Salt Lake Tribune | 1919-05-22 | Page 17 | Wyoming to Get Heavy Royalties

E fTOMING TO GET K HEAVY ROYALTIES jrtt:: :;tVENNE. Wyo., May 21. As a re- n CiJ ' of in agreement entered into today - ::,. tho state of Wyoming- and te 1 RK, :e;t Oil ooinpany the &tato lr(.'nsury ; Ojl ; enriched by neiuiy $,000.00 1 in 1 -.''.fa from oiia section of biate owned ilcrv"; 'Mi in the Salt Creek iie!d near M ; rr. U nder the former I e n i -.j g ur'- t :..-::;t, the state received one-eigiitn i iiruduotion, but under tlie agree-j agree-j - 1 made today by the state land c-xk- ,,j vu officials of the company the J1-- will receive one-third oi the nil -irel Officials of the board esti- ! that at least 5.500.0(". barrels of uih oU-'-'- 'Jat 1.50 a barrel will be produced , . :'v. property durinrr the five-yeH.i' t,A- 0f ho oa?e s'cned today. The .. . ;7.rnt contains a provision tht the Y-,. Oil company must immediately i's production on tho property t ; ;(! liy the lease.