Show EL REV REY TO T COMPLETE CON FIRST WEL WELL I Officials of of Two TwoS TwoS S. S L. L C Companies Corn Com m- m panics in Bridger Butte Bute Dome Work Agreement l Final inal papers were signed this moring morning between officials of the Wyoming Consolidated Con Con- Oil 01 company and the El EI Roy Roy- Wyoming Oil 01 com company pan both Salt Lake companies by the terms of which the latter later company will complete the Initial well wel of oC the Wyoming Consolidated in the Bridger Butte Bute dome of Uinta county Wyo The rhe well wel which Is located on section 4 4 township 15 north r l r range l west and about hr six miles 1 duo due e west r of Ft t Bridger id r now flow is down 1750 1730 feet with wih strong stong showings showings show show- il ings of ta both oil i a and gas The l agreement m mt t calls Ia for r the additional drilling drilling- by the El Kl Rey Wyoming company campany to 2500 feet If necessary to strike strite the oil 01 basin in what is known as the Cretaceous Cretaceous Cre Cre- formation J. J I F. F Bowman treasurer secretary of oC the Wyoming Consolidated in con confirming the report of the agreement stated that the arrangement was considered advantageous advantageous advantageous to both companies In view of the fact that each has extensive holdings in the Bridger Butte dome and that the Immediate proving of the field feld would be bc beof beof of equal benefit to both The El Rey Roy he said had been preparing in ing Into to drill dri on land adjoining the Wyoming Wyo WyO- ming Consolidated pro property pert but it will wl now devote its energies for the immediate immedi immedi- ate present to completing the Wyoming's well WEl in which It i will wi have an interest under the drilling agreement ment Clements Cook fiscal agents of El EI Rey- Rey Wyoming They also confirmed the re reported reported reported re- re ported agreement They stated that a as s supply of casing would be obtained at once the rig of or the Wyoming Con Consolidated Consoli soUr soU- soU dated e strengthened e sufficient I t to go to r the depth ep considered I d necessary A and n that h the work vork of oC drilling would be resumed under the tho management of the El Rey Roy company within a few days and with every prospect of success |