Casper Daily Tribune Newspaper, July 22, 1919, Page 4

PAGE FOUR TODAYS HARKETS BY Che Casper Daily Tribune WIRE AT Rau Furnished by TAYLOR & CLAY Room 212, Oil Exchange Bldg. Local Stocks mated Rity 1 yoming E Creek —- I i I er Big Indiar I il Con yyalty —- Cow Gulch Columbine Casper Ranger Elkhorn = Great Western Pet = .20 Hutton Lake - 03 Mike Henry = 13 .06 1 Petroleu ain & Gulf Mosher Oil --. Northwest Tom Bel 3 United Petroleum Wind River Refg. $1.00 1.60 Big Muddy - Pilot Butte - LINCOLN COUNTY FIELDS AGTIVE Wildcatting Renewed and Proven Fields Are to Be Brot to Production KEMMEF eequiring Hersm: the newly-o: former associ i Hersman Oil Co came into possession of six shallow wells in the il field, y drilled, ch have oil standir cas and flowing from y for the pump. to a depth is only 257 feet deep il standing at the top of the Well . 5 was sunk only to a depth of 138 fee and already 200 barrels have been pumped from it for | use Well No. 4 at 134 feet has yielded about 75 barrels up to the present time, and a steady flow can be se- cured from it by pumping. Another well which was drilled to a depth of 900 feet p ing through two of the shallow, ad strata and reaching the third has gas in large quanti flowing constantly. This is considered cellent indication all this well will and in ility thorough deep t later. ntion of the new man- tivities ure being prosecuted t and day to of the shallow wells un- til are ¢ eted. Then these will be connected with a multi- plex pumping plant similar to those in use on the Pacific coast, the power for operating the pump at each well being f ed from one central atior Ellwood to Drill While in the city a few days igo H. R. Ellwood of Omaha, president st Oil & D sed a No. 2 Jannis a lease held by } 14, and drilling w.ll tely. Chemical Resumes Work wi the visit of C. E. Crow- ley Id Falls, president of the Chemical Oil & Shale Co., work hz been « ied on actively at the well in il field. nt here the supe ything is The old x replaced with 15-inch. Carter Test Resumed lying dormant for account of war cor xetive work is to the Neil Hoc 8 at Carte mmerer, and line of the A crew of 11 men the We Mr. ler getting -inch casing three situated Unior Johr the head of talists from t finances at th Hardr © complete financial end of the company Drilling operations will be started at once und supervision of already engines and achinery is on Thome its way from Denver. Eve in readine nthe arrival of > equipment for drilling the old Ii on section 2, and upon comple- tion, is secured, other wells will be drilled Sage Well Spudded in The Gallentine Bros. well, which is locat les from Sage w 1 this week MULE CREEK 1g | moved, itions | hing: |~ Williams, E. T. 1.60 Stanley Green 50 7 Mosher - - 500 700 300 400 30 «100 New York Curb Refg. 1763 & Refg. Com. 8.37 8.62 New York Stock Axchange Open 189 Close Mexican Pet. 19 f 2 68 0 40 Vi 96 WYOMING CRUDE OIL MARKET Elk Basin — Grass Creek - 1.85 FORGING AHEAD Six Wells Drilling, More Rigs up} Ke and Refinery Plans Are Projected Disappointments in the Mule Cr which develop k drilling early ave faded into more hop ful signs during recent weeks as a re- ult of extensive preparations to de velop the field and indications are at several more wells shortly wil! be added to the two o: 1 produc ters of the Ohio comy There are six wells drilling and ur ri oing up with 17 locations e and waiting on equipment ac- cording to reports of the different scouts. The Ohio well No. 2 on sec- tion 39-61 is doing 185 barrels and s to be holding up well Vhis indicates that the wells will do better than the 10-barrel limit as cribed to the field when the first producer was brot in. The oil is an This company has erected on the property a standard 80-foot rig, com- plet equipped, and one of the best to be found anywhere in the Starting No. 2 Well The Lincoln-Idaho Co. is now sembling a rig on their ground in the Dry Piney field near well No. 1 and drilling of No. 2 will be under way this week. Casing has arrived and is now b auled to the ground, also st , Which when set up will receive the output of the No. 1 well, which will be put on the pump. Trouble at Baum Well The troubles at the Baum well in the Dry Piney field, which have ha- rassed the drillers in many ways seem to be at an end. The tools, which were most, have been re- nd when the drill was about to be started for the final spurt, which was to complete the well, the king beam broke and again work suspended until repairs could be . It is expected that the oil ands, which have already been en- . countered, will be penetrated in few days and a good producer is ex- pected. Preparations have already been made for another well, which will be drilled on the ground of the Cretaceous company about one- ourth mile from the last one. x i y good lubricating crude P of this fact an tempt y