OCR Text |
Show t a " OIL NOTESReeder NOTES NOTESReeder Reeder Corporations No 1 State Statewell Statewell well \ \ ell located on the Salt valley valleyantlchne valleyanticline valleyanticline antlchne anticline about a mile ml1e south of the theold theold theold old Crescent Eagle \ well \ ell is report reported reported reported ed to be bottomed at about 700 700feet 700feet 700feet feet The coirpany corrpany company has been dnll drill dnllmg drillmg drilling mg on 011 tour for the past t\\ t \ two t0 0 weeks weeksand weeksand weeksand and exceptionally good progress Is Isbeing isbeing isbeing being made The objective is said saidto saidto saidto to oe De the Dakota Dab.ota Dabota . sinds s'lnds slnds sands ' which which'Sh0Uld whichshould whichshould 'Sh0Uld Sh0Uld should ' be encounteied encounteled encountered above 1000 1000feet 1000feet 1000feet 1000feetThe feetI feet I feetThe The Big Six Oil 011 comp-inys comp inys comp\ny ny companys ' \ - s well wellon \ wellon \ ell Ion ellIon on the Saltalley Salt valley \alley alley talley \ anticline ocat ocated ocated ocated ed about two t\\O t O \ , miles mIl's mIls ' northeast of ofI ofValley ofValley ofValley I Valley City is closed clo.ed cloed . clo dovn clon dorn \n n \ at 525 525feet 525feet 525feet feet The company is perfecting perfectmg a aleAse alease alease leAse under the nefederal new ne\\ ne \ \ federal regu regulatIOns regulations regulations latIOns latIOnshlch which \\hlch hlch \ hlchent \ went \\ent ent into effect caect the thefirst thefirst thefirst first of the year year jear and expects to tobe tobe tobe be able to lesume 1esume resume operationslth operations \\lth lth with within \ within lthIII III in the ncxteek next ncxt week \\eek eek \ \ or t t0 too tooThe tvoi \0 0 \ 0I 0Tile I Trie Tile The Cane Creek Oil 011 eomp'lny eomplny company companytest eomp'lnytest compinytest ' test on Cane Creek dome down downthe downthe downthe the Colorado liver river from Moab IS ISclosed isclosed isclosed closed do\\ do down don \ n temporarily temporanl jending pending jendingthe pendingthe : pendingthe the perfecting of its new leases leasesI leasesThe leasesThe leasesThe I The co corpany rpany plans to cement cas casI casmg casmg casing mg and carry the hole to ro thp the thf3600 I I 13600 3600 foot depthhere depth \ where \\here here a gushersand gusher and 'and sand 'andas < ' < = \ was \\as as encountered in tlie the Shafer ShaferI ShaferpIOneer Shaferpioneer Shatetpioneer pIOneer well The hole Is i & : . bottomed bottomedat I I at 3260 feet At the present time timenvel timeriver timenvei nvel river transportation to the well is isp isat ist p ? at t a stindstill st'lndstlIl stlndstlIl standstill ' due to ro the nver river nverI nverbeing riverbeing riverbeing being frozen frczen over m places Sup Supplies Supplies Supplies I ( I plies to the crew are being trans trans'ported transported 1 1ported 'ported ported 1 ' ported by pack tI tiain train aln over a horse horsetrail horsetrail horsetrail trail trailI I |