Casper Daily Tribune Newspaper, May 20, 1922, Page 9

SATURDAY, MAY 20, 1922. ¥ perez tg ila [rutile Fras ai He $800 for an eighty-acre lease near , and sold it in a few months at a profit of $75,000. Again, in the Glerm pool in 1907, id his associates cleaned up $850,000 on a $200 investment. There is something uncanny about Bill Roeser. He seems to have a nose for oil, and now that he has entered Fast Texas, the press and public may well anticipate a repetition of his spectacular Het yet tee lly great and ter pools sate Tea akacs tae Stat tieeatians teats Chast gee Che Casper Daily Cribune ‘The 4 wet, the «coro for my next tefumph in. the.oll iness has beén selected. Although 1 have made mittens of dyltess for ryeel? aed m associates during years e oil business, I cannot res! and efter a yeas oni a baif'e ose study and observation of the Bast ‘Texas ofl fields I have selevted the Montalba Salt Dome in Anderson County, Texaa, as the site where I will strike for $50,000,000. A few of my its in the oll fields are reprinted on this page, and since there is no to judge thé fu- ture except by the past, I think you will grant that I have every right to expect Rocser Petroleum to be a Fifty Million Dollar venture, I think you will grant that I have demonstrated that I knew wo pees ; that I understand how to handle the of acreage. Roeser Petroleum is to be my vehicle to a success and a fame greater and more spectacular than any of the previous enter prises of my career. It is perhaps my last oil company, and I am not going to confine the beneficiaries of this project to a small circle of friends, but rather I will rally arowid me a big family of stockholders from every walk of life. iM ‘That Montalba is a true salt dome is my belief, and in this opinion I will yield to no man, because I am satisfied in my own mind that beneath Montalba Dome lies a reservoir of oil greater than any heretofore penetrated in the State of Texas. My first well for Roeser Petroleum, on 7,000 acres on Mon- talba Dome, will be drilling soon—the derrick is completed, and before many days a giant rotary rig will be spinning the bit pay- ward beneath Montalba. Even before I had erected the derrick on Montalba, the Cos- den Oi] & Gas Company paid me as Trustee, $4,934.25 for less than 66 acres on Montalba Dome, so our remaining 7,000 acres must be actually worth $525,000 before a wheel turns. . Once I start drilling on Montalba, the value of our 7,000 acres will increase by leaps and bounds. Practically all the big companies want acreage in the blocks where I am drilling, and I believe in my heart that from the sale of atreage alone, I can yield handsome returns to those who lock hands with me in this enterprise. Iam stalking big game this time—no puny success will satisfy me. I am out to win Fifty Million Dollars for my associates and myself in this venture, and in addressing this message to the investors of America I must impress upon you the necessity of quick decision. To insure the greatest possible returns to my associates in Roeser Petroleum I have capitalized the Trust for but $500,000; share in. erations of Roeser Petroleum. Archer, Breckenridge, Ranger, Desdemona snd Brownwood—all lying practically in a straight line. east, one great ficld—Mexia—haz already been discovered, ag emarenle, te apes that other will opened aleng Doma, which I have dlscoversd for Roeser Petroleum Mexia sian, BILL ROESER—DEAN OF OIL MEN — SENSATIONAL CASH PROFITS PAYER OF SEVEN GREAT OIL FIELDS—“‘PAY OUT” WIZARD OF OK- LAHOMA, WILL DRIVE HIS DRILL IN EAST TEXAS SALT DOME — 50 MILLION DOLLARS IN THE MA KING. Those who join me early will participate in all present and future op- Only 250,000 shares of Roeser Pe- troleum are offered at $100 par and I must reserve the right to withdraw any remaining unsold shares at any time without notice. Below is a picture of one of the many wells drilled by myself and as- sociates, and earthen reservoir contain- ing 200,000 barrels of high-grade crude oil produced by me in Glenn Pool in Oklahoma in 1908. in other words, the total capftalization of Roeser Petroleum fs less than the market value of the bare acres, computed on the price basis established by the Cosde-. Oil & Gas Company. I will drill swiftly on Montalba, and I dare sixty days I will have completed our first well there, and I be- lieve that within ninety days the shareholders of Roeser Petro- leum will be recognized as one of the wealthiest groups of indi- viduals in the Nation. If possible, I would like to confine my stockholders in Roeser Petroleum to people who have lost m in oil. Those fortunate folks who‘were associated with me in O! oma have practicall: all the money they need, and I am not ambitious to make ri men richer, ; So great is my confidence in Montalba, so certain am I of