Casper Daily Tribune Newspaper, January 28, 1920, Page 4

i F OIL. FIELDS Amalgamated Royalty — Atlas —- & ot to Be Rebuilt in Salt peree er! ¢ k; Western Plains Mak- | Roston. Wyoming 1a¢ ing Progress in Rock Big ‘Indian a Spi b; Fi Burke Oil ‘ 3) rings Field Buek Creek 1,85. 1.90 Niger agin - | Black Tait . 26.29 Jack Merrell, who has’a drilling con-| Golumnine 49 62 tracf for the Alien Oil company, is Consolidat> 14. 144 Joading trucks out of Casper for thOloow Guith 36 Ae Salt Creek field to replace the: rig /phorn _. 30 33 burned down on section 3 last week. Basin 8.62 8.87 Wanders comprise most of the loads tol Great Western Petroleum . 15 ~18 rebuild the rig which caught fire while water lines were being thrown out. The rig was nearly completely destroyed. Western Plains Drilling: Walter M. Newton, field superinten- dent of the Western Plains Creek field where he reports that the ‘work for the YYestern Plains company is progressing fevorably. Three New Wells. Three wells have been completed in the Thornton-Upton field by the Wyo- ming High Gravity Off company, it has been reported here. “The wells are not on the pump yet but: they are unofi cially reported to be abolit 25 wells. ‘The sand was fourid at winter. Thé company has about 3,000 ‘acres where the of land in Weston. county Thornton-Upton fitid is located. Rock River Well 2,600 Feet. j | Producerd and Refiners corporation THREE POINTS (i CIFFERENGE IN tion 36 in the Rock River district in ou hy, i ‘Wroming is drilling at 2,600 feet, with the drill! having passed thri forty feet of hard brown sand. This should be an indications The same interésts in No. 1 Chesney, in section 18, Rock River district, has spudded in and Gates Oil company’s No. 1 in sec early’ completion, with favorable for a good well. and is’ now drilling at 145 feet. Colorado Test Progressing. Devélopments at the test well of the ‘Thrift Oil company, near Wampum’ in the Fountain valicy, south of Colorado Springs, is creating much excitement in that neighborhood. The well now has attained a depth of 1,900 feet, and traces of oi! now are brot up by the bailer, according to reports in Colorado|a fecent review of the measure. Springs today. This well struck two gas flows on ‘its way down, the last one’ at 1,450 feet. The test was started last fall arid rapid progress Was been made up to date. Several other rigs are up in: the Fountain field and in exeess of 50,000 acres now are under lease. Texas Well on Top Sand. Preducers and Refiners corporation is on top of sand at about 1,500 feet in No. 3 Burnett in section 4, about two miles seitheast the Honier in North ‘CVouisiana.’ sets. from $1,000 to $2,000 an acre. test is located, and several acres in the same locality. the Homer field]. New Well in Geggs Field. cy Drilling company, has returned from the Rock ‘barrel 700 feet but work has been suspended for the pool ‘The hole has been eased with eight-inch and cemented. It ‘will be drilled in as soon as the cement This test has started a stampede! one lease and this amount was agreed for acreage in that locality, leases on close in land changins hands recently Pro- ducers and Refiners owns outright the lease on the ecizhty acres on which the hundred Its pelieved | that this territory forms another struc-| tyre similar to Homer, and about the same size in area.” The Producers and} Refiners’ test is on the northwest cor- ner of the structure, the part nearest Hutton Lake 0246 ue Refining — : Today’s Markets by Wire: |oa Famished Daily by Taylor & Clay, Ground Floor Oil Exchange - Building, Casper, Wyo, Wy-O-Tex Keo-Hurst Midwest Common Midwest Preferred iMerritt _-_1> Glenrock Oil Cosden -_--__ Okmulgee P. & 9.50 Salt Crete, Prod. Assh.-. 40.00 “50.00 Weaterh: States.0. & L_. 1.00 Prod. .& Ref., Com_ 10,12 | Mexican Petroleum Texas Oil = 203.00 208: Sinclair On - 43.62. 