Show o OIl MAGNATES IN CONFERENCE Clarks Syndicate Will Put More Big Rigs in the Vir Virgin Virgin Virgin gin Field at Once It developed Friday FrIda afternoon that the big operators whose identities are being carefully kept in the background were In consultation with H H Bullfrog Clark regarding operations in the Virgin river oil oU field Yesterday these interests left again and Mr Clark when seen during the afternoon said the result of the con was that two more standard per permanent permanent permanent manent rigs would be Introduced into the field as soon as possible and at the same time a It portable drilling outfit would go in and be used to prospect In a preliminary way at different points In the field air Mr Clarks syndicate which Is known as the Consolidated Oil on company compan Is a close corporation with only a few tew hundred hun red shares and Its oper operations operations r are being conducted without public assistance which is ls neither needed nor sought While we have had an unusual I amount of ot bad luck working with the best kind of ot a rig that money could buy bu busaid said Mr Ir Clark we are perfectly con convinced convInced convinced vinced that we are operating In about the biggest undeveloped oil field fi Cl ld in the world so there ther is no intention of ot doing other than to keep on drilling We Ve have finally tIn ally got everything in snape at the Initial 1 laL well south ut and ea eat a t of Virgin VI gin as you you nave o ore s atea anu from the mark was resumed last Friday a week ago The bottom of the well was entering a strata when I left leCt and as w we figure that this overlies the oil I am expecting that oil has been tapped almost any an time now I would like to be bi b In a position to tell you all I know about another combination tion that is getting ready to enter the Virgin field and do things but I am not at liberty to do so I can say however that I know of ot a big company that mines both for mineral minerai and oils oUs that has or ordered ordered ordered dered no less than standard rigs such as are employed In the Cali Call California California fornia field for use In the Virgin region These rigs will be coming along as man manufactured and before this time next year ear earthe the big bg b corporation will be doing things in the th country Mr Clark stated also that since the thC arrival of ot Bert L Smith from Nevada Thursday night the affairs of ot the South Southern Southern ern em Utah Oil Ol company compan had all been straightened out The out outstanding outstanding standing obligations had been met and the all aU I absolute control involving practically of the stock had been taken over by hint him himself self elf and Mr Smith As you OU know concluded Mr Clark I this company compan owns ground round close to Vir Virgin Virgin Virgin gin City One well has been sunk and the oil developed The second well is not yet yel finished but it will be continued on down as soon as a we wc can get around to it Several wells have hae been brought in around Virgin City and there is much more work to do there We Ve shall thoroughly pros pro prospect prospect the thc southern Utah holdings for re results results suIts are practically assured now Mr Clark will now make his head headquarters quartets quarters In this city and visit the fields only as his presence there Is demanded |