Salt Lake Telegram | 1927-01-23 | Page 31 | Oil Company Sale Involves Million

J J 0 y Oil Oi Company Sale ij Involves Million f l A Jan 22 AP- AP 1 for the sale of the of the Sentinel Oil on cornIn corn com r Jany in the Torrance and Rose C Cans ns oil field fielde to the Standard Oil comp ny ot of C for a coni con con- i In of a million ri d ars were here today I t Izi announcing the sale of the i oper les F. F E E. E Foster vIce pres- pres S lI nt ot of the SentInel saId that 1 r of the eeds will be dIsi dIs- dIs i i to the as a aro s. s ro 1 of 1 50 0 cel a share par parIot value alue beIng 1 j i iThe The Tho properties old include de f in the field with wells town lot leases In the thet t O Crans fIeld wi h tour four i g wells the Sentinels Sentinel's In a. a acre tOO lease jointly with f the Standard In tie field and its Interest in the E. E t J. J l' l Iley forty acre lease Ju in the same vi I. I t eld The deal adds 2300 barrels a a to the Standard of tI m. m t jd