Casper Daily Tribune Newspaper, February 13, 1919, Page 4

POLSON SPIDER DRILL 10 START | Fargo Oil Company Prepares to} Sink Test in Big Gas Struc- ture to West | | That the Poison Spider oil field will see a development campaign during | the coming summer, second to none; in the central part of the state is the| belief of officials who plan to maxe) a thoro test of the field which c tains some of the largest gas w the st and is considered v a proven structure. The Fargo oil company which is Starting a drilling campaign in the n Spider field has holdings ad- joining the Addison oil company whch last summer drilled in a big yas well and also a small producing oil well. L. P. Roach and J. E, Dyke well nown local drillers left for the field erday morning having been en- aged by the Fargo Oil company to equip and drill the test hole for the company. The Fargo company erected a Standard outfit on their lo- tion last summer putting in a new string of standard tools. All equip- ment is now on the ground for well No. 1 and the well will be started as soon as the drillers cam rig up. W. D. Weathers, president and manager of both the Addison and Fargo companies states that it is his opinion there will be a big drilling campaign in the Poison Spider field ths spring as the Addison Oil com- pany will resume operations after the winter shut-down about March 1. He also stated that the accessibility of fuel er, supplies and other neces- sary faatural features would permit the Poison Spider field opening up spring operations much earlier than other fields in this ip ayaenity, CACTUS STARTS COLORADO WELL Round Butte Production Expected at 3,000 Feet, Say Reports From Field r tually The Cactus ‘Petroleu sum company, a subsidiary of the Franco-Wyoming series will spud in its first well to-| the Round Butte dome nie Larimer county, Colorado. will be the first drilling that mee ever been undertaken by a local oil com- pany in that part of the sister st The hole will be started with 12- inch casing which will be carried to a depth that will permit the company to finish the hole in the vicinity of 3,000 feet where it is expected oil will be eneoufitered, in what is locally known as the First Wall Creek i tandard tools and a huge rig have been set up at the hole which, accord- ing to present plans will be pushed double runtil the hole is com- pleted. The plans of the com call for completion of the well about April 1 with ordinary luck in ¢ ng the the clos trans- to the new field and rable activ- in the new should experic if a strike » consic s made RED DESERT DRILLING co. FILES OFFICIAL ARTICLES Desert Drilling ts incorporation house in Chey tal stock of $30 HeeRagIn: i. resident agent at m Corcoran, # representativ vndicate which plans operations to Wyom visitor here fron t oil ton of it exter i a business We’ll Sew on a Button, Mend a Rip, Put In a Tuck or Let Out a Pleat. We Turn Nothing Down There’s no job too small or none too large, none too simple or too complex to demand our caretaking ut- tention. Cleaning Pressing nepsiee pert dress fter the re altering of ladies garments. Call Us—We’ll Call Phone 255-J Casper Dry Cieaning Co. O. L. Thompson, Prop. "BY MIDWESTERN COMPANY —= Rose. . oe BIG YEAR AHEAD | FOR OPERATORS THE CASPER DAILY TRIBUNE | TODAY'S MARKETS BY WIRE Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. Enactment eflases Leasing Bill to Per- mit Realization of Programs Framed for 1919 A resume of the field operations in the oil districts thruout the state of Wyoming show that the general feel- ing prevails among operators that with the adoption of the hands-off policy by the federal government Wyoming will see exploitation of its many natural resources this year never before. Scores of fields due to see initial development during the coming summer if the terms of the oil leasing bill are as favo: as reported which, together with additional development, of ready proven districts, will tend to- ward the gr t era of advancement ever witn in the central pact Pathfinder! — of the state. |} Premier : | e A number of new wells were drilled Picardy — in during the month of January with Riverton Refg. the Sult Creek field the feature in Republic the new development. However, the greater part of the proposed develop-. ment of proven and unproven struc- tures are merely in the tentative stage | awaiting definite action on the leasing bill and the arrival of spring whch affords better opportunity for start- ing drilling at a minimum expense. Among the prospect fields in this vicinity that will be thoroly tes is the Bates Park anticline by Carter Oil company with a num of smaller structures in the covunt seeing initial development. Man - lo- cators are holding crews materially relieve the ov !abor here, in leash awaiting knowledge of the terms of the leas ing bill. Similar development to that whic will be carried on in Natrona ae will be the program in at least 13 of the 21 counties which compr se the states mileage, with the chief in- terest being centered in structures in Niobrara, Sweetwater, Hot Spr Big Bear - Big Five Boston-Wyo. Big Indian Center __ c ‘olumbine ‘004 01 06 Mosher U nits 800.00 Mount 3 Nort Outwest —_ aw ed Ds Wyo-Kans. Wyo-Tex. -$1.00 1.50 2.50 1.50 Warm Springs — Salt Creek Big Muddy - Pilot Butte __ © LARGE HOTEL 10 GO UP AT LUSK Improvement ine Is Projected as Result of Confidence in Oil Feilds rigs will ming this year If current rumors and reports are ever before and organizations to be en credence Lusk is to see strong enough to complete the work, the ration of a building cam- they undertake will relieve the num-|paign that will not be surpassed by ber of unsuct essful enterprises. any town of the state this year. ae ae. mong other projects, say thes: J20 LOTS IN LUSK HIGH © sczcii. Schr cession e\ageces SCHOOL ADDITION SOLO pleted and eaie its place among the best hostelries of the state. No is for sale in the hotel corpor- but the plan is said to have been financed. Yr program to which encour aly The Midy estern pany, thru its L Russell, started High School Addition at Lusk ruary 1. At the close of business Monday night over 200 lots had been disposed of, 2 number of from surrounding towns be hand to get in on the sale. Investment com-| agents, Fagan and ale of lots in the A Wholesale Center the im Lus A. E. Winter, mana; western company are still a number of among the apportionmunt local offices of the comp: are in charge of Harry agent. The company plans another tion to the town of Lusk to be as the } will prove a aluable residence district as the th of the town is warranted by the development of the surrounding oil field reports that cho Free Adi == —_ v Every human McFadden, need is cared for. + norther holdings Harr man t vho hi districts, in pending a few sridan in the inte ns he represents. > Save your money cy. In doubt where to go for of gooda not carried f s of organiza For "‘A-B-C Book of Omaha," writs Chamber of Commerce, Omaha eat at the Har. Young Woman Townsite In the Lusk Oil Field Che Illinois Pipe Line Co. is building a from the Lusk Oil Field to Lusk. Thousands of men will be employed in the Lusk Oil Field. The Families of these men will mean Thousands more. Young Woman is the natural place for them to live. An abundance of good water, Telephone, U. S. Postoffice, on the main highway, and many other ad- vantages, at Young Woman. All lots $100.00 each, 1,000 shares of the capital stock of the Y. W. Oil & Dev. Co., with each lot. Send for folder and particulars write pipe line Tothe Young Woman Townsite Co., Room 3, Mokler Bldg. Phone 467-W Casper, Wyoming New York Curb Bid Midwest Refg. - 144 Midwest Com. - 1.39 Midwest Pref. - Merritt Glenrock Oi Cosden _-- Okmulgee Sapulpa —__ Houston Oil Ask 145 1.41 1.64 New York Stock Exchange Stocks Open 166 1874 344 89% Close 1683 Sinclair Oil ~- U. S. Steel -- Liberty Bonds Open 34a 892 Close 94.92 93.8¢ 94.90 93.90 WYOMING CRUD E OIL MARKET -- 1.85 1.85 contract --- 1.25 Elk Basin — Grass Creek - Fossil Lander aging hopes are pinned is the erec- of no less than 50 houses on the addition owned by the Tom Bell Cattle company. This tract is located north of the Northwestern depot at Lusk and adjoins the High School ad- dition handled by the Midwestern In- vestment company, the sale of whose lots has hit new records during the past fow days. The improvement era is. based on the outcome of the Ohio well on si tion 33, which local interests bel: will come in a gusher with the re- sumption of drilling operations. When water supply is available the test will be made. fee Money to lvan on chattels. Secu- ‘rity Loan Company, Suite 302 O. Bldg. ET. WILLIAMS SALE RUMORED Rew That Colorado Interests; Are Dickering for Control | Not Confirmed There is a rumor current in market} cireles that large financial interests in Colorado are dickering for cael trol of the E. T. Williams Oil com- pany at $4 per share, on the entire} stock of $500,000 shares for which! the company is incorporated, making a rumored bid of $2,000,000 for the transfer of the company. There are 375,000 shares of stock of the com- pany outstanding at the present time which, according to present market quotations are worth approximately $3 per share. The remaining $500,000 that will ‘be received for the sale of the com- pany after all stock is bought in will be distributed in the form of a dividend pro rata to the holdings of