Casper Daily Tribune Newspaper, February 18, 1919, Page 8

ELK BASIN PETE OPROGRE SUING Good Record Maintained During} BLENHURST 10 COMPETE TEST Drilling Important to Future Pos- F urnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. ay a (UAI DOZEN WELLS ON TEXAS HOLDING Twelfth Deep Well on Cap Rock In Big Muddy and Will Be Completed This Week. The cap rock of the twelfth deep well of the Texas company in the jand according to advices from the |district arrangements have been made to bring the well to production at an |Big Muddy field has been reached; CODY OILFIELD WULSEE TEST Queen Oil Company and. Associ-| ated Interests Pool Finances to Drill Wells. The Cody oil field, heretofore re- garded as a wild bet, is to get a real j test thru operations projected by the! Queen Oil company of Delaware, in- cluding A. M. Berringer of Cody,| Capt. H. F. Gerry of California and | B. V. Hole of the Queen Oil company. | TEXAS SENDING CREWS TOLUSK Extensive Development Indicated by Transfer of Drillers From Big. Muddy. An order issued by the Texas com- pany removing all its men from Biy Muddy tield to Lance Creek except the production men, evidently means that the Texas expects to begin an extensive drilling campaign in the new territory. The company already has 5 apeepec 5 z sarly », Two other Wall Creeh| The company recently has increased; two drills working i Year; Two Dividends Are | __ sibilities of Field; Jupiter mecaaaea" ask | er Norn isch canny Sand wanatinltueieamenrienty tortie be leasehold by the acquisition of! two more tan ne Sarai ain Paid Out Here. | Also Watched. | American s 024 Midwest Refg. --. 155 6 |new well were completed during the| holdings formerly held by the Moun-| more in transit. While the Midwest | | Bassemer = 18 Midwest Com. -_ 1. © |month of January adding to the pro-| tain States Oil company. | and Ohio are developing the north end Among the oil companies that| After a two-weeks shut-down the| Big Bear - -03 Midweat Pref. - 2 |duction and extending the northwestj ae entice to the west of the! of the field Texas has selected the have come thru the year of 1918|Glenhurst Oil ocmpany started drill-| Big Five - eS 023 Ee tT 0 | producing limits of the field. Panic ies one, anticline, including @ southeastern part as the best bet. with good records is the wlk Basin| ing again Monday morning. The shut-| Boston Wyo. 34 | fa erie il - Kf Holdings of the company comprise Hal ee mater owned by Gus | The chief reason for withdrawins Petroleum company of Wyoming down was caused by the cementing| Big Indian - 30 | Ol At = { jacreage in section five, seven and) Holm’s, Me e the scene of first oper- the men from the Muddy field at this which is developing its holdings in| off of a water strata which was per-| Center —- 2 013 s aah eee 87 jeight in the northwest end of the/ ations and announcement is made that time is that the work in Muddy can the upper part of the Big Horn Basin|mitting considerable water to seep! Columbine - - UD | eS 3 + field and with each well that comes| provision has been made for drilling be resumed at any time, without in- on which eight wells make a good| into the hole which is thot to be less| Con. Royalty --- 90) OMianas Oil _- i ‘00 |in the Texas company moves its pass three wells. | terference in the meantime from the duction. | than 100 feet above the oil sand. | Elkhorn - = 62 lahoma P&R -_ 8. v |of operations north and west con-| In financing thoro tests of the field! government, while it is not certai~ Le apany's operating’ work. is The well, which has produced a! Helca x O13 Sones ey jstantly adding to the proven acreag: | various interests fave been pooled. | that undeveloped areas in the vicinity mt occa creitage Weis py | strong gas pressure and a showing of| upiter a “Ov New York Stock Exchange of the district. n ee operators who are backing the of Lusk may not be withdrawn hy the Onis Oil coo eeny and the year} 0l, is considered one of the most! Kinney 73 | Stocks Drilling in of the newest well to| enterprise are associated with the|the government at any time, and be- just passed was so profitable in the| important test wells that is being) Mountain & Gulf 34 | Open Close reach the Wall Creek sand wil BS Des Moines Syndicate. : sides, in most cases, the leases ob- matter of returns