48) = 107.00 206.60 2 per cent —-=155% Kinney -50 Jupiter “2 0% Lance Creek Royalty - 3a Lusk Royalty — 33 - | Lie Purroleum 30 Mountain & Guit _ 1.13 Mosher Oil —_ 30 Northwest 35 Outwest _ 06 Frantz Corp. 3.25 Picardy ---... - 208 Riverton Refining 13 Royalty & Prod. Corp. 36 7 18 Sand Hills — 0 2.50 Tom Bell Royalty 8% is *) Gates 2-22 2.03 WYOMING CRUD eS Salt Creek Big Muddy - Pilot Butte . awaiting the-outcome of the oil hands of the senate-and house doubt is expressed that the bill that it will pass if-so reported by the conferees. It has been long delayed that not.a few people are Persimistic of the final results.. But the ‘Derrick’s correspondent at Wash- ington says it is freely predicted in offi- cial‘circles that a complete agreement may ‘be expected within a week or ten days, Which gives a hope that the end} of waiting’ is near an end. | Work on the conference has advanced | so. avant, Lhretanoints «off ats-| agivement. ni maing The firgt re lates to section” 18 of \the bill, which contains a limitation of 3,200 acres m to by senate and house. ‘The difficulty was introduced when. the house put in # provision “that no; lease or leases un-, der this section shall be granted or! ‘inure’ “to any person, association or | corporation for a greater aggregate | area or acreage thaw the maximum ini thid section provided for." E OI MARKET FRAMING TEXT OF OIL LEASE BILL; Lonz Delay Causes Pessimistic Attitude on Part of Oil}: Men, but Derrick’s Correspondent Believes Agree- ment Will Be Reached at Washington Oil men of the west, and not a few of the east, are anxiously} $3 leasing bill which is still in the} ;duced to three, the situation is more ‘favorable for an agreement in the near |} ; future, At the samd t jonas ays” _ {ted 4%4"s [ith 44's Vietory Loan — $2.60 | Grass Créek .. 3) 65 26! conferees, says the Derrick;\ in Among some of the oil men will be reported favorably, or so the difficulty of adjusting the difér-} enceay ' Another @isputed point is the maxi mum royatty, the house having put if 4 limitation of not less than 12% per ‘ent and the maximum of 25 per ceitt. The senate conferedés insist that pro-| ducers will be deterred in entering any Held: where their, Mick if sirilcing, & gusher will be n such event, by the use provision, the secretary of the ‘ntérior could require them to pay any reyalty even up to 75 or 80 per cent or even higher. This disputed point is regurded as less trou- blesome because sonte maxinum iS re- garded: as’ necessary and. senate corr | i Hlifled . because, int which the. oll is to is. contained ership whenever the cot ¥ hé alien is a citizen permits like own pershiy by Americans in their olf com- ies, and in the other. case by strik- more than one company, This senate |: vision @ld not originate in committee ‘but was put in on the floor of the sen- }ate and allowed to go thru to avoid de- bate and never had any important sup- port. As 'the' differences between the two driiling was commenced last houses are of a minor nature and re- been att hi there is cause for anxiety on the part/of oi! men, |; — | NEW OIL DOGK AT TEXAS. CITY TO AID SHIPINGS| sae GALVESTON, Tex.{By mait.}—Since | ‘Ue aerived: at completion of a new oil dock at Texas | Weeks @#er prepared 't City a regular line of vessels’ is to be| cot = routed to that port to carry crude ofl |. Mr. O'Beten to north Atlantic and foreign ports, it| future of the fleld i is announced. Three or four vessels |e recently: 1 Brobably will comprige the fleet... _| interest ini teams The new dock is 600 feet long and |Ir#in in'son has a for loading. vessels of The off f#' transported * thru ines the off \ ad AK encour.tered in the hole: past {dw ‘weeks: it tas | carrying with it that great interest Charles Hill has beerf in land Ws F, PREEN- to 4.400 4 TAYLOR & ‘AND BONDS _ aaa peste rea ene , é convenient facilities of"our pice ‘at'your disposal to buy, sell'or obtain the best m and up- to-the-minute quotations. Information. and: quo at ferees prefer to have it fixed by legis- lation instead of by executive discre-} tion, aS the latter plan would destroy | conferees insist that the wor if construed literally and c the secretary Of the interior, 200-acres of land would have to hu its own refinery