Show OU on R review 6 em WW defit lewi LO the darlington oil company is a new incorporation owning acres in the green river country F E wilson returned the first of the week from near colton where he is interested with others in valuable oil lands word comes from green river that a big lot of supplies rig timbers etc have been received there by don C robbins for the walker bros dr 0 W higgins has located two sections of land in the green river country the ground adjoining the property of the sunday morning oil company it is learned that california and colorado people have recently located acres of oil lands in the green river country between little grand station and thompson springs hon D C dunbar has returned from new york where he interested capital in green river oil measures on his return he brought with him several oil experts who are now making an examination of the oil fields E M norton of pittsburg pa a prominent official of the pennsylvania railroad system and his associates have secured a large tract of green river oil land through throng S L boggs and will soon begin active operations wm win H jamison a member of buckles Ar coffee company of pittsburg pa has become interested with S L boggs in valuable oil properties in the green river section and promises to do some effective work in the way of development work at an early date A number of locations in the green river and sinbad oil fields have been made of late by senator thomas kearns senator C D clark postmaster A L thomas hon peery S heath david keith and other gentlemen of note in the political and business world C H labelle of this city the inventor of a hydrocarbon hydro carbon solvent is in san francisco for the purpose of perfecting preliminary arrangements range ments for the organization of a company which will utilize the discovery which will doubtless be organized under the laws of utah the evanston news register says the machinery for the well on section 22 township 25 range was taken off the cars at piedmont this week and moved to the site selected for the first well it will take about three weeks to place the machinery in order and it will be about a month before drilling commences A special to the herald from ogden states that advices advises have been received from huntsville that oil has been discovered in a field in north huntsville and that several bottles of lubricating oil have been taken from shallow workings considerable excitement is the consequence of the find f nd huntsville is located several miles above 0 ogden oen up ogden river the evanston wyo oil exchange with a capitalization of has been incorporated by frank M foote B M ausherman edmund chapman george E pexton clarence D dark clark isadore kastor john C hamm wm win J cashin and garrett oneill the exchange is putting up a new building at evanston and will soon be ready for business S F mining and engineering review H R earle secretary of the arroyo seco oil and development company has just returned from the scene or operations and is most enthusiastic thusia over the outlook the well is now about feet deep and the drill drips with oil every time it comes to the surface everything is looking finely and an early strike of oil in quantity is predicted by the driller who says that he does not expect to have to go much farther milton mcwhorter manager of the mcwhorter oil refining company of bakersfield cala has secured a large tract of land in the green river oil fields mr mcwhorter who favored the mining review with a pleasant call last saturday is enthusiastic over the outlook for the oil industry in this state and it is quite certain that he will figure extensively in the coming boom in this commodity in utah price p CAd advocate T D rees a member of the utah state land board was in price la last st night from the oil fields in emery and grand counties where he has been making loca locations tiong of school sections these lands will be appraised by the board and after advertising in the local paper at the county seat will be offered to the hia highest hest bidder he has great faith that great oil deposits exist throughout eastern utah price advocate sixty seven oil location notices were filed with the county recorder at vernal ane one day last week this makes in all over two hundred locations that have been made within the last two weeks and it is expected the number will be materially increased it will be remembered that each notice costs seventy five cents for recording therefore up to date over has been paid into the treasury for recording D P williams prominent in provo min jug circles was in the city last week and favored the mining review with a pleasant call mr williams is heavily interested in pil gil lands around sinbad in emery county where with his associates he has acres of promising ground a portion of which will soon form the basis of an incorporated company he is enthusiastic over the oil outlook of that section and believes that the th surface indications cannot be surpassed an any wherein where in the west and on the strength of this and the activity in the green river country predicts a great oil boom for utah in the near future mr L W ely who is an expert on oil is associated with mr in his oil enterprises and he Pro pronoun ces the sinbad oil fields as the most aror promising hiis he ever inspected the white star oil company at a depth of feet as mentioned in the last issue of the review encountered oil strata and it is stated that thai if sinking had been discontinued at this point a pumping well of 20 barrels capacity would have been the result As it is the company is going deeper to tap the oil measures at a greater depth the company is is operating near the mouth of Spanish Fork canyon A great