that two dividends| drilled on the Northeast end of the) Northwest _ ‘52 | Mexican Pet. - 177 175 | proceeded with today TE Sear Se ae tained by the companies in the Lance were declared, one of three per| Big Muddy structure and is located| Outwest lu Texas Oil 3 1913 |delays should be complete is weer WYOMING PEERLESS LETS Creek field’ call for spudding in with cent on March 30 and another of| 0M section 31-34-75. | Pathfinder - .06 | Sinclair Oil - = 94, | Another well has pest pLarLecsJUStt in 90 days of the signing of the the same amount on December 10th. pane Glentiusst wellbis at a denth Premier 014 | U.S. Steel - 925 jporcniet sana te aritled. by ine leases. These dividends came as a surprise| f approximately 360: eet and is} Picardy --- Vo eee an * Hi io | CONTRAGT 10 COMPLETE to the stockholders as the expenses| Striving to reach the first Wall Creek! Riverton Refg. _- 14 Liberty Bonds pe sees GEL A ahe big] u TEXAS-ELKHORN WELL DOWN ofthe firm were heavy and no returrs sand ais Tumor factory, as ieenoes| Republic 2 088 | Ogsa (Clase liatasearts ah average of 100 to 150 WELL WEST OF MUDDY 1,200 FEET, SAYS REPORT were expected until 1919. a number of times tha e wel iloh -- 5 ! i _ = a iders shows the firm to be in| ments were discounted this morning! Western Explr. --~ Ki 05 | Is s 2.80 | e rs of a - . +o SSP SREUIS EEG Gondltibuiron iy | by eMeluls atl Welcomibeny;wnaietate | WinabRivertRetel 2 26 | 2nd 4s Sere eee ee eee rately TUT IC ENee | Bee eee eee oF ene aw zoming | moouned give they Lexa. BICHSEN Syn entry into the new year; the cash on| that the test of the sand is still to, E. T. Wiiliams--_ 2. 275 | ist 4ts EE rh HE eae Bike cheseoey Caan of 1200 fect after eGR ed in 279 i i. c ing “4 2 | arg, gine 5 ie 10) e b hand wee 2172-00 wath oe As Ley ae st ie Nene Nae eG | Ay ae : eeu terial for the rigs having alreaqy|12 miles east of Casper is avideneet less than two weeks ago, and every Ho Tur OE $1000 OOF in Tavens’ l Natale emeeeeserenoaerte tontee at ceed | haaitaea Units =2e00r00) Ganloor, | 4ineaas 93.80 | been shipped to Lusk for transporta.' by the contract which was let to the| effort is being made by the drilliny: bonds. pear a ary, was Ken as a pre-| Mos AY 3 = re |tion to the field. The location of} Eishelman & Double Drilling compa | contractors to make a rapid test of Its leases are valued at $239,400 cay nary, measure in case the drill WYOMING CRUDE OIL MARKET ‘the Texas company’s holdings are on/ny yesterday for completion of the| the oil sands which are expected to with $39,656.81 cxpended for de-| hits the cap rock covering the oil’ warm Springs - -$1.00, Elk Basin __ _ 1.85/section 11-84-65 south of the Ohio | hole which has been shut down durin. | lie about 3,000 feet. velopment. The oil sales brot}sand before it is expected. Salt Creek — 1.50] Grass Creek _ 1.85 Western States producer on 36-36-65./ the winter. The hole will be resumel $29,835.72. The Glenhurst test is doing the Big Muddy _ 2.50] Fossil --.--. Zcontract| Advices from officials closely iden-|at a depth of 1,635 feet, where it! Elk Basin Pete is a Casper concern| same thing for the east end of the pilot Butte ——- 1.60] Lander —_ ~_-. 1.26 | tified with the Texas company inter-/ was shut down last fall.” Officials GEOLOGICAL WORK and is officered almost wholly by| Big Muddy field that the Jupiter well ests indicate that the Texas company of the company who have been ir! Casper people. The success of the firm is therefore an interesting fea- ture in Casper’s business life. In the coming year the company will consider the placing of a casing head gas plant in operation to take care of the gas the wells are produc- ing with the oil and which will add an additional revenue from a source not now utilized. Other wells will be drilled to thoroly test out the firms holdings as only one well has been drilled on the Woods claim No. 2 and it is one of the best producer: in the field. FIKHORN WELT NA 19.0N TOP NF SANT NRUVIN, | HELD UP FOR CFMENTINE The Elkhorn Oil company e its well No, 13 me this week, according to advices from the Lier Muddy field, stating that the well| which is located on section 4-33-7e | be drilled into the sand immedi-| ately. Operations on the property! have been at a standstill for several days pending the settling and hard- ening