Casper Daily Tribune Newspaper, October 31, 1919, Page 4

r ( er ee s2db> “¢ terse rerthnos (erwr varcesereers , compan) PAGE FOUR AX DRILLS WN HOLBROOK FELD Zuni and Allen | Oil-C Companies to} Today’s “Markets by Wire : Furnished Daily by Taylor. & Clay, Ground Floor Oil Exchange , Casper, W; Local Oil Stocks - 80. 2.00 Start New Tests in Arizona a An Bane es Yorke Curb Blocks 2 Structure Amaigamated Royalty —_- $1.25 $1.50 oro ee. eocsecste American — - .02 4.08 Open Close Uipecial to ‘The Tribune.) Atlas __- = 105 06. _ Midwest Refining ~-----$170.00 $171.00 HOLBROOK, Ariz. Oct. 31.—An-| Boston Wyoming ey .76 "Midwest Common 4. -\ 1,75 2.26 nouncement was made today that the rie OM rage ge aitowenh Eraterred ee | 2.00 B88 Bae a ae uirke sf - 87 38 Merritt —- - - 24,09 25.00 taal vals ieee AY Buck Creek - 110 112 Glenrock Oi - 384 4.12 ment of the Holbrook field, would “spud | oack Tat mah ma Kcen SS as = Re. 5 ae Heh on sNovertie It was alse an- | Congollanted Royalty ~ 402 1.04 ' sine! Pirate 59.00 61.00 unced, following a visit to the field|Gow Guich _- > Wer gg ee Creek toa > 53:2 54: tty C. P. Ritter, president of the -Al-ligharn ~~ Mie? OT ak ae rae Sammie eli ie P il company, that the Allen com-| Gro, oe 7 = pany would enter the ficld” and aril |fret, veacrn Petroleum.-- , th 14 Prod, & Ref. Com 8:00. 9.12 one deep test well. This company, how: | juin “aK see 03" New York Stock Exchange Stocks ever, will not commence operations un-| 20D Ker — ue rH Maxican Bateoleint $251.00 $268.50 til preliminary business has been com- \e = BS , nleted Lance Creek Royalty x (3g | Demes O80 <6- = 54000 Ges » , A Think “Hosvatts, Sinclair Oil 60.50 60.75 It is not known, however, whether |usk Royalty .. - 31 Tr, 8. Steel 108.36 109.82 the Allen compa contemplate drill-|lusk Petroleum = Pz a Bere <a = : 5 ing south of the Santa Fe tracks where |Mountain and Gulf = 73 the drills of the Hopi, Adumana and|Mosher Oil is .35 Stanley Greene --$ 45 $ .50 Holbrook Oil companies are now going | Northwest - = 55 5.00 6.00 down, or whether it will attempt to test |Outwest — < 04 | 8.00 8.50 out the territory northeast of Hol-|Picardy ___ i 10) 90 1.00 roa where tue Zuni company will] Riverton Refining Te. 16 spud in on Sunday. Royalty. and Prod. Corp... .29 .31 7 The Hopi Oil company is now drill-|gunset —___ LER ure e sy nh ing at 2,500 feet in a dark brown shale./om Bell Royally Die: eae aoe se yielding in large quantities under |Gitg Sage Last ee test. The cquipment is in excellent, Wing 4 iat ris Bi rey condition and no further delay to drill tions is anticipated. and The Adam Oil and com: pany’s is a depth o! 00 fect in blue ale in which excellent oil The drill 1y is deep- passed out uupai in the formation. This 1600 to 1 showings bi of the Holbrook Oil comp er than 600 feet ¢ of the thick co lower Pennsylvania formation should run some The Black Canyon Oil com 4s reached an oil bearing s mpany has no overlying fe above the Jower Pennsylva oil ntities in the rich 700 fe tion tests show ofl in est part of the formation. The Apache’ Oil company having moved its drill will shortly resume op- erations. FRAUD CLAIMED. BY WIND RIVER, Producers & Refiners and Western Exploration Defendants in Suits. .—Char s of d involving property worth in the neighborhood of $1,400,000 made in a suit filed in the district court by Wind Ri or expaucings nd company. the Produ and the V who ure value of Vv rn Exploration yned by the Hudson in which the. Misled by these repr asserted, the Wind River com) chased the Hudson Oil comy h, 0,000 in Paying $100,000 in. cash, ” ecnference committee which is made up | SS Sci $500,000 | of three or five senators and, a. like Thot Certain The representations made by the com- x of house members. The eon- | —— panies selling the stock, it-is alleged. | committee is supposed to report} The Bessemer Oil company in this were that the Hudson wells were pro-j## hill