deal of interest is centered at the present time in the piedmont oil fields in uintah county wyoming and this section is the scene of ever increasing activity rigs have been ordered and soon drilling on an extensive scale will be the order of the day in that locality the oil so far as tested is shown to be of excellent quality and it is claimed that it has a valuation of 5 a barrel in the crude an analysis of the oil at depth shows 60 per cent illuminating oil 15 per cent gasoline and benzine and 14 per cent the first well sunk at a depth of 1158 feet was estimated to have a 40 barrel daily capacity without shooting the sunday morning oil company has been recently incorporated on the sunday morning and bonita groups containing 1200 acres in the green river country the property of the company covering two miles of an anticline and containing an oil seep the company will purchase a standard d rig and will begin operations at once the capitalization is placed at shares of 1 each fully paid and non assessable shares being set aside for treasury purposes or working capital among the directors are S L boggs R L colburn H B cole and C E peyton the oil lands owned by the company have been carefully selected and are believed tobe to he gilt edged J C gladden well known in business and mining circles throughout out this intermountain region has opened an an office at 15 west second south street mr gladden is heavily interested in wyoming oil and with some heavy capitalists has organized four companies on oil lands in spring valley in the piedmont valley oil region fifteen miles northeast of evanston the capitalization of each company being shares it being the intention to dispose of only shares in each company mr gladden is enthusiastic over the outlook for the oil industry in the loc locality alltY named and states that within a short time that section will witness a great oil boom the board of directors of the piedmont oil company held a meeting on the int at piedmont wyo and appointed a committee of three to have general supervision ing operations A complete standard rig has been purchased and the company will drill on the north half of section 4 township 14 range right between three strikes of oil kilpatrick bros have two standard rigs at the west vest end of the aspen tunnel on the new union pacific cutoff cut off and warren co have commenced drilling on section 28 which is s one mile north of the union pacific well in which some of the finest oil ever found has been found excitement continues unabated in the wyoming oil fields and the land office at evanston is crowded daily with locators and purchasers of land vernal express S D colton came in wednesday from a trip to the white river country and the vicinity of the oil fields near the utah colorado line mr colton states that the bakersfield california company that has located a great many thousand acres of ground in that section expect to have machinery on their ground inside of ten days to begin operations he also states that the company has contracted with mr horace coltharp of rangley for the erection of several buildings on whisky creek where the first well is to be driven according to the plans of the company mr colton states that the interest in the oil fields seems to be on the increase and the indications point to some active prospect work during the summer he however reports very little moving in the gilsonite fields at present on friday of last week representatives of oil companies owning property in the fossil wyoming oil fields met at ogden and organized the fossil consolidated oil company with a directorate as follows P J quealy president ed mccarrick vice vice president george kelley secretary frank pfeiffer treasurer C S kinney frank ball J M sights S S smith and M D Ls lessenger each company represented is assessed a certain amount per acre on the land they hold which goes into the treasury of the company for development purposes the object being to sink a test well which if successful virtually assures the success of adjoining enterprises the following companies were represented at the meeting wyoming utah oil co S S smith ogden ogden fossil oil co george J kelly kemmerer oil and development co edward mccarrick phelps association of california M D lessenger pocatello oil co frank bail ba 1 1 the C CS S kinney co C S kinney enterprise oil co J M quealy fossil oil co J J driver california oil association P L griffin pocatello manson oil co E J dollbeer opal oil co P L griffin at a meeting of the directors of the standard oil land company held in san Pran francisco cisco on the dinst it was resolved that in view of the large amount of development work already accomplished and the rapidity with which the same is progressing that stock in this company from a conservative estimate is worth far above its present selling price of ten cents a share and therefore the price of stock shall be advanced on the of july 1901 to twenty five cents per share mention has previously been made in these columns of the nominal price at which the shares in this company have been selling for and we have been of the opinion that this price would not long be maintained maintain edi as the company has a big acreage in one of the best oil fields in california while commendable activity has been displayed in the pushing dushing of development work and exploitation those who have not taken advantage of the opportunity of acquiring stock in this enterprise will have until july to get in at 10 cents a share the company invites the closest scrutiny and investigation and is always willing to show its resources persons of moderate means should investigate this opportunity before the proposed advance is made in the price of stock |