Show FAVORABLE OIL OUTLOOK AT EPHRAIM UTAH increasing interest attaches to the operations of the producers oil company which is spending n iding a lot of money in the development of the ephraim sanpete county oil field so favorable a showing has recently been made that one report has followed another to the ef effect f act that a well had been brought in by the producers company while these reports have lacked official confirmation as far as bringing in a well is concerned the fact is not denied that a most favorable showing exists and the management is confidently expectant of securing production early in the coming year just a few days ago an official of the producers oil company explained the situation to the mining review as follows producers well no 1 now being drilled two and one half miles northeast of ephraim was down feet on december 3rd ard oil showings b and gas have been encountered at feet feet and feet the oil was very heavy and in a hard brown sandstone at feet there was three feet of oil sand with a much heavier showing and it is hoped to strike a sand between and 1000 feet which should give good production A second water strata was encountered at feet giving an artesian flow of about 35 gallons per minute this water is being shut off between and feet the bethe producers oil company will start well no 2 one half mile east of ephraim soon after the first of january and a contract has been entered into with a Califor california liia oil corporation po ration for the making of a deep test this contract calls for feet in case oil is not found in corn commercial mercial quantities before that depth is reached A second contract has been made for a test of 1500 feet starting Z 1 in april the drilling so far has proven part 0 of f the sanpete valley and production is looked for early oil structure t to 0 have an next year |