Show LABARGE GETS SECOND government LEASE the labarge oil field to the north of kemmerer wyoming got into the limelight in departmental circles at washington when the second lease to result aga again in a few days ago from the granting of a permit and the subsequent discovery of oil in co commercial quantities was granted to the labarge oil company says the kemmerer gazette the lease covers acres of preferential or class A lands in the west half of sec 34 where three producers were brought in by the wyomah beneficial combination it calls for the payment of five per cent royalty to the government the lease to the was the first of iggi kind to since the leasing bill went into be issued by the department effect interested parties locally are P J quealy E L smith with a small group of shareholders A D hoskins together and the wyomah oil gas co a in their company wyoming corporation gets 2 per cent overriding royalty while the beneficial oil co company mcany holds the operating contract the lands covered in the lease together with adjoining lands constitute the heaviest producers thus far developed field the lease is known in official records a as s evanston the in serial no a and is dated april 2 1926 |