| Show ANOTHER EFFORT TO BE MADE TO DISCOVER PETROLEUM IN COUNTY three different outfits will participate in the explorations pl orations some of them to start within a month one is a salt lake company formation of a local company for the purpose of developing ve loping the oil and gas resources of davis county was wa S completed yesterday the equipment to consist of a standard rig with a derrick eighty two feet high will be on the ground in two weeks and drilling operations will within twenty days the company known as the home oil Ref refining luin gas company g is composed of alvin F I 1 smith president levi M har mon secretary treasurer and H R L belsom H A langford M H VV vf horn john T neff and john f J van allen alien directors t we have secured leases on 1100 acres of land said mr nelson last night and ceolo fists reports indicate that we b will strike oil at a depth of about P 2500 feet we expect to take five E months to reach this depth al t though we will work two shifts continuously the ground is a t proven field in that oil was ft t struck there several years ago in 1900 a syndicate went to a th feet and anda an into tos a aard r formation they develop ed edal flow of oil but not in corn com erceal ier cial quantities they lost their equipment and had trouble 1 I tover oter D I 1 their leases and as the beau 21 mont boom came along at that t time atme they capped and went to texas edify early spring these same people birde came tr back to resume operations but we had already secured the I 1 ground F 11 the indications are that the f V oil w which ic we expect to strike is of a base running f from rota 52 42 per cent to 57 per cent gasoline A large amount of aspdal atie tic deposit to the north leads f geologists to believe that oil is to fr ae frae e found on the lower ground r where we are goilo to drill A california syndicate expects to ta tart 0 drilling near us within afif teen days and an oklahoma cont corn cern will have a ric rig working on the ground within the next two months i an analysis of gas taken from our ground shows it to be a para ma hydro cardon gas carrying between three and aad four gallons of gasoline to every 1000 cubic feet the incorporation papers for the home company were tiled filed yesterday the firm is capitalized iced at and the officers are all ah local men local capital awill will finance the project herald 1 republican |
