Show petroleum notes sinclair interests have been awarded a concession for a large area of prospective petroleum lands in persia sinclair and associates have been working to secure the sa same in e for foi more than four years through the purchase of the amalgamated oil company by the associated oil company ernest bamberger has become a member of the board of directors of the latter company one ne of the largest producing refining and distributing companies in california the Bam bergers were the largest minority stockholders in the amalgamated oil company which had a valuation of at the time it was absorbed another black oil field has been added to the producing fields of wyoming the utah oil refining company having what is reported to be a good well on sec 36 43 91 black mountain district plot hot springs county says the casper oil index inde the pay was found in the bottom of the ten sleep sand which bilich was more than ft thick with the total depth of the hole at ft bea before ore the well was put to pumping the oil rose ft in the hole and a test is said to have produced bals of oil I 1 directors of the sprague ue oil company financed by local capital decla declared the first dividend of 5 a share according to secretary and treasurer E J shields in announcement no on the ad on december 12 the comp company companas anys s no 1 well was brought in in on the torrance field near los angeles less than a month later the company received a check for first production which will enable the payment of the dividend no I 1 plans of the company are to make monthly disbursements from now on charles M klefler lefler of elko nev has been in town several days and while here made arrangements with T J davis of the ute 0 oil ii company for their star oil rig which they used on white river and will ship the same to nevada where the first unit oil company will make a test in a new unproven oil field at elko mr lefler will superintend the shipping of the rig and will be here for a few days yet he sees a great future for the oil shale industry just as soon as there is a proven method of extracting tr the oil on a commercial basis vernal express A showing of oil the first encountered in the test well was the new years greeting from woodside to the utah oil refining company the showing was obtained in a limey shale penetrated at a depth of feet while the quantity was limited as should be expected in such a formation it was sufficient to arouse optimism concerning the result of the test but a few days later at a depth of feet water was struck and work was suspended until the men could be supplied with waterproof clothing when sinking was to have been resumed I 1 electric current for drilling and pumping in the oil fields seems to be coming steadily into favor according to the casper oil index of recent date the producers and refiners refinery Re finers corporation has applied it to the field near hudson in fremont county deriving the power from a hydraulic power plant at the sinks southwest of lander the midwest refining company has already perfected p plans for electrifying the salt creek field and a practical trial of pumping deep wells by electrically driven walking beam may be seen at the mutual oil companas Comp anys camp at parkerton the midwest refining co has brought in another big gusher in the hogback field near farmington new mexico the well know as midwest no 6 has a flow of from 2500 to barrels of high grade oil similar to the product found in the other wells and is located just 1000 feet southwest of no 5 oil was struck at a depth several feet shallower than expected and for this reason the drill ers were unable to keep the strike from being made public the midwest company has drilled six wells in the field all but one of which are big producers the prediction that all of the area between fort collins and the wellington oil field would be dotted with oil derricks within the next two years was made by C S sherman colorado manager for the union oil company to a party of greeley men who talked with him at fort collins recently the greeley party consisted of clarence darrow well known chicago attorney his son paul darrow manager of the greeley gas and luiel fuel co company mcany district attorney louis B reed and attorney john T jacobs mr sherman told these men that the next two tw wells to be drilled in the wellington field would be located 1800 and feet directly east of th the e present oil well and former gas gusher |