Casper Daily Tribune Newspaper, August 29, 1919, Page 4

on Casper Dail Cribune FRIDAY, AUGUST 29, 191 Furnished by TA Room 212, Oil E. Lecal Stocks ' Amalgamated Rity. 1. American —_ : Atlas ___ Bessemer Boston Wyoming Big Indian _______ Burke Oil ___ Buck Creek — Black Tail — Columbine _- Consolidated Rity._- Gow Gulch - = Elkhorn a TODAY'S MARKETS BY WIRE YLOR & CLAY xchange Bldg. Wy-0-Tex New York Curb Bid Midwest Refining -_ 171 Midwest Common__ 2.00 Midwest Preferred Merritt Glenrock Oil Cosden Okmulgee P. & R.__ Sinclair Gulf - St. Cr. Pr. Assn. West. Sts. O. & L.__ Prod. & Ref., com._ 8.50 Great West. Pet New York Stock Exchange Hutton Lake - | Mexican Petroleum. 181 186% Jupiter - | Texas Oil -__ 2 256 eeney : Sinclair Oil 58% ice . y i Pe] Tea Boe , U.S. Steel __ 103% Lusk Petroleum Units Mountain & Gulf Stanley Greene 60 75 Mosher Oil - Mosher -__-_ 600 Northwest — 200 Club 350 Outwest — Teapot ___ 100 Riverton Ref. 2 Rity & Prod. Corp. Sunset ___- Tom Bell Royalt United Petroleum_ Wind River Refining Williams, E. T.-- y | Westérn Ex. ----- 60 3.70 | Wyo-Kans -------- 1.50 2.00 | WYOMING CRUDE Warm Springs - Salt Creek — - 1.50Grass Creek Big Muddy - 1.50Lusk Pilot Butte - - 1.50 Lander __ --$1.00EIk Basin __ 3%s -. Ist 4s _ 2nd 4s _ 4th 4%s Victory Loan _ OIL MARKET UNITED MAKING DENIES WELL DEAL 10 SELL IS ABANDONED _ General Manager of Company Goes | Drilling Contractor Explains that he East to Interest Wall Street Charles A. Guenther, general man-| ager for the United Producers com-, pany, has returned to Douglas from a visit to the Texas holdings of the company, and jeft for New York yes- terday in company with Jess Yoder of Cheyenne and H. J. Mallen of Denver to complete a deal with a num- ber of Wall Street brokers which will result in the e of the new United Producers well, just recently | completed. { This well is to be sold in connet-| tion with the Lizzie Queen well, both| of which are capable of producing ap-| proximately 8,000 barrels per day.| The owners of the Lizzie Queen have! been offered two and a half million dollars and the United Producers will receive the same amount for its well. The deal also includes a combina- tion of principal Texas prop out of which will be formed 2a 00,- 000 corporation. Negotiations were conducted with Mr. Guenther by tele- graph while he was in Fort Worth, Texas. A number of Wyoming prop- erties, it is understood, will also be included in the deal now under way. PROSPECTS GOOD FOR OlL IN MIDWEST-CAGTUS WELL Word from the Lusk field this) morning wes that the Midwest-Cac- tus well on section 27-36-65 has a better showing for coming im an oil well. For two days the gas flow was so heavy as to lead to the belief that it would be completed as a gas well Now more oil is coming up and the gas pressure is reported to be diminishing. The well is near the center of the south line of section 27, and it was believed by its drillers that the loca- tion was far enough north to miss the ‘gas belt. It is one-half mile north of the 60,000,000 cubic-foot gasser brought in last October by the Buck Creek Oil company and one-fourth of a mile northeast of the Buck Creek No which came in with 45,000,- #00 feet a few weeks ago. The Midwest-Cactus well is 150 feet deeper than Buck Creek No. 27, showing that it is farther down on the structure, and also demonstrating the probability of striking oil in wells now drilling on the north. ee Mr. and Mrs. George E. Richter ed from the Grude upart- © an apartment in the Mc- Rore Had Drilled Depth Con- tract on 19 LUSK, Wyo., Aug. 29.—Contrac- Five Aerial Condensers and St one Towers of the Latest Type Built | in Connection With the Twelve Stills at the Midwest Refining Company. The Stills Cost Abeut $500,000. ee re CREEK Lorimer Ships Fifth Car The Lorimer Mineral company, of which E. D. Lorimer, well known in Casper, is president, this week ship- ped its fifth car of high-grade urani- num ore to the smelters for reduc- tion. This mineral is a composite to radium. The Lorimer company has) FIELD NOTES jhad a number of flattering offers,) ————— TT | ie of which were even for its en-| Cow Gulch company well on sec-|tire output, but, as yet, none have tion 30-36-64, Lance Creek, is re-| been considered. | ported near the pay and is expected a | in at any time. Early this week the Mike Henry Is Progressing | well is said to have had 300 feet of| Reports from field operations to the a in fe casing: and : bk estimated | headquarters of the Mike.Henry Oil that within a depth o' eet, the! company state that work on the Os- oil sand will be penetrated. This well age rae Mule Creek wells is prog-| is about a mile and a half east of ressing rapidly. It was also learned| the