be made to refine it close to the eld. A local company is now or ganized in } to build and operate a refin nd a new process \‘is said to be u consideration as the builders realize that it would be usel to attempt to build a skim Stocks, Bonds, Real Estate Greater CasperBrokerage Company 101 Wyatt Bldg. Phone 1104 List Your Real Estate Wants With Us for Quick Action a) Room Casper Loan Office jill suve you taney cu your Wardrobe Trunk, Hand- bag, and Suitcases : : : Reliable 133 So. Centor Phone 804-J. i -- 1.85) of Lusk, all of 36 | 16- | as-| {SALE OF STATE STRIKE PROVES OIL POSTPONED «UP ALE DOME Royalty Oil Bids Called for The New Field Enters Producing Class Week not to Be Opened until August 7 (Special to The Tribune.) CHEYENNE, Wyo., July 22.— al that W tion on he propos: oming ust week’s meeting ng the ic sked to file briefs. These briefs will be reviewed at the is then de- cided to grant the request the royalty | s oil will be advertised and sold to the August meeting. If it highest bidder. Such a plan has never been tried out in Wyoming. If it is adopted this time it-will be at the instance of re- finers who are attempting to buck the Standard Oil group. Several of these smaller fellows v to purchase the state’s royalty oil in the Lance Creek and Grass Creek fields. In two sec- tions in those fields the royalty will bring the state something like four million dollars during the next five | years Nireteen oil and gas prospeetor'’s leases have been granted by the board and Commissioner A. Baker since the first of June. The togeth- er with the tracts they secured, are as follows: George W. Danley Si all of 36-2: of Salt Lake John Pfister Gertrude A. Bare of Lusk, S1 R, Warfel of Sun Harry B, Hargrav 2-64; Robert 7 River, all of 3 ompany of Chey 88 ard S% of of Lander, E NW of Cheyenne, z ter J. Bradley of Cheyenr of 36-14-77; D. venne, all of 36. ie of Cheyenne, all of 16 - Bock of Sundance, all of H. S. Eastman of Riverton, » of 8-34-67 and N and NW% Gill nt to turn the oil into gaso- fuel oils because the pal- high cost of the crude would too small a margin of profit for s form to be considered as a profi- able underta ‘4 On section 50 the Lusk Edge- mont Oil company is spudding in with their first well and the Allen Oil company on the oil placer claim n section 18-39-60 is 380 feet and vasing. The Dusen Oil com y have not rted drilling yet The Jalifornia Syndicate is drilling at 300 feet on ection 39-61 and the Midwest well on section 19-39-61 is vn at 1000 feet. On sec- 1-61 the Mule Creek and Agate company are moving in material. Ac- sold to the highest bid- postponed until August of the te land board the matter was brot and the parties opposing and fa- } portance. the Amsden and Tensleep sands ua- derlying the Embar formation will be thoroughly tested. The new well is but about three miles from the pipe line controlled by fhe Alliance Oil & Refining company, bknd as soon as production warrants a pipe line will probably be extend- led from the new field and connected with the Warm Springs field. Ten Wells Contracted with 50-Barrel Well Just | | A contract was entered inte this Uncorked week whereby C. D. Markham will ~ > jrill ten new wells on the holdings of THERMOPOLIS, Wyo., July 22.— | ° ‘ : ae f “Mose; the Wyoming-Premier field on 35- Darke rate gcomposed, of Narn 43-94. ‘The work will be commenced son of President Ripley of the Santa |#S £00n as the rigs can be erected. Gebo-Crosby Progress The Gebo-Crosby Oil company which has been drilling on the John- son homestead 13-42-93 are down 1018 feet, and are making good pro- Fe railw: system; D. F. railroad contractor and F. B. Chap- lin, of Montreal, Canada, «and Los) Angeles, were successful in bringing in a well on what is known as the | 1018 : é Hale dome in section 2-42-98. The|STess They have shut down for . p s time because of lack of mate- well is good for about 50 barrels a/S°"'e ; Bie jrial, but operations have been re- ay, and the oil is of the black grade |T'*> a be AVG | jar to the oil in the Warm Springs |sumer, with the bringing in of the | well on the Hale dome, prospects for field. The oil was encountered in the Em | bar sand, at a depth of 1185 feet. | Previous to entering the oil strata, the drill had gone through the red beds at 1,050 feet, and about seventy-five | feet of limestone formation. The well was drilled on the apex of the structure, and Mr. Barber stated that » Pfister of Lusk, 27-3 | all W. Tooker of| | Lusk, all of -70; Sage Creek} Petroleum company of Lander, all of 2 Thomas H. Blair of Shaw- all of 16-35-66; H. E. Barnes of , all of 36-37 NOTICE There will be a meeting of the Maccabee Ladies Monday evening, July AU members are urged, to attend as there is business of im- By Order of Commander. | GEOLOGICAL WURK Maps end Blue Prints, Surveying Crude Oil Testing a Specialty Wyoming