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Show TRUTH 4 U in a battery of holes in the San Rafael calculation flow 200 or 250 barrels i companys ground and making them day. The two new wells will be cob. among the big dividend payers of the pleted in sixty days as the machine is the most approved and the work wifi country. be pushed to a finish. The wells ex ft ft Geo. F. Root, the secretary of the perts say, will be as good producer as the first one. The own 4j Cincinnati --Utah Wyoming Oil com- acres of oil land in company Kern county, Cal pany, will reach Salt Lake the latter Its stock is owned by Salt Lake peonfei portion of the coming week. The ob- and Col. N. W. Clayton is its president' sum in the treasurj There is a ject of the visit at this time is to act which will large as far as needed for be used with the local managers, Messrs. Ken- the development of the property. The nedy and Westover, in placing con- wells around the property are produo tracts for the sinking of several oil ing 450 barrels a day and the ollicen wells, A number of these will be on are very conservative in their estimate the San Rafael swell near, the Davis of 200 or 250 barrels a day for their wells. Two wells will also be sunk in wells. J. W. Moore has been the Fossil fields, Wyoming, one near sole agent for the Utah Crownappointed Co. Kemmerer and the other a short dis- development in Utah. -- tance from Fossil. ft ft D. C. Dunbar, the new manager of Oil company, is makthe ing preparations for the sinking of a battery of shallow wells in the companys ground at Dewey Spings, in the Green River fields. The original well which was sunk under the direction of R. M. Pope, struck a heavy oil sand at 120 feet. It is to develop this stratum that the wells are to be drilled. There is no other way known which will make a territory as productive as quickly as this, for with proper machinery a well can be completed every 48 hours. The work of this company will be watched with keen interest by all oil men. ft ft The next ten days may see thecon-sumati- on of a heavy deal in Green River oil lands. The New York and Utah Oil Co. and several holders of property to the amount of 7,500 acres are coming together to settle upon a plan of combining. A little hitch has occurred in the negotiations which may be straightened out to the mutual advantage of facts. ft ft Another new company is about to be formed by outside capital. G. H. Shannon and associates of St. Paul, Minn., have purchased 3,200 acres of oil land in the Green River fields and will form a company capitalized for 500,000 shares of $6.00 each. As soonfas this is accomplished, they will immediately place machinery on the ground and start sinking several wells. From letters received from Mr. Shannon they will be at work on their property before the close of the present summer, ft ft Walter Fike has completed the survey of the Baker companyy line it the Green River fields. This work was done preparatory to starting the work of developing the territory. Utah-Colora- do The week closing has been a quiet Green River station. It is claimed that one in the intermountain oil industry. this road will shorten the distance It is the quiet, though, that goes before from the railroad to the district by the excitement. All the holders of about thirty miles and give an easy Green River oil lands have their eyes grade on which to haul heavy loads. turned to three companies. The first It is thought that this move will change This the shipping point from Price to Green of these is the California-Utacompanys well has attained a depth of River station. It was at first thought 1,600 feet, and all indications point to a that Mr. Davis, of the San Rafael Oil would join in the building of gusher within the next few feet. company, since the return of that but the road, Messrs. W. I. Roberts and Nels C. from the east, he disclaims gentleman been have of the of intention company, any Youngberg, entering into the On the scheme. contrary, he has drilling at the well for over two weeks out his that company has joined and went as deep as they thought ad- given Cincinnati Utah Wyoming the with visable until the water was shut off. A company, and that the two together large flow of gas is escaping from the would construct a road from Desert Switch on the R. G. W., to the San well and the formation the drill is The effect this will have on in the opinion of experts, is Rafael. Black the Dragon canyon road is hard the capping to the oil sand. The work to tell, but at all events the Davis road of shutting off the water will be under- - is assured. ft ft taken shortly and the drilling continued On the At the annual meeting of the Califountil the well is brought in. Oil company, held in this San Rafael, the San Rafael company is rnia-Utah sinking its third well, and the return city Tuesday, the following directors of Manager A. J. Davis bids fair to in- were elected for the ensuing year: in C. M. augurate an era of great activity Kilbourn, of Oakland, California, of well The district. remaining this well president; Walter Scott, Sen., of San the trio is the Burns well. ThisManaFrancisco, vice president; W. I. Roberts is being driven with a rush and and Salt Lake, secretary-treasurit com- of ger Burns declares he will I ave RobD. C. G. of W. Cal., Selma, Scott, Near pleted within sixty days. of Provo, L. D. Scott of Selma, McWhorter and Hasting and bins and Nels C. Youngberg of Salt the Grand View people are pushing Cal., g in order to put in their Lake City, directors. ft ft begin the work of sinking, rigs and New York and Utah people An old oil company has been rejuvewhile the the upon their machinery are placing nated by the oil excitement of the ground. Over in Wyoming Manager Oil and country. The Uinta Oil company some Virtue, of the Fuel company, has been on the ground years ago acquired a patent to a tract of the oil of country near Castle Gate, and sunk superintending the running of the well and the sinking a well 370 feet upon the property. An water. casings in order to shut off the oil sand was penetrated in sinking the This has been accomplished and drill- well and some oil taken from the hole. going on. This well ing is once more to the A mishap string of tools caused bealso shows unmistakable signs of a cessation of the work and nothing future, has coming a producer in the near been done with the property for Mr. Virtue placing the oil sand only some years. The company is now 150 feet away from the bottom of the about to let a contract for sinking the from hole. Meager word is heard or to sink a a to well depth greater but by all Spring Valley and Hilliard, new hole, and will begin the work at accounts, the drills are pounding away once. on the rock and the operators are full ft ft of hope. Thus, though a quiet on, theA. J. Davis of the San Rafael com- week has been one of sure advancepany, has returned from an extended trip to the east, most of the time havlands oil of holders the of A number ing been spent in Boston. Mr. Davis Green the of district Sinbad the in expresses' himself as being perfectly a build to determined have fields satisfied with the success he attained River Black the of on his mission. He has returned to the way wagon road by oil lands from Utah with the fixed purpose of putting Dragon canyon to the , h. -- -- pen-tratin- g, er Sun-nysid- road-makin- Utah-Wyomi- ng ch e, ft ft is Following a'complete list Jof thej-oicompanies that have been organized in Utah, in number. These corporations have an been organized within the present year, except the Juab Oil and Coal company, which ws formed in 1894. The name of the company, In capitalization, location of the main office am the names of the presidents and secretaries is l .fifty-seve- given: Annual Oil company, 890,000, Salt Lake Cih, W. M. Spencer, president; Edward E. Bun secretary. Bald Mountain Oil company, 162,500, Ephraia president; M. F. Murray, g ret ary; properties in Sanpete county. California-Uta- h Oil company, 824,000, Silt Lake City, C. M- - Kilbourn, president; W.L Roberts, secretary. California-Vern- al Oil company, 824,000, Sd Lake City, C. M. Kilbpum, president; W.L Roberts, secretary. Carbon Oil company. 8250,000, Salt Lib City, W. P. Lynn, president; George West a velt, secretary. Chicago Oil compayny, 830,000, Salt Lib City, Frank T. Burmester, president; H.B nett,' secretary. El Verde Rio Oil company, 81,500,000, Ogda, J. A. Cuttery, president; S. S. Smith sen-tar- Fossil Oil company, 8100,000, Ogden, JesaJ. Driver, president; Horace B. Stratford-retary- . Gam Oil company, 859,000, Salt Lake dr, William C. Hall, president: Lee Duning,-retary- ; properties on Green river. Golden Scepter Oil company, 85,000, Pries, I. C. Lee, President. Green River Oil company, 8250, J00, Salt Lite City, James H. Moyle, president; F. C.Bs-set- t, secretary. Marin County Oil company, 8250,000, Silt Lake City, Joseph Lippman, president; 1C. Ellis, Jr., secretary. Ogden Fossil Oil and Land company, (IDA Ogden, J. C. Armstrong, president; George J. Kelly, secretary. Price Oil company, 860,000, Price, L. president; Morris Sommer; secretary. San Jaun Oil company, 8100,000, Salt Lite City, E. A. Wall, president; J. S. Bransfiri, secretary, Salt Lake Oil company, 8200,000, Salt Lite City, J. O. Wood, president; J. Barnett, Low-Btei- set-- re tary. Red Ridge Oil company, 850,000, Salt Lite City, E, V. Higgins, president; S. L. Has, sec re cary; properties near Thistle, in flu county, and in Juab county. San Rafael Oil and Mining company, 818ft Price, Arthur J. Lee, president; W. H. Qtt secretary; holdings in Emery county. Spanish Fork Oil company, 85000, SaltLite City, J. A. Grose, president; F. E. An, secretary. IbSf-nic-k, It bring LsWJ' barrels a day and when rejhab Oil and Coal company, Salt 8100,000, G. D. Haven, president; E. B. completed will at the most conservative secretary; properties In Juab county. eighty-fiv- e n 1 j I 1 J. M. Hansen, Spring Valley Oil and Development a 8150,000. Salt Lake City, C. K. pany, ft ft president; J. C. Gladden, secretary. The Wyoming Consolidated is still TwlnCreeks Oil company, 810,000,S. CgA John D. Carnahan, president; E. C. Bon sinking on the ground in the Fossil ard, secretary. field. The well has attained considerUtah Lubricating Oil company, 850, OOlSdt Lake Joseph R. Walker, presiWj able depth and is showing good indi- CharlesCity, A. Walker, secretary; propertw cations of an oil well. Green river. Utah Union Oil and evelopent comity ft ft 850,000, Salt Lake City, J. J.Tmrenam.fK P. L. Griffin the well known oil man, dent; Edward W. Clarke, manager; SJ' Hague, secretary; properties at Soldier has gone to Pocatello to attend a special mit, Tucker and Mill Fork Siding, In W meeting of the Wyoming Paraffine and Utah counties. Uintah Oil company, 81,000,000, Salt I company. It is thought that the com- City, C. B. Stewart, president; C.JA. F.0sr pany will throw off Hie apathy of the secretary. past few months and begin work upon Utah Oil and Refining company, 810,001" Lake City, J.A. Meredith, president; I its property. Hennefer, secretary. ft ft Utah and Colorado Oil Company, At a meeting of the directors of the Salt Lake City, Delevan A. Holmes, pres91 Utah Crown Oil company on Tuesday H. O. Shephard, secretary. Utah Crystal Oil company, 825,000, Salt evening boring operations were ordered City, N. B. Campbell, president; A. E begun on two wells, and the well which dith, secretary.Oil White Star company, $250,000, Salr is almost completed was ordered to be City, A. H. Tarbet. president; W. G secretary; holdings in Dairy Fori finished without delay. In regard to ford, near Mill IVirk Siding. yon. this well it only remains r.to perfect the Wyoming-Uta- h Oil company, 8500,000,1?; Frank Franw A. van flow-inPatter, president; g and is now it in. casing I ! |