pioneer well and will, if brot in, this morning that the well on section| , Prove considerable new territory. | 16-35-64, Lance Creek had reached a ——> depth of over 800 feet. It is being j 4 |drilled by the Big Indian Oil & Gas Production on 28 Increasing | (riled Bi Reports from Lusk indicate that the e. o | Giio wellUontaeceor alien flowing | < | stronger every day and that the pres-' ARMINTO WELL IS | ent production of a 1,000 barrels is BEING WATCHED HERE showing a steady increase each day. e arc welll was completed laste Sate aa Tenlanterenrebe lineman ifesod] day, the bit being drilled 40 feet in| 5 ae eee ee tana \ BADE ach ried on about two miles from Armi to,,by a group of Duluth capitalist: , ag_| The well is down 2,200 feet and the| Cow Gulch well on section 19-36- first Wall Creek sand is expected at 68, Lance Creek, is now in the neigh-|9 400 fect. The Glenrock Oil come horhood of 3600 feet and drilling is| pany and Royalty Producers’ corpor- said to be progressing nicely with the aticn have a school section on this | hole in excellent shape. The drilling structure which is reported to be an firm of Bussey & Primmer has the| excellent one and it is stated that the | contract. The bit is now pounding | Midwest Refining company has taken| in a six and one-fourth hole. an option upon a large acreage in| illing at Depth of 3600 Feet 9 ~HMLF MILLION OOLLAR BATTERY OF GRUDE OILSTLS TF YAS SPENE AF tor Bussey was here Monday, after f having completed his contract on the Lusk-Edgemont Well Down 900 Feet | 19 well. His agreement with the The Lusk-Edgemont well on sec-| Western States company called for a/ tion 32-37-60 is reported to have | depth of 3500 feet. He stated that) reached a depth of 900 feet and he had reached a deoth of 3511 feet 4rilling is progressing satisfactorily. with an eight and one-fourth-inch FEE COO, hole, when he quit work. Also, he Glenrock Hole 3,745 Feet Into Earth} states it wa remarkable boring in The Glenrock Oil company is re- that there were 511 feet of open hole. ported to have drilled to a depth of | When asked about the article in a 3,745 feet and that drilling is still) Denver paper, which stated the well in progre Midwest No. 1 on sec-! had been given up, or words to that tion 2 4 has overcome a delay | effect, Mr. Bussey said: | caused thru casing trouble and has} “The hole has not been abandoned , resumed drilling at 8,725 feet. | in any sense, nor has it ever been aa 5S I | condemned by practical men. I sim- Starting Two Offset Wells ply had a contract to go 3,500 feet. Buck Creek Oil company is start-| As for myself I never expected to! ing two offset wells this week on its | touch the oil sands at that depth, properties on section 35+36-65, to and the expectation now is that it Ohio No. 5. The company has its| will require about 300 feet more be-| tools strung up and hopes to spud in| fore they are reached. I calculate this week. on going back at once and starting SINAN SS down a six and one-fourth-inch pipe. > = TRY A SPECIAL |= = = The article amounts to nothing what- ever. Hf the oil is there they have ‘Charcoal Broiled’ “AA HEAVY GS FLOW 1 STEAK or CHOP | ENCOUNTERED IN NO. 1 MIDWEST WELL ON 27 Henning Well No. 1 on section 27 in the Lance Creek field being drilled 1 During Dinner “DANCING FREE” the Midwest Refining company, has experienced considerable gas. A high | pressure gas valve has been secured and the company expects to drill into! }second sand today. | The Midwest company is putting |Up a rig this week on well No. 1 in the Ferris dome. The same company | | is down 2,830 feet near Bill Springs! with no oil reported. This is about | Six miles from the Ferris dome. The well in this district was started last | spring. IYVOICES > ll 00H ——— COMPUTATIONS TIME SHEDTS Estimates on Job Work Comptometer Operators ‘ Furnished by the CASPER BUSINESS COLLEGE, Inc. Office Smith Tarter "Bldg. Second end Durbin INVSNTORIF? Otto H. Krausse Brokerage Co. HERNING HOTEL We Recommend E. T. WILLIAMS AND CONSOLIDATED ROYALTY As a Splendid Investment Market Quotations. Tel. 1155 the event that oil is found. } Home cooking at the Harvey. : ° NEW BOOM FIELD Huge Gasser near Corpus Christi Diverts Attention to That End of the State (Special to® The 'Pritune.) CORPUS CHRISTI, Tex, Aug. 29.