because a refinery could) {pot tike oil from: two leases: of 3,200} lacves each if profits from the two lenses!) The Gates company No. 8 well on ‘the | “Mure” 10 their benefit. Nor are they Diced Mointooh jense, 15 felt Gn, Sehate conferees inclined to give in on] ieleibe. carne in hinent conding to|tb8t point altho the house conferces a telegram ri iver office -Aeelin® to budge on their own insistence. this daoentag, The only hope seems to be in a com-| peed el gvinn Phan 4 vece ah i promise on some other language which | neighborhood of 1,000 '» 8 well is on the north line of the and {ts completion has been -d threa weeks on account of weather ditions. The McIntosh lease is owr jointly by Gates OH company and Pro- ducers and Refiners corporation the sight wells on the lease ne producing a total of close to rels. Well No. 9 is drilling at 2,590 5 feet and No, 10 at 1,500 feet. O Lance Creek Royalties, The Lunce Creek Royalties company.| F HELPS GIVE | on the strength ef hopes for successful completion of its first rh now dril ing on section 10-20-78, Rock field, is making preparations for th erection of no less than 15 derricks as pert of an intensive drilling campaig to Be waged this year, A big cam with commis also Will be established, pany has one producer @ half mil ef section 10 and has another w pumping Within 4 mile to the west. In the Holbrook Field. A. C. Hoffmen, director off ti Aquangna OU and Lend eompasiy, and i. BE. Lemon, interested “in the Wyo- ming fields, une looking over the pps- sibilities of the Holbrook (Arig.) field where Several wildeat operations are mow, under way. 3 i — Be San Diego, Calif, property for val Theeity with w# wonderfil future, For information, write W. Stocton, Palomar Apartments, San) Diego, California. 12-30-30t Sree a aeeene en coe Jotin Greenlaw, an old pioneer of th: county spent yesterday in’ the from ‘his ragéy near here. Henning Phone 795. River sary, Bunk wid cook houses The Ohio com- city} Will Buy Any 25,000 New York Oil Will Pay $80 Per Share fram One Share Up up to this time 8 be t app but shows NUXATED no one } form to n Vy le VIM ' PUNCH i ENERGY n| p ne | is} stat J ‘Pert of Hotel Lobby ‘Residence Phone 413.W ‘ i ns~ furnished, upon re- quest on Local Oils,:New Work Stocks, Liberty Bonds and other issues. i ais Private Wires to Casper, Lusk, Chien, Rewlins, Denver « $ & Hib ¢ Z % 1M + 1% DM state ease eye etoey Casper will not be meration ends Sat Name «*.. Address Head of family? Citizen Can‘ you read... Age last birthday. Father's nationality Names and ages of sam Namie, kind of plant or Home owner, or renter? ..... Can you speak Waglish?. Particular trade or profesgion........ Number in tgmily who will bé abgent fram ¢ mployer, sulary or wage worker or working on own account? ’ ee id: eeerryrrrrrrryrr ry eeeecence A census is now being taken. Unless people who are over- looked by the enumerators file a report of their residence credited with actual population. Enu- urday, January 31. Some city districts already have been completed. When you.know. you: have |" i been overlooked fill in the form’ below and send it to H.O. | nena ea in! Wharton, Census Supervisor, O-S Building, Caspe dane : iy Sean ae seeneedesngenemeysts +t ti store where. business is carvied Of HA Cee dd dd ddd de bididdidede SOE TRIS MASE Ha + A. Howlett (Private Wire) J. 3. Giblin All Local Oil Stocks Bought and Sold vr; ‘New York Curb Stocks Cartied on Margin © ... Flat 6 Per Cent Interest Rate a Information on All Stocks Cheerfully Given Henning Hotel Lobby Phone 1040-W- ELECTRICIANS [IES EAE Seana: adhice, Beat ata nes ON ETHIC CO. a tee 10980 Motor Rapaling. drmethn ‘Wina- ing, Blectrical Wiring nit Con- tratting. z z ‘ : s 0. L. ae The, Wemines Own 1 iLife, 1p You: mey at Home. { LAWYERS b Ww. Babe i Aitotars -at- Et 24 ite 216 Oll- Bx Casper, Wen Panne mae 4 BAGENS, STANLEY & MURAND £ onl Casper, Wy: “sae PLUMBING AND HEATING bi f J. DONOHUE ie Nee im laity: sobbing er eB! sa Oty Se oF pees ar Pate ‘tao w. in| Pprompt- Fey ‘ are 4 Bue) 4 van! ula wen) armas: