Show MANY OIL LEASES GRANTED BY BIT WYOMING Tf Cheyenne Wyo Wro May fay 22 From From March Harch 2 to Jay M 13 13 1920 a a. period of ot six fifty working days das tho the Wyoming state Jan land granted 20 oil leases It was feared that the passage O of oC ho tho government lease Jease law and activity would affect leasing of or stat J lands for tor oil but says sars Land Commissioner Baker It has had the tho opposite effect More prospectors' prospectors leases cases than evor ever are being applied for tor and numbers of ot oil operators have haye said they hoy pr prefer ter to develop state lands Under un under un- un der tho the Wyoming lease law and regu- regu rather t t than lan under the national measure One thing that seems to favor leases says ays oil operators is prompt action and a fixed royalty Ordinarily an individual In- In or corporation ma may complete state oil lenses leases and bo he drilling on land Jand In n fifteen tt to twenty days daH and tIle tho they are assured that If they discover oil In commercial quantities tho the royalty they will havo have to pay tho the state for the tho Ir t operating lease will not exceed eighth one of value of oC oil oU and gas Gns |