Show THE OIL WELL hon J D wood who returned home from los angeles a few days ago and who is f heavily interested in the oil industry of that section together with several other salt lakers is more than pleased with the behavior of the oil properties there in which he owns a large share the oil wells of the salt lake company are located about midway between los angeles and santa monica and until recently there were 13 or 14 producers on the tract this number has been added to of late by the bringing in of the well which is now producing the lightest ano and finest quality of oil yet found in that part ot of the th country and which when f first 1 r S t 8 tr 11 i flowed over barrels in eight hours all arg every sump and hole available before it t could be regulated and governed in th sinking of this well the first oil sand was struck at a depth of 2028 feet and the drill hole has attained a depth of 2480 feet the th bit having passed through feet of 0 oil bearing sand this splendid well is or on 0 tract of land adjoining the holdings of the salt lake company recently acquired by bv some of the stockholders in this association in an interview with a representative ot of the mining review mr wood stated that in all probability this new well would settle down to a daily production of barrels when it is drawn upon for the market the wells of the company are producing and marketing 1900 barrels of a good grade of oil daily this being the output during the two days that mr wood was at the field |