Show ONTARIO HAS excitement statesman boise ida ontario is in the throes of an oil boom the first question one citizen asks of another on greeting him on the street is how many shares of stock have you subscribed for or how much stock have you in the oil and gas company natural gas has been found here for years in nearly all deep water wells that have been drilled to a sufficient depth the shale underlying the surface in this vicinity is over 1500 feet in thickness on penetrating it water breaks through and raises to within feet or feet of the surface it is the opinion of experts that the shale capping overlaying the formation has hermetically sealed the gas up and the only escape for it is through some water strata from this all indications and geological formations point to the fact that there must be immense quantities and a great pressure owing to its being tightly confined by so deep a capping every oil expert that has inspected this field has made a favorable report on the formation and that where so much natural gas is found the indications al are re first class for an oil field in the vicinity oil in small quantities has been found st at payette and vale four and sixteen miles distant respectively at depths ranging from to 1200 feet in neither instance has this overlaying shale been penetrated owing to trouble with their machinery the surface indications of underlying gas and oil are the presence of poal coal gyp sum sulphur salt and gas springs etc of which there are numerous substantial evidences the company organized to develop the field are home business men and has the unlimited confidence of the people here it has secured leases on acres of land active operations were expected to have begun before this but owing to delays in getting the machinery on the ground they have been delayed however work will soon commence and be prosecuted vigorously |