Show 0 SJ 06 i dotes notes on the oil industry lit i i 0 J J meyers formerly of philadelphia but now of this city has joined forces with S L boggs in the oil business several heavy deals involving green river oil lands are now pending in which chicago and minnesota capitalists will participate A E smith formerly with the sunshine and the overland mines abines at sunshine camp floyd district this state has arrived in the city from bolinas california bringing with him oil drilling outfits excitement still continues at green river sinbad and in other oil bearing sections of the state the indications being that it will not be long now before oil in paying quantity and of excellent quality will be encountered news register evanston wyo george J kelly of ogden secretary of the fossil consolidated oil co and P J of kemmerer president of the company consulted with a number of oil men in evanston this week castle dale progress some three miles northwest north west of green river the home lubricating oil company at the head of which is governor heber M wells of utah is about ready to begin boring a well for oil the company has ample backing and has or ordered d ered a derrick and complete drillen drilling gr outfit miner sumpter oregon A recent dispatch from vale county announces that acres of oil land has been located 20 miles north of that place the ground has been exper exported ted and found to be perfect in all its indications of oil boring will be commenced as soon as machinery can be obtained castle dale progress the people of the town of green river are arc swimming in a sea of speculation as to the meaning of various things happening in their community first the rio grande western railia railway y company is dumping no less than tons tori of coal near the depot and its only natural tor for the people to ask it for just before going to press pres s with this issue reports are current on the street to the effect that a fine flow of oil had teen been encountered in the san rafael well at sinbad in emery county and that the well had been plugged the derrick removed and a ten lence ce built around the well these reports are not corroborated however although manager davis believes they are correct hon matt daugherty vice president of the spring valley oil pipe line company operating in spring valley wyoming arrived in the city last week and is enthusiastic over the splendid outlook for the oil industry in that region mr daugherty brought with him samples of crude and refined oil from the oil discoveries at the U P cutoff cut off in uinta county wyoming the refined product being exceptionably fine of gasoline the refining showed per cent water white headlight oil per cent white headlight oil per cent oil lubricating and wax per cent the company will open an office here it is still locating and leasing oil lands and has ordered a standard rig the duquesne oil company recently incorporated corp orated in pittsburg pa on acres in the green river country grand county this state is getting ready for active exploration it being learned that it now now has ba about in its treasury from the sale of treasury stock the company now negotiating for drilling machinery which is soon to be shipped the company is capitalized at shares of 1 each of which is treasury stock S L beggs of this city is managing marm ging director of the company manager davis of the San Rafael oil company operating in the sinbad oil regions is more than pleased with the developments in the sinking of the initial well in that section at feet a twenty foot layer of oil sand was encountered which mr davis says was the beathe best he has ever seen The drillis now down feet the indications from the to this point being identical with that of the pennsylvania oil fields it is believed that the lower strata will be encountered between a depth of 1000 and 1100 feet news register evanston wyoming the piedmont oil company have their derrick up on see sec 4 tp 14 range in the spring valley field they have new machinery and sinking will soon begin under the enc y of L E who will be assisted by b y the best drillers drillars dr illers obtainable from pennsyl i vania the first well of this company will go down south of the U P railroad track and about four hundred feet the company is very fortunate in being close to natural facilities coal being obtainable at 1 per ton and an ample supply of water is close at hand for drilling purposes every expert who has yet examined the ground pronounce the first well a sure winner |