composing the differences of the ; week preparing tod drili in a new Well ducing 300 barrels a day and that the | house and senate resulting from amend-/on section 13-39-79 of the Salt Creck product was selling at $5,000 a month {ments made by the house public lands | field on which» the Ohio company, profit | cemmittee. | cently completed a flowing well. | C. Aw u matter of fact, it is contended} “Between the senate and house bills ttlefield left for the field” this’ mor: by the Wind River company, the w 1 very excellent bill can be made up,” to direct Arrangements for taking have not produced more than 175 ys Mr. Curtis, who is attention tel re of the oil since production is CORe rels # duy and the profits ure less t that “the personnel of the con: vertain, The Ohio. company’s 1 | haif a mile distant, 34.000 month nee is splendid and this committee | well was drilling ‘at Negotiations to cancel the contract |will convene soon and report.” He a anole de a hene ane ken by the Wind Liver com-|jj;ewise discounts the chances of nev re buarntione inka proved unsuccessful, according | matter being injected into the bill, BN ae ae ee to the complaint. The ot is baked ys rich would subject it to being sent | a Tiseatiemn ene ny nil? fousct it’ a and order the return hack to committee on # point of order 3 nd one-half percent | Grane. Wella to, the. wolet N rel awe Pay linterest in the well, stock und notes ‘to, tt A re:| i stm ~ A. straining order 8 ' «A | Mr. &, A. Reed, plant superintendent the 1 Aor p jot the. Midwest Refining company, left stock pending of the suit Tom Hotterill, lent of the Wine River oducing. and Re! ‘ pany, ed the compl u Kiktler. dent of the Producers 1c is out on, His ‘counsel sta be sted, partly on thc no false represe ieations had been mac MARKET GOSSIP Red Rover Pulls Ca: Casing to sun = New Well; Liberty Spuds in North of Greybull First Well Is Failure. The Red Rover Oil company is pull- ing the casing from its well half a mile which it re- south of Greybull, Wyo. cently shot without suc’ start a new test on a south of the Greybull river anc 800 feet from the dry hote. nd wil Making Progress. he un OW company is mak- knit neckeand wrists. » This ing progress with its well recently : staried hulf a mile south of the retin vest is guaranteed by us and ery at Greybull, Wyo. by .its maker to ‘give ‘com- Crystal Creek Promi erty Oil and Gus any 0! Mont., has spudded in or north of B; a tract tu which the C bul, Creck Oil company conte: on was defeated In court is said to have three yped within a half mile drilling site. Asphalt Beds Discovered. The ‘Trapper Asphalt and Oil com- pany hi 1 operations until 5 miles yon. geologists have | favorably on the property. | arnett ul ng 0, Asphalt deposits held to be val able ttt aur sologist pri > opened belo while the sti of misrepresenting the * [conservative of town. | that the suit would ground that | title and The Cosden Oil produc of the { Williams, EB Western. Exploration WYOMING CRUDE OIL MARKET ~ 1.49 - 3.80 51) 4th 4% - 3.85| Victory Loan -. Warm Springs --$1.00 JElk Basin —_. 85 t Creek - 1.50 |Grass Creek — 85 Big Muddy 1,50] Lusk 2. 80 Pilot Butte ~ - 1.50 }Landers = 125 OVERWHELMING MAJORITY GIVE LEASING MEASURE 1S PROMISING Danger of Presidential Veto | Veto Discounted by Vote of Over Four to One in House; Conference to Re- port Good Bill, Local Oil Man Thinks Barring the inclusion of new matter in the oil Jand leasing bill, which would necessitate its being sent back to committee | again, the measure is in fair way toward speedy enactment, ac- | cording to Frank G. Curtis, who wires The Tribune from Wash- ington that ‘“‘we shall soon have a good leasing law.” Perhaps the most encouraging sign from the standpoint of pessimists who have considered the danger of a presidential veto is the fact that the house yesterday passed the }leasing bill by a vote of 169 to 39, a io of four and one-third