Show encouraging OUTLOOK AT HOL BROOK by james F obrien holbrook ariz april 20 they encouraging oil indications which were encountered in the hopi oil companas Comp anys well shortly after the hard cross bedded coconino sandstone caproon was gone through continue to multiply with each passing day the sand now coming from the hopi well on being treated shows oil and the drillers drillars dr illers smut has appeared As one oil well driller who was at the hopi during the week put it smut is to the oil what the bloom is to the peach it is the forerunner of the liquid oil the representative of a very large concern headed by a practical driller on seeing this smut at the hopi immediately closed a contract for an extensive area of patented lands paying a handsome bonus therefore in addition to the usual royalty since that time another concern has leased 2500 acres and arranged to put in a drilling rig within ninety days with the proviso that two additional drills would follow in sixty days after the discovery of oil As a result of the better showing the hopi company is planning extensive improvements prove ments among them being the laying of aa a two inch water main from the storage reservoir to new tanks which will be constructed at the well the pipe line will be about two miles in length and will carry sufficient water to the storage tanks at the well to furnish an ample supply for the dry season this pipe line is expensive and will be of little use after the well is drilled unless oil is struck therefore it would not be put in unless the outlook warranted the expenditure president macduffee and secretary hennessy of the adamana adamand oil company together with associates have bought from harold E dodd all his stock interests in the adamana adamand the executive officers of the company are naturally in touch with every development and their confidence could not find more convincing expression the navajo apache abstract and title company announces that an addition to the town of holbrook is being platted on thy the mesa adjoining the town on the north nord it is said that the promoters will ise the greater part of the money from the sale of lots in the sinking of a well for oil on the property bryan bros of the holbrook tribune and ed jones the plumber have brought a block of lots near the river and they plan also to eventually drill for oil on this ground abst secretary Cli chamber amber of commerce 0 |