Map und Blue Print Co., P. O. Box 325. Rm. 10, over Lyric Casper, Wyo. Otto H. Krausse | Brokerage Co. HENNING HOTEL We Recommend \ E. T. WILLIAMS AND CONSOLIDATED ROYALTY As « Splesdid lavestwem Market Quotations. Tel. 1155 ———$—$——FESE— SS — —— New York and several ex: Insurance companies. If and talk it over. J. J. GIBLIN All Local Oil Stoc We represent the Equitable Life Insurance company of ks Bought and Sold cellent Fire and Automobile interested call at the office =~ it Special 156 N. Wolcott SII S IDI SS. TAYLOR & CLAY, Inc. STOCKS A Daily telegraphic quotations from New York, Denver, ana other markets over our private wires. Place the convewient fac ute quotations. Information and quotation Local Oils, New York Stocks, Phone 203 Cesper, Dutton, Stale “Caspers Pioneer Brokers” Daily accurate quotations from New York, Denver und Lusk over private telegraph wires. All local oil stocks bought, sold and quoted. List your stocks with us, we will get you the highest possible price. Instant service. Ask for our 4i1 Oil Exchange Bldg. Phone 1133 ~Y Lester Brokerage House Inc. NEW YORK OIL IS PLDI SIDE LS IB SI BIS TSI SSS. ysal to buy, sel lor obtain the best markets and up to the min- Wye. i= izing in = = =] Er = SS Phone 1142 AY x THIS ISA ND BONDS pay only one-eighth royalty. ilities of our office at your dis- ns furnished upon request on Liberty Bonds and ether issues, 212 Oil Exchange Bidg. ———— balance in 30 and 60 days. tion of your own fortune. y & Company proposition fully. J. J. Market Letter Casper, Wyoming on enn. ;made through the shale formation, SFiveston | Most pou Stagls Oil Exchange Building. Phone 1176 : | | Earl C. Boyle 20 Spider Creek Oil Syndicate Organized for immediate drilling on Section 16, Township 33, Range 82, in the Poison Spider Oil Feld, which lies about eighteen miles west of Casper. The New York, Addison and Fargo Oil companies have several oil and gas wells in this field and are carrying on constant de- velopment. Plans are being made to lay a pipe line to Casper in the near future. STATE SCHOOL LEASE, therefore free from all litigation. Also this being a State School Lease we will be required to THE SPIDER CREEK OIL SYNDICATE is capitalized at $100,000 divided inte one thousand Units of $100 par each. It 1s. the purpose of the Trustees to sell only five hundred of said Units, A discount of five per cent will be granted to all purchasers who pay cash for the Units. Those desiring to purchase the Units on installments will be granted the privilege of paying $50 Many men of limited means have become wealthy by acceptin presented, and a small investment by you at this time in this en We recommend and strongly urge the immediate purchase of one We invite a thoro investigation of our project. If you will phone or call at the office we will take pleasure in 312-313 Oil Exchange Building LU TUESDAY, JULY 22, 1919 jter with the sinking of the bit. The a well on the Johneon dome are very | weil js located on the Arthur Larson \bright, and the ofl bearing sands are jomestead on Kirby creek. \but a short distance away. The tw? ———————_____ domes adjoin one another. Drillers Escape Injury | standard rig of the Texas-Wyoming ‘company, which holds the heavy pulleys, the block and tackle for {eet of oneal and even-igbl neh Te oSe, ora most dangerous be. ‘eable, gave way, and the whole) most da eriement came crashing down cause of their insidious attacks. in its way. The driller, Ben Rhine-| that they need attention by smith, and tool-dresser Calvin An- derson were in the rig at the time} GOL D MEDAL cape from being erushed to death. | ’ A new timber was sent out, and drill- ing resumed Sunday morning. The [CAPSULES | ‘d off these dis- 1364 feet, caved for several hundred | disorders, will xk a ee. feet, and this has been cleaned out) esses and strengthe: Lng! a aeversl feet a day ere being furthar attacks. Three sizes, all druggists. The heavy timber on top of the RESCUED placing casing, and several hundred through the rig, crushing everything| Heed the first warning they give of the accident and had a narrow es-| hole, which was down to a depth of The world’s standard remedy for these ta fo ere cs and the indications are becoming bet-* Scenes garage; time, mid- night. Characters, the deal- er and a transient customer limping in with a damaged tire. CUSTOMER — “Give me a Firestone; I know what it will do and I haven’t time to experi- ment on an unknown tire.” DEALER—‘Sure; you want most miles per dollar and I want most friends per mile.” Exit customer, happy and satis- fied, with— TIRES Miles per Dollar Wyoming Distributor — 231-237 North Center Street-—Phone 9 * with the application and the & opportunities when they were terprise may mean the founda- or more of these Units. explaining the merits of our GIBLIN, Financial Agent Phone 1176 Casper, Wyoming