Salt Lake Herald-Republican | 1919-03-02 | Page 37 | Iowa Park May be Rival to Adjacent Producing Fields

IOWA PARK MAY BE RIVAL TO ADJACENT PRODUCING FIELDS F I ELD S Three Wells cBs Completed jn iii Past Week cel and All Are Ar Producers Operators Take Tahe i. i Hand in iii Development S Sherald V f Herald Special Towa Town Park lark Te Texas as March farch 1 Three Three completions 9 were recorded here the past week all of them good wells welli Activity ity in filing drilling has increased rapidly since the announcement of the several deep test wells to be drilled here b by various companies companie Leases arc still advancing ad in value and it is s predicated this will soon be he a close second to Burkburnett in number of or companies if not in in derricks Some of the successful operators at Burkburnett Burk- Burk burnett are arc acquiring acreage in itt this vicinity and state they will under take lake development dc on a large scale in the near future Zinc Zine No 1 3 i is generally conceded to be the best producer of or the trinity of Zink ink wells and its coming in better than Zink Nos 1 mid 2 gives a 3 decided de do- boost to the Iowa Park field in practically every cry direction A location has be been n made for another another another an an- other deep test by the tho Twin Cities Oil on company compan Q on the C C. land about one north or Iowa Park it is 13 stated M. M P. P Kelly o of Wichita Falls Fails former Cormer clerk o of Wichita count county will have charge of or drilling ln operations The Iowa Park Herald says lars J B B. La Lawton ton and associates of the Twin Cities Oil company compan have ha made a location on the north end of or the C. C Birkland Birk lands land the thc southeast quarter of or s section 11 11 about one mile north of or Iowa Park for a 2000 foot foot test well Lumber for the derrick and fuel tanks have been ordered out and drilling drill drill- In Ins ing will begin as soon as machinery can be placed on the tho location M 1 P. P I Kelly ell former count county clerk cIerI I who t has drilled In several se producers at and who Is financially In Interested In- In d In the thc company compan Is in char charge e of ot operation thus Insuring Insuring- a real test It Is probable that thal an arran arrangement ement will later be entered Into with Ith John T. T Overbey O and antl others of oC Iowa Park to carry the test on to 00 feet in the event ent oil or gas as ij In paying quantities la is not found at at a lesser depth The Thc Twin Cities Is one of ot th th strongest cst young youn- companies In the field and Is mana managed cd by practical men who have ha made a success of or their operations In other fields The Twin Cities has been ceo financed and Is now offering sto stock k for sale sale- ur t Company in InField The Iowa Burk-Iowa consolidated has acquired acquired ac ac- ac- ac acI I n c twenty five acres in tho the famous Iowa Park district about fl 11 miles from rom the thc Watkins well and ten acres In the Newman Hammond site in block 61 I northwest of or the thc Humble well ell the largest larg larg- cst est well ell In Iii the pool estimated estimated esti etI- I ar mated at 2000 barrels a a. da day he men who comprise this company are arc F. F H. H Chapin of Kemmerer Wyo 11 H. S. S n dg- dg I I Icy ley C Cheyenne Wyo yo AV W. T. T Woods of or I T Twin jn Falls o Ida and J. J T. T McCormack of oC ai I Thc The Jr Oil company I has secured twenty acres In the tile Iowa 3 Park field with production on all sides aide and is making preparations to ari drill l two wells This company compan Is headed by former State Senator O. O K Gaymon of or Colorado and associated with him In the promotion of or the company compan Is the Texas Trust company of or Fort ort Worth orth Tex Tile The talent at Falls has picked this district as the coming comins- sensation sensation sensation sen sen- In and leases are arc In great reat demand at steadily Increasing prices price The Texas BI Big Four Oil company moved mO a star tar rl rig to block in Iowa Park last week and antl expects to spud In the first of or the week This comp company ny r recently purchased ed 1500 Iowa Park town lots for for- or which it Is reported to have ha paid each Barber Allen AJlen commenced drilling on the southwest corner of or the E. E A. A farm one mile southwest of oC Iowa Park ParI The Thc Iowa Park Southern Oil company y will ma maHu a location to drill on the J. J 1 D. D Bell tract south of zink Ko Xo o. o 4 4 c ll n iteal al A There Is much activity In real estate estat circles as well vell as in leasing of or oil oll lands A. A Lebenson of or X New w York ork elt city Paid 1 1200 OO for a a. business lot lol which about 30 0 days a ago o was t transferred at 1 0 I. I benson i also paid 2500 SOO for Cor block II 16 In Iowa Park and leased the nil mineral rJ rights of or the Fred Van Yan L Ix W 40 0 acre l arm rm seven se miles mile north northwest w st or of Iowa park for or The Black Diamond well on th the Hunger lunKer tract In the southwest portion of ot the Iowa Jowa Park oil field has been drilled i In and Is said to be as good or better than the tho Watkins well In that part of oC the tho territory both these wens wells giving up hl high h oil the tho Watkins really really- being the match that recently touched i off orf tho the Iowa loa Park field Zink No o. o 1 hal half a mile south of ot Iowa Park doing the thc rest Tho The Champion Oil company compan I n. n D. D D.- D. Campbell president has haa made a a. lo- lo n. n I n. n 5 5 U. U H. H Y DU LUn In tho Black Diamond and Watkins part of oC th the Iowa Park lark In be be- tween the Black Diamond and the the Watkins Watkin wells and will soon begin In going after the thic rich sand Acres Acre Icar Icae Conway t Cobb have ha leased to Vcr Vcr- non capitalists ts 60 acres acre out of ot the northeast corner of the Mrs M. M r. r A. A tract south of ot Iowa Park for tor or a total consideration of or or 5 per acre It is understood the thc I Vernon parties will develop elop the lease lease- at once The Thc 1918 Oil company compan has during the week weck brought In a barrel wellon well welt I on the farm owned b by Mrs Mollie Feds Eeds about I 12 miles northwest of or- Iowa Park This well is 13 1003 feet feel In depth W. W D. D McClure has several se hundred acres of land east cast of oC Iowa IO Park that thatis is subject to lease for the tho oil and mineral mineral min ruin eral ri rights lie Hc Is holding this land landat at 00 OO per acre There are now seven SC producing wells on Oil the tho McClure t farm fum which are yielding the tue owners a net revenue e cr every month