Show Report Made e on onil Oil il Enterprise Second Well Wel Wellon on Bullion Bullon Holdings Nears Obe Ob Objective Ob 01 e i e Cl dim Claim ClaimAn ir irAn An encouraging report report of th the the- theol ol oil ol drilling operations under way in the Coalinga Cal Cat field by the Bu Bul BuX- lion lon Mining company was given by M. M I. I A. A Pritchard manager of the oil oi development nt work Friday nighat night nigh at a special meeting of the board o of directors in Salt Lake Mr Pritchard Prichard reported that w well wel l No 2 which has been in progress for more than three weeks Is down to a depth of feet and the drillers drillers drill drill- ers are making 2 20 feet a ada aday da day The well well-is wel-is' wel located approximately feet from feet from No 1 w well l which came ame In as a producer of approximately 20 barrels daily daly two months ago Mr Pritchard Prichard assured assured the board that the second well wel would prove prove equally as as good as and that tha production probably will wl be had hac about January Januar 15 Holdings of the thc Aetna Oil Oi company company com corn pany adjoining the Bullion n holdings in the Coalinga field feld have been leased to a group of California oi oil 01 operators and drilling will wl be started started started start start- ed soon after the tile first of the year according to Mr Pritchard As soon as drilling Is Ia commenced on the Aetna ground and the second second sec see ond Bullion Bulon well wel is completed a pipe pipeline pipeline line lne to handle the production Is practically assured Mr Ir Pritchard declared The Bullion company is operating in conjunction with wih the Progressive Oil Oi company of California and both companies have agreed upon the selection of a site sie for a proposed third well wel which will wil be started Immediately im immediately immediately Im- Im mediately upon completion of No 2 2 |