Show SHAFER WELLS APPROACH interesting HORIZONS AS DRILLS POUND 0 o 1 discovery well at depth of feet believed to be nearing sand no 2 at 1500 feet should soon tap oil and gas zone the frank shafer no 1 discovery yell on cane creek dome penetrated a stratum of black shale thirty feet in thickness the past areek treek and the indications point rather conclusively that the drill is nearing the bottom of the salt formation chich was entered at 2065 feet in all about a thousand feet of salt aith occasional strata of shale has ln cut on saturday the drill entered a bed of black shale which con tinned for thirty feet during the past few days the drill has again been cutting salt but the formation aimes a considerable proportion of thale and gypsum and it is apparent that the bottom of the salt horizon u near at hand the depth this morning is about feet it is probable that 6 casing will be run duang the next week the pipe will be cemented m to shut out the water red above the oil sand at 2028 feet which could not be shut off at that level because of the collapsing of the ial mch pipe with the running of the casing the size of the hole will ie reduced to six inch if it again becomes necessary to run casing five inch will be set the J H shafer no 1 well on shafer dome is still drilling in hard lime aad the progress continues to be slow the depth this morning is 1500 feet it is probable that 10 inch casing will be run in this well within the next hundred feet or so as the lole is still being drilled wet there B some likelihood that a gas and oil will be encountered within the next feet in the no 1 well en cane creek doroe a strong fiovo of wet gas was brought in at A depth tf 1410 feet and had to be budded mudded iff before drilling could proceed this erne stratum is expected n the sha fc well at about 1600 feet it would wt ie if the gas stratum earned some oil in the shafer dome ten progress from now on should be considerably faster on the no 2 well the no 1 cane creek test drilled fast after the 1500 foot level was reached mi feet of hole being made the last month of drilling prior to bang B in the gusher flow of oil at a t aith of 2028 feet in that well ere were almost continual oil and a showings after the depth of 1600 lett was reached and the same situ stion will doubtless prevail in the M 2 test |