to one. Such | 1 vote would be sufficient, to, override | any veto of the measure and at the |seme time presenin propf of the fact | that congress is at last taking cogniz- ance of the importance of the oil indus- try and measures to insure steady and development. house the leasing bill now goes to a Section 13; Production i }tast evening, for Laraiiie where he will at £0 IN FQ) AUGTIO jre nain several days looking over the i ey refinery plant which is being built lin that city. Mr. Reed says the con- : "k is progressing as well, as lvilied in No. 1 well of the Poison Spid-|8truction wor tieate inthe Bolton pig; {could be hoped for and that the plant jwill be in operation about the middle of the coming summer. ‘ 1} A favorable report of the hole being It had been ai tat ace umulated ut iste bottom off GEOLOGISTS OIL EXPERTS ae Oil Field Maps Blue Prints jit i‘ Explorations Reports : Wyoming Map & Blue Print Co. P. O. Box 325. Rm. 10, Lyric | company expects to reach on| a 1,000-foot depth which means | sand may be reached within | next ten days, it is estimated. There lon hand to “Barnetts of Course” ‘The VEST hat’s worth a guarantee ee of leather lined cor- duroy, leather sleeves, with plete satisfaction. i 1 It gives warmth without weight, freedom and ease of movement. Why not come in and-see for yourself? It sells for $11.50 121 East E povong Street DRILL WW WELL As a result of its passage by the | Casing Set for Completing Hole on | Wells in ‘Seven Fd Fields ws.com pleted withir Few Weel Report Shows Bad weather ‘has interfered with norma! progress of drilling operations, according to the weekly report of the New York Oil company made by the 5 5 oF Isl Lester Brokerage house. November hy ‘is expected to see important develop-| ments inthe holdings of- this il pany. The New York company in Salt sual on section 7, will ‘start drilling again} about the first of the month. The fwater flow encountered in, the first sand in’ this well has been cemented off and the start for second Wall Creek will start soon. The well in Oil Mountain is down 1850 feet and reported to be about 100 feet from sand. The Spindle Top well is about the same distance from the sand. No. :1M@well in the Ferris Dome field is reported down 2600 feet with pros- pect of encountering the sand soon. { New rigs are said to be building in| jboth the South Casper and Poison Spi-} der fields where wells No. 3 and No, 6 respectively will be drilled. No. 2 well fm South Casper creek is under-ream- Ing at 1200 feet. FLOWING 150 BARRELS! The well brought. tn, by the Ohio | company on section 15-39-79 in the Salt | Creek field several weeks ago is report: | fed to be flowing now about 150 barrels | daily. The well has been connected with the pipe line and the test” made. | This along with the vrispect. of others OnlO WELL ON 19 NOW TTT Hui J. IGiblin hag puirchased:a half. in _|terest inthe Henning Brokerage pany and. hereafter wil be % with Jack Howlett in» that business. This company has leased wire -service }’ and connections whith a Adi won a large Splloncha: swithy Jeay with local ~ OVER FOWSER IN TWENTY > seven CIES rors Mex Oct. 31.— Jehnson of Pueblo ‘won a ga he over Frankie Fowser of El Paso in.a 20-round | bout here last returned fi Jackson Hole c: | Store, Saturday, coming in soon in thé Salt Creek field in’ this region. is said to have increased the interest | mabe NOTICE The North Burlington Aid society will vhold a bake sale at Brown's Grocery 1, Noy. M. A. Miller of the Sinclair: Oil com- pany, accompanied by a party of friends a hunting trip to the ountry. } |. i ; Of Exchange Bldg. Fb CHEYENNE Breer i in style, grace “he mascu- line in their Blac ‘RALSTONS will strengthen your conviction that to the ~ man. who cates for appearance there’s no asset more valuable than a really good We offer a limited amount of this stock, at $1.25 a share. 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