Show FOUR COMPANES TO WORK IN DIAMOND FORK FiElD 1 Directors of Gustaveson Co Co Arrange for Active DeI Development De De- Campaign I Arrangements for an active development development development devel devel- campaign in the Di Diamond mond Fork field were completed at a meeting meeting meet meet- In ing today of ot tho the directors of the Gustaveson Oil company D. D H. H Gustaveson president of the company who returned yesterday from Los Angeles reported that he heI had purchased a drilling rig and a complete string of tools for the com corn I pany The outfit is now on the cars being Shipped to Diamond Fork canyon canyon can can- yon ron where the company has baa 2500 acres of oil lands Mr Gustaveson I also engaged the services of an exi experienced ex- ex driller i i I Mr 11 Gustaveson stated that he lIe ha haI ha I negotiated a lease on 1000 acres s of ot land adjoining the holdings of his company and the Utah Consolidated Oil company to some of the wealthiest and best known oilmen operating in California Texas Oklahoma and Kan Kan- sas This syndicate has already purchased purchased purchased pur pur- chased a drilling rig and tools which are arc being shipped to their Diamond Fork property and should be on th the ground within a week or t ten n. n days f According to Mr Ir Gustaveson a great deal of interest is being centered centered centered cen cen- in the Diamond Fork district and it is anticipated that five different different dif dlf ferent companies will be drilling there during the coming spring While in California says Mr Gustaveson I 1 visited the Ventura Venturas Bakersfield Taft Tart and Maricopa Mari Mari- copa oil fields and after making maling t careful inspection and correlating conditions with those in the Diamond Fork ForIe district I am still convinced that our field will prove among the thi best producers in America The Utah Consolidated Oil comI company com com- I pany pan which has extensive holdings I in the Diamond Fork and arni Spanish Fork fields also Is preparing for tor an an- active campaign with the adv advent nt o of oZ warmer weather The he company al alread already already al- al read ready has a rig in position and everything everything everything every every- thing is in readiness for In addition to the Consolidated Gustaveson and the California syndicate syn syn- the Victory Oil on company also is arranging to drill In the Diamond Fork field |