Show GUSTA GUSTAVESON STRIKE AROUSES INTEREST Interest In the tIre strike of oC oil 01 at the Gustaveson Oil 01 company's property In Diamond Fork canyon canon has hus caused a a number o of other Interests In this part of ot the country to start work The oil oi was waa encountered at feet teet in what was believed ed bele to be a n six-inch six sand Inasmuch as it Il was saturated It I confirms con con- firms to a n great extent the belief bele that tho the toot foot sand which is forty feet thick will wil contain oil 01 In addition to the Gustaveson Oil al company compan which controls 2300 2500 a acres res the Utah Consolidated owns or controls several se thousand acres and has a rig On p n tho t I. I In n o A. A l r f. f I operations E- E En E. E R. R HIbbard a wealthy Ih II California operator wh who last January Januar boU bought ht 1000 acres for Cor 2500 also allo has lIas hasa a 11 rig on the ground roun and now Is hero In person to superintend the inauguration tion of ot development de operations ns tile the Victory Oil 01 and Refining company holds leases as does doeu doel a syndicate supposed sup sup- tUP- tUP posed to represent tho the Verner Z Reed compan company of ot Denver Donver W W. S. S Scott Scot l known as the oil kin king of ot Brn Brazil l the Po Poole Poolo lo Interests of ot Chicago of and tRe Sloan Agency company compan of Salt Lake while T. T tho the local Japanese merchant mer ner- chant has taken an option on land Belief generally Is expressed cd that within the ric next t few weeks a dozen or or- more rJ rigs s will wil be in iii full Cul operation In inthe tho the field As AS stated In the tile first announcement or of the strike tho the presence presence of ot oil In 01 th the well came as a 1 great Great surprise to officials of ot tho com company pan Although h a slight showing shooing of ot colors appeared on tho the water s several da days s 's ago os-o. thero there was as asno no expectation of a strike at tho the present pres pros ent cat depth An official announcement was made that E Edward ard R tho the California operator who whose e presence was noted yes yes- es hail bou bought ht tho remainder notee of ot the block of stock which tho the state se so- so o cur Ites commission had authorized the tho e Gustaveson n company to sell sel at 5 cen cents and that the stock had Imd been Jean tak taken n off f ff the market |