. H. Aderton, of the Gypsy com- 3 is in Salt Creek looking over LOT 112 South Wolcott St. Facing the greatest problem in the life of every ="'Owning a Home OF YOUR | and | | without exception those familiar with O VV IN possibilites here are enthused over That you may start on the road to home ownership START | | family— | | re selling lots in Sheridan Heights CASPER for only $10 down and $5 per month. ced reasonable. Build you a cozy little home for the family—and you will be surprised to find how quickly the home and lot will be free and TODAY. COME IN AND SEE ME : Harry Free MAN Phone 635 Tisdale Oil Field Now the Great Gamble HECLA-WYOMING, OWNING ELEVEN HUNDRED ACRES ON CREST OF THIS GREAT STRUCTURE, WILL MAKE EXCEPTIONAL PROFITS FOR STOCKHOLDERS IF DOME PROVES PRODUCTIVE Zi an i. Ho) | Ailh t SSS SSS (Map of Powder River, showing the location of the splendid holdings of Hecla- Wyoming Oil Co.) ’ Tisdale Field is the sensation of the day, with its present tre- mendous activities. Big oil companies are out seeking hold- ings on this great dome, which even with its extensive propor- tions is found too small to make room for all. A veritable scramble for leases on this structure has begun, and both com- panies and operators are rushing material on their lands to guard against possible government withdrawal. Hecla-Wyoming, starting early in the rush has obtained some of the choicest lands in the field, gauged according to the productivity of other proven oil fields of the state. Most of the leases of the company lie within the 1,000 foot contour of the dome as surveyed by Carroll H. V It is stated that within the one-thousand foot contour *, ninety-five percent of the production of the state of Wyoming is now obtained. In purchasing new lands for Hecla- Wyoming Company, the officers have taken into consideration this scientific fact and have only taken over lands which they believe to be ultimately pro- ductive. Since the company was formed, less than three weeks ago, the acreage of the company has been nearly trebled. Drilling arrangements have been entered into which place Hecla-Wyoming in the ranks of actively operating companies. Besides the drilling arrangement on joint account with the Jupiter Company in Section 9-41-81, other drilling contracts are being entered into to develop the valuable leases in the northern part of the dome, announcement of which should be made soon. MANAGEMENT OF THE COMPANY One of the'real assets of the company is the personnel of the management which is vested in Robert K. Staley, of Casper. Mr. Staley’s broad experience in the oil business gives the Hecla-Wyoming a business standing excelled by few of the operating companies in the Wyoming fields. POSSIBILITIES , Hecla-Wyoming is the kind of a gamble an oil man likes. Clear, active, aggressive, speculative, following every known fact of oil science in selection of land, yet admitting the risk taken. ; Hecla Wyoming is playing for big stakes, confining their efforts to the biggest dome in the state, gambling on Nature’s laws that the biggest pools will be where the biggest collecting area for oil is; Hecla-Wyoming owns 1100 acres inside the Wall Creek escarpment of Powder River (see map) and when the field is enjoying the sensation of new wells, Hecla-Wyoming share holdérs should benefit in as great or greater man- ner than those of any other company now in operation in this field. Hecla-Wyoming sells at 7c per share, net, cash with order. YOUR ORDER TODAY! almost any time. Field is proven. As a suggestion of the possibilities of Hecla-Wyoming stock, think of what 1100 acres on top of the Big Muddy or Salt Creek would be worth to-a $400,000. company "GET YOUR ORDERS IN NOW. DUTTON-STALEY & CO. _ Fiscal Agents Suite 7, Smith Block : SEND IN News of a startling nature may advance the stock Do not delay. Get some Hecla-Wyoming before the Tisdale | eae