making a tremendous winning here, that I would like to gather about me & big group of little investors to whom a big winning would mean all the srood things of life. So, I say, that those who expect to join me must act prompt- ly, because already I am besieged by rich men who would enlist with me in Roeser Petroleum, but who by the very nature of things would expect to dominate the little fellows. i I will have none of this. I want at least one unit holder in every township in America, so when the field is won and I have realized by ambition, and Roeser Petroleum’s properties are mar- ketable at Fifty Million Dollars, those who win with me will be legion. The way is clear to me now—I have satisfied myself that Montalba is a true Salt Dome—I am convinced in my own mind that once the drill of our wel] No. 1 penetrates the Woodbine sand, our well will roar into production like an echo of the Lucas well that blew itself in va Spindletop Salt Dome and yielded 70,- 000 barrelsaday. , I know that with a capitalization of but $500,000 it is hardly possible for any man or woman to lose a single cent by investing with me in Roeser Petroleum. I must repeat my prophesy, that within ninety days the peo- ple who enlist with me in Roeser Petroleum will be more per- plexed about their income tax than they are about providing funds to educate.their families—that they will be rich. Whether or not you will be one of these people is a matter for you to decide, but your decision must be made this very min- ute, for he who hesitates will surely lose his opportunity to share in the Fifty Million Dollars I am driving for. Very truly yours, CI. F1. Roe, Roeser Petreleum Sells a $42.00 Lease for $4934.25 The first deal I made for Roeser Petroleum yielded a profit. Over on the left-hand margin of this page is a fac-simile of the Cosden Oil & Gas Company check for $4,934.25 paid me as Trustee for less than 66 acres on Montalba Dome. The cash received from Cosden Oil & Gas Company more than paid my entire outlay of cash in securing over 7,000 acres on Montalba Dome. I plan to drill many wells for Roeser Petroleum, all of which you will Petrol at par, $1.00 each. It is further und: Name. eum, 1503-4-5 W. T. Waggoner Bldg, Fort Worth, Texas, for which send me promptly. The. Truth About Salt Domes Oil fs fickle, elusive, migratory, even ingitive. Unlike any other mineral, oil seems to violate every law of na- ture—beneath the earth’s surface it migrates uphill instead of down —its vehicles of travel are diverse. It lurks in porous limestone—it’s there today and gone tomorrow. It seeps through crystal sands in the bowels of the earth and forms eddies, against great subterranean barriers like the Balcones Fault. The greatest natural reservoirs of crude oil in the world are al the Coastal plains of the Uni States and Mexico, from the mouth of the Mississippi to the peninsula of Yucatan. The world’s most famous gush- ers have been drilled in this area, for here oil gathers in veritable oceans beneath the so-called salt domes, which, when pierced by the drill, belch petroleum in staggering quantities. Upon one of these salt dones the re- nowned Lacas was drilled. It burst in- to production, yielding 70,000 barrels of oi) a day, and opened up to mankind the greatest gusher ficld America has ever known—Spindletop. Mind you now—Spindletop was a salt dome. _ About two years ago the West Colum- bia Pool was pierced beneath a salt dome —its production startled the world, and even today it is one of the most consist- ently productive fields in Texas, West Columbia is a salt dome—bear this in mind. It seems but yesterday that the Orange field was opened up—its mighty gushers were like an echo of the Lacas. Millions, of dollars of new wealth is be- ing created right now from the salt dome wells of the Orange Pool. Orange is 2 salt dome—it is the third sensational high light in the lurid his- tory of American oil development. Montalba — evidently another malt dome—is, in my opinion, destined to be the next meteor to flash across the oil firmament and light the way for another group of million makers. Midway between the Mexia Field on the southwest and the Caddo Pool on the noesaiea acer pec ce Stee) Sree yee DP. 7,000 acres astride this dome belongs Petro! Capitalization $500,000.00 APPLICATION BLANK FOR IMMEDIATE USE. W._H. ROESER, Sole Trastee, Roeser C. T. 5-20-22 bf Date 2 See eS es. Dear Sir:—I herewith enclose my remittance for $. shares in Roeser Petroleum lerstood there are no preferred shares and all are fully paid and non-assessable and that I share in all the property and every well drilled by Roeser Petroleum on a pro rata basis, according to the amount of my investment. PAGE NINE. TT NY EP WOW OTOTTPTTTOSROOOSOSOOOEDOOOO IL Pi aes ee ee SS SS SF SS SP SP ee oe oP eee