of the cement which was put | into the hole at a depth of approxi-) mately 3,100 feet to shut off a water strata carrying the hole into the first Wall Creck sand. The company’s fg in the same v hole, came in wi tion estimated at 1,000 barrels a day over a year ago. This hole, accord- ing to reports, is now producing stead- ily about 300 barrels a day. As well No. 18 is in proven territory it will be of no exceptional importance ir extending the limits of the field, the primary benefit being the new production it will add to the field. PREMIER WELL IN BIG MUDDY 1S ABANDONED After a series of unfortunate ac- cidents on the Premier Oil company well on section 11-33-76 drilling op- erations have been abandoned ana the casing pulled from the hole, ac cording to authentic statements from the company. The first test of the east side of the Big Muddy field was started by the Premier company on a working agreement with the Ohio Oil company. Caving, losing tools, parting of casing and eventual- ly loss of the hole which had beer drilled to nearly 3,000 feet, are just} a few of the incidents which the com- pany had to contend with. What further endeavor the company wil make to develop the property is un- known. GURTIS TO DRILL TEST ON SUMMIT OF PINE. MT. The Curtis Petroleum company plans to drill a well on the crest of Pine Mountain which is considered the apex of the Pine Mountain Dome about 20 miles west of Casper. The rig will be erected on a luff which is about 500 feet highe®j than the surface of the surrounding country to the east, the fault occurring at the cliffedge making it a poor proposi- tion to endeavor to develop on the east side. Statements of people whe have visited the district show that the ill com- rl on 1! No. 10 which} ty of the new} a flush produc-} | ! | | jizing the issue of $3,000,000 in pre. structure and should. miss a grea on section 34-24-76 is doing for the north end of the structure. If both these wells come in producers hun- dreds of acres will be added to the known producing limits of the field. The closest production to the Glen- hurst well is on section 2-33-76 or almost three miles south and west of the ne test hole. perators in the Muddy are anxi- ; ously awaiting the result of the drill. | “28 0” Well No. 18 of the Glenr ing and are making arrangements to Oil companys. Blackbird Homa, ba extend their acreage should the well hole was pwrthink threeswecks orice ca be successful. It is stated that the Pletion when the accident occurred. Pathfinder well on section 36-34-76, Ho 1D thot shat athe fre qesuene Seon west of the Glenhurst test, is markin; thenbeller jspatke}belng {carried ibeye time pendin, high wind. drilling. gp thes outcome, wotiithe Work was immediately begin to ——— ee reconstruct the rig and it is expecced spre | that drilling will be resumed within INL MEETING 10 BE See ’ Save your money—eat at the Har- | HELD BY KINNEY COMPANY == | | QHIO AIG ON BLACKBIRD LEASE BURNS 10 GROUND The Ohio Oil company had the mis-| fortune to lose a rig by tire last week in the Big Muddy. The a very short ti A Special meeting of the stock- holders of the Kinney Oil and Re- fining company will be held in Chey enne March 12, according to the for- mal notice which has been mailed tu stockholders by Joe C. Kinney, presi- dent of the company. The purpose of the meeting will be to vote on the proposition to amend the articles of incorporation by reducing the au- thorized common stock from $10,. 000,000 to $7,000,000 and author- ferred stock. Folowing this meeting the directors will ask the permissior. of the stockhalders to convert 2,000, 000 shares of the outstanding com- mon stock into preferred stock be Participated in solely by the stock- holders who are not officials of the company, share for share. ——— + CARTER RUSHING CAMP TO COMPLETION IN THE BATES PARK OIL DOME That the Carter Oil company is sincere in its efforts to drill and ea ploit the Bates Park field is evident from the methods they are employ- ing and of the kind of a camp they are building and material they arc placing in the field. While no state- ment has been made by the company relative to the extent of their opera tion in the field, it is believed that it plans going in on a tremendous scale, The orginal well site chosen by the company is about five miles nortn of the pioneer well in the field which was drilled by the Pioneer Syndicate headed by Dr, F. Leeper. According to reports the Carter company be- lieves that they are higher up on the to $100.00. deal of the water trouble that was encountered in the first well in the new location. Trucks have been hauling material to the field for several days to sup- nly the camp and drilling material. No statement has been obtained whe the hole will get underway, but it is) generally understoon that Cart. plans immediate exploitation of the large acreage. —_ ~~. One curious effect of the war—in jand, at least—was the remarka- diminution of crime. In 1905 175 in Brit- tin was, or had been, in prison; in 1913 the number had fallen to one in svery 271, and before the end of| he war it had dropped to one in| le one person out of eve Curtis people are making arrange ments for a big exploitation cam- paign with the first well to be start ed in the novel location. 157 So. Center Street 1,127. TJIFILLLLLALLLLALAALAAAAALLALALLLLALLLZLZLZLLZLZLLLLAL = Rats when cooked taste like young! cabbits. | These lots have been put on the market at a price ranging from $50.00 $10.00 Down and $10.00 per Month No Interest, No ‘Taxes The big money is made on the first lots, not after they have changed v hands a number of times. pees ) THE (LOT MAN 200 CLUB NEARING SAND IN THE RANGER FIELD Members of the Casper 200 Club are anxiously awaiting reports fron. the company well at Ranger, Texas which is rapidly nearing the oil sand. HAMMOND POSTOFFICE MAY Owing to the illness of George Stik BE ABANDONED—KENDRICK phen no authentic statements of the! depth of the hole in Texas could be ae obtained, but it was difinitely lear. Notice has been received by Sena ed that the drillers are about read; ton Kendrick at Washington that un- to carry the drill into the producing less a candidate for the postmaster- sand. ing year. The plan that has hereto 'would onl. tures. Sepa: (the next three weeks it will be neces- When in the city stop at the Ameri-'sary to abandon the postoffice at that can Hotel, 148 So. Center St. place. 2-14-tfresigned and the postoffice authori- ties report they could find no one Our Waniads ore powerful pullers.to apply for the place. GET ON A WINNER GET A LOT IN LUSK We have taken over the agency for the Midwestern Investment Co. to handle their High School addition in Lusk; the new oil city-of Wyoming. Over 200 Lots Sold in the Last Ten Days. Beck and Son, contractors, are getting ready to build a $200,000 Hotel. The Tom Bell Cattle Co. has put up $300,000 to build homes on their tract of land joining us on the west, 50 homes to start at once. N Casper, Wyoming jship at Hammond is secured within} The present postmaster hus | LLALggeedtaddd plans extensve operations in man, Casper for several da districts in Wyoming during the com | the organization is fin fore been in effect that the company | and that the drilling would be rushed y drill proven districts, it/so that the well could be completed lis rumored, will be set aside to per-| this summer. } mit exploitation of many small strue-| Meps and Blue Prints, Surveying Crude Oil Testing = Specialty Wyoming Map and Blue Print Co., P. O. Box 325. Rm. 10, over Lyric Casper, W: ys report tha:, anclally strong enough to go ahead with the tes. Young Woman Townsite In the Lusk Oil Field Che Illinois Pipe Line Co. is building a pipe lint 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 To the Young Woman Townsite Co., Room 3, Mokler Bldg. Phone 467-W Casper, Wyoming TAYLOR & CLAY, Inc. STOCKS AND BONDS Daily telegraphic quotations from New York, Denver, ana other markets over our private wires. Place the converient facilities of our office at your dis- posal to buy, sel 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 Bidg. FIRST PUBLIC SUBSCRIPTION POWDER RIVER SYNDICATE UNITS AT $100 PER UNIT This Syndicate closed an operating agreement with the Winona Oil 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 River 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 ral Manager and Sales Agent C. KIRCHNER, Gene: 520 East Third St., Casper, Wyo. ; P. O. Box 1117 Brokers and Representative Sales Agents who desire to Phone 703 handle these units sh “4 ould wire or write at once for detailed information. x