—The giant gas well at White- point, which has leng defied the ef- forts to control it, was brot in today by the Corpus Christi Oil & Gas company. The company now has all of the fittings on the well and is pre- paring to cut the big well, which is estimated to bé> making 40,000,000 cubic feet a day. This field has a world-wide record as being the largest ever discovered anf the capping of this well means that very shortly this part of Texas will have one of the largest supplies of petroleum natural gas available for commercial purposes to be found anywhere in the world, The Corpus Christi Oil & Gas company is now drilling another well not far from this large gasser and the operations are being watched with great interest by many oil men who predict that this will soon prove te be a second Tampico oil field. Great excitement prevails here and it looks as tho a boom is on and that this will be the next big oil strike in Texas. ee ATTENTION TURNS TO TEAPOT SECTION Attention is again attracted to the Teapot area of the Salt Creek field by impending developments in con- nection with field operations. On sec- tion 16-39-78, Mosher well No. 2, is reported below the 2,600-foot point. The No. 1 well on this section came in at 2,743 feet and is reported to} have blown its cap three times before being connected up with the pipe line. The present well is just south of the first and when completed with- in a few days it is‘ expected to prove a better producer than its neighber. On the cornering section 22, Ross & Garrett, drilling the Out West Tea- pot hole, are making fast progress GEOLOGICAL WORK Maps and Blue Prints, Surveying Crude Oil Testing a Specialty Wyoming Map and Blue Print Co., P. O. Bex 325, Rm. 10, over Lyric Casper, Wyo. Every TOWN fo” EveryCar i Blacksmith Shop, Second Your Business Partner It is a good bank’s duty men. In fulfilling this moral obligation, we like to consider our organization as your business partner—interested in your success and eager to forward your plans. Confidential Counsel If you wish sound advice in seeking credit, making in- vestments, or even the more personal problems of your business you will be welcomed here. talk with our officers helpful. | This service is We want to show you that this through placing it here. CLS ts Store 132 South Center, solution of their problems—whether they be the prob- lems of a merchant or a farmer. in addition to those banks and is a mark of our appreciation for your account. we want to show you the many practical benefits you receive The Casper National Bank COSI IDIDOI III ISS IMLS, BEST BOWL OF CHILIINTOWN = 20c AT THE CHILI KING LUNCH Grand Central Block. All kinds of Sandwiches at & popular prices. Quick service, highest quality. bY DIS IPPLIPGPLA LAL L LO! OOO Phone 64W and David. Phone 3683 to assist its clients in the Both are business You will find a commonly attributed to bank wants your business. And and on Monday are reported at 1,- 800 feet. This is the greatest depth’ yet attained on this Out West trect,) three holes having gone crooked for| the former contractor. AUTO PRESENTED | TO SALVATION ARMY | CHEYENNE, Wyo., Aug. 29.—| Captain A. M. Holbrook of the local Stocks, Bonds, Real Estate Greater CasperBrokerage Company station of the Salvation Army here-- | Room 101 =< Wyatt Bldg. after will collect old rene and | Phone 1104 other donations for use in the Army’s charitable work in an automobile pre- List Your Real Estate Wants sented to the Cheyenne ‘station by M. P. Thompson, head of the Thomp- | son Motor company. ." With Us for Quick Action What Is Style? We can’t really define style, but this we KNOW —It’s built into each pair of Ralston shoes for men. STYLE—You'll feel instinctively that you've found it—style which satisfies— the instant your eye rests on our new RALSTONS ARUP ODGUODRSDUSGODIDEOLOLSEDUaNDEANND 164 SOUTH CENTER The Home of Society Brand Clothes Attention Stockmen We have under contract several thousand tons of the best hay in the country, and can sup- ply you in car lots at the very lowest prices. We can also supply you with all kinds of grain in car lots. BEFORE PURCHASING, SEE US SEE We Buy Hides, Pelts, Furr 1nd Wool —_——— The Casper Storage Co. Phone 63 or 97 Casper, Wyo. TAYLOR & CLAY, Inc. STOCKS AND BONDS Daily telegraphic quotations from New Y k, D other markets over our private wires. ate Place the convenient facilities of our office at i t your dis- posal tay bay peal lor obtain the best markets and up to the min- Information and quotations furnished upon est Local Oils, New York Stocks, Liberty Bonds and other imuce Phone 203 Casper, Wyo. 212 Oi) Exchange Bldg. SIDIOMPOTI@ TIT SIGS S Ash, Lester Brokerage House Inc. Specializing in NEW YORK OIL 156 N. Wolcott SIOOOOG SS Tis, x. Phone 1142 WITT II IIIS S. ; ; Dutton, Staley & Company “Casper’s Pioneer Brokers” Daily accurate quotations fro: and Lusk over private telegraph emer ae eae All local oil stocks bought, sold and quoted. Instant service. List your stocks with us, we will get you the Bimiest Possiple- price. : or our Market Letter 411 Oil Exchange Bldg. Phone 1133 Cc asper, Wyoming ee ‘data