Salt Lake Telegram | 1921-06-02 | Page 10 | Carter Gets Land on Huntington Structure

HE SALT LAKE CARTER GARTE GETS LAND LANDON I ION ON HUNTINGTON STRUCTURE Many Transactions in Oil Oi Leases Near Oil Oi Well WeI Are Reported Special to The Telegram tram PRICE PRICE B. B June June 2 While While work ork has baa ba been leen en suspended for several days day at the Ohio company's well wel at Huntington ostensibly as a a. result of the reported slight which It was wa stated made a a. a fishing job necessary representatives of various concern concerns concerns con con- cerns cern have bave been ben thel actively engaged In buyIng buyIng buying buy- buy Ing leu leases el on the huntington dome at a Price ranging from 30 to 35 Hl an acre It I Is I. positively stated that among amon the buyers of ot these thes leases leacea Is the Carter Cute Oil 01 it i Is declared has company which II hal acquired a considerable amount Amount of ot holdings holding on the dome O. O H. H Guymon proprietor of the Price Cooperative Co Ce- I op operative Mercantile r Institution fiu I J one r of the largest mercantile stores store of ot Price sold lold eighty acres acre of his hi holdings on the Huntington Hunting Hunting- ton dome to a 0 Salt Lake concern concer the con consideration consideration con con- on- on being 20 10 an acre I The Tho Shell e Oil company a corporation of Delaware a and a subsidiary J ry to the at Royal y I h of Great has ha Dut Dutch Shell Shel company compan Britain ha acquired an oil 01 lease leale on a section of land landIn In the vicinity of ot the Farnham dome I The machinery ry of the tb Carter Carer 01 Oil company com corn comI I pany has hal been unloaded from the tha railroad cars and haulage of or same has started to a the car well site t on the San Rafael a swell e S. S W. W I Gibson o in n charge e of nth the hauling I operations er lo states that the well will wi be drilling about the middle of June About ten tn oil 01 geologists are working In Inthe Inthe inthe the field feld close In to the city of Price makIng making malting mak malt ing examinations for oil structures for fOt some of the prominent oil 01 Interests of ot the country Interest In the Huntington dome I Is not confined to Utah alon alone alonA A telegram from th the shipping board at Washington was waa re received received re- re b by the chamber of commerce of Price asking for confirmation of the recent report that oil eli 01 was brought In on the Huntington dome