the individual stockholders at the! time the deal is consummated, or a total of $5.33 net per share. Gere Williams president of the company is in Denver and Martin McGrath another officer is in Ther- mopolis so it was unable to yet a/ confirmation that the deal was pend- ing. However, the news was brot to Casper by relisbl2 sources. NEW MINING CONCERN IS INCORPORATED IN STATE Another mining concern has been incorporated in Wyoming, and it has ® capitalization of $2,500,000. Its articles, filed with the secretary of state show that it will be known as the Rambler Consolidated Mines cor- poration, that it will operate at Holmes, Albany county, and that it will maintain offices at Laramie ana, Chicago. Its shares will have a par value of $1 each. The first board ot directors consists of John M. Stager, James K. Blish, Henry C. Jones, Luther F. Binkey, Lucius Turner, William McKinley and R, M. Ayres. The filing fee amounted to $505. —_ is spending a SOS combined business and pleasure trip in Chicago, Omaha anu other points in the east. He will re- turn to Casper during the latter part of the coming week, according to ad- vices from his office yesterday. GEOLOGICAL WORK Maps and Blue Prints, Surveying Crude Oil Testing a Specialty Wyoming Map and Blue Print Co., P. O. Box 325. Rm. 10, over Lyric Casper, Wyo. OUTWEST PETROLEUM BOUGHT—SOLD—QUOTED ‘ Send for Special report. Write or wire us Your market wishes in this security SINGER SECURITIES CORPORATION 15 Park Row New York City [24 SCHOOLS OF - THURSDAY, FEB. 13, 1919 , = school in the cify closed because of the strike of the stationary engi: neers reopened this morning zfier ., three-day vacation and the on/ school of 25 closed by the strikers that at reopened today. Twenty-four cf 1). sixty-five schools of the city resi | able to open. DENVER UNABLE. TO BEGIN WORK INVER, Feb. 12. er ae High School ‘was the only batt ‘Tribune Wantace are wonders. EEE FIRST PUBLIC SUBSCRIPTION POWDER RIVER SYNDICATE UNITS AT $100 PER UNIT This Syndicate closed an operating agreement with the Winona Qil Corporation to finish drilling the well which is close to 700 feet deep and has oil in the shale, and will drill other wells on Winona land. IN ADDITION TO THE ABOVE The Powder Syndicate own and control 1280 acres of the choicest and most favorably located oil land in the REAL POWDER RIVER FIELD. FOR FURTHER INFORMATION, LITERATURE, Etc. ‘ Address C. KIRCHNER, General Manager and Sales Agent 520 East Third St., Casper, Wyo. Phone 703 P. O. Box 1117 Brokers and Representative Sales Agents who desire to handle these units should wire or write at once for detailed information. TAYLOR & CLAY, Inc. STOCKS AND BONDS Daily telegraphic quotations from New York, Denver, ana other markets over our private wires. Place the convericnt facilities of our office at your dis posal to buy, sei.lor obtain the best markets and up to the min- ute quotations. Information and quotations furnished upon request on Local Oils, New York Stocks, Liberty Bonds and other issues. Phone 203 Casper, Wyo. 212 Oil Exchange Bldg. See Ben Transfer Co Stanley Overbaugh, Prop. Light and Heavy Hauling._ Furniture and Piano moving a specialty. Baggage transferred. QUICK AND SATISFACTORY SERVICE SNOOTOOMOOOEES SIMS ME N BEST BOWL OF CHILI IN TOWN \ 15c AT THE CHILI KING LUNCK » WQ Back of Grand Central Bar. All kinds of Sandwiches at |; uu maw aaa eas popular prices. Quick service, highest quality. WYOTEX OIL COMPANY $35,000.00 Capital Stock FULLY PAID AND Par Value 10c. NON-ASSESSABLE 20 Acres in the heart of the Famous Watkins Pool adjoining a tract that is being developed by C. D. Markham of Basin, Wyoming and A. H. Arnet of Casper, Wyo- ming. Rainbow. tors at par. Wale: Oil. Company It is ve The enormous amounts of money made in this territory have made this field the center of attraction of the famous Texas oil fields. Oil Fields reads like a fairy story. The story of the Texas ritably the pot of gold .at the end of the Over thirty companies in this district have paid $100.00 per share divi- dend. Floydada company today announces 100 per cent dividend the 12th, another the 20th and another the 5th of March. This is too common an occurance here to cause any comment. We agree to drjll and equip two wells on this 20 acres. A small Block of the Wyotex Oil company s‘ock is pow being offered the Casper inves- Don’t be surprised should this turn ‘out to be another Hogg Creek. All oversubscriptions will be promptly returned. Coupon WYOTEX OIL CO, WICHITA FALLS, TEXAS I hereby subseribe for ( ) shares of capital stock of Wyotex Oil Company, it being understood that shares are fully paid and non-assessable, Shares 10c each, I en- : as payment in full.