Show PLANS OF GIANT LEDGE OIL WI COMPANY Of INTEREST TO 10 BASIN t. t j i i i I i Mr C C. C duy Wakefield president of 1 the Ule Giant Want Le Ledge e Oil Company jn jil a special interview with tb tho l Free Fee Press in Salt Lake said re- re development wor work in this section The general public are go so tomed to lo looking locking at oil oU development develop do ment mert and considering it about the lie same as a horse race or a poker game that it is difficult for fOl tile the average average aver aver- age man to believe that It St is pO to conduct an oil development business busi ness as an ordinary business on found economic lines according to lo i t definite plan They seem to forgot forget completely that the structure ban hM been there for Cor several se million years rs and act like me It is liable to get gel away if it isn't drilled immediately The They apparently do not realize that thai it Is better hetter to let Jet it sta stay there for or six months month longer longcr than to plunge in and ami unc undertake to do business in an nit un- business DuS like wa way This very attitude of or the Hie public sometimes spurs pulS companies corn con panics on rm and results in their failure Take rake our operations on the Leland Leland Le- Le land well to lo dale dato a as an illustration I We e do not doubt but what many un- un thinking persons will believe that un I wo ive have JUl abandoned op ions thero there j jI because we are are not there lo- lo lok looking k ng at zit atit t i I Ii it minute The it o ev y minute I I person will instantly sr say siy that if our I operations were to be to toi i what two or 01 three mOn men could tb do In a j I district of only scattered iones lon es with no more avenues avenues for loose Jooe wealth to tobe tobe I Ibe be a available for inv investment than a aI anew I I new country like I the basin that it it I might might- as well be as az it lt never ne would grow row above the penny lenny ante class I It takes lots of money ti to to successfully successfully success success- full fully drill an au oil well It It takes take n a 1 lot Jot t. t more more re if the co company d rt kes i to lo start starl up go as far as their little i I money will permit then shut down I jand and start U up again raise ra some ore more money ney This Is one of bf the greatest hazards ha in iii the oil on business busi- busi bust busi ues ness and wh wiry why we e a advocate that the I stock stock of a cHu company an which h is dependent depend depend- ent on the results of 01 a 3 well they arc I going going- to raise the drill drillis th is a a avery a very poor POOi in investment t The rho sort of oC oil Investment e t that we wo advocate Is embo embodied in our oil clubs which gives the inY investor Stor the II right to the the oil In Inthe the lands around a a. number of or structures and and males makes hint him independent of or tIle operations I of ot the company compau t E felling I Interest cst I II I or r an any of the On sales sal made b by byus us us to date data four of or the structures ar are now I being ing developed and tho tile lilt lilt-h Skull creek is' is nailer contract Ct to l b be d developed JOp The Thu results re re- re suits so so far as the Investor is concerned concerned con cou here i is not dependent at atall all allon allon on anY anything we e as as a company do in inthe inthe the of way drilling Our sales sales' oT or oil oil clubs clubs lus this this' sir sum suni m mer was vas hi In the lie of a n demon 1 T Jr Uon of the the nit o of this this- kind fl of Gr f an article wilh citi ith the general pub pith lic We 0 did not expect to raise through through the the efforts of or orm m myself seIr and ind I two or three inexperienced d men sufficient sir suf r- r t it money with wilh with which to lo do very vary I much development wor work We put hut work done there more than what all tho cash received reedy reedy- ed amounted m to We Wo did not make any money moDey out of it to for ourselves but we did prove that what we offer Is Isa Isa isa a salable commodity Now the next question tys S is to market market market mar mar- ket it We dO not mat need to con- con tie f ourselves to th the basin or anywhere anywhere any any- where else People in New York want to make money j just st as as' much as al the ones in the basin It means a great greal deal more to the people of or Uintah basin Dasin for us to p pour ur in to the basin basina a l lot t of oJ outside money with which to do lo the development work needed than their to limit our operations there thereto to tie the amount of or development work the money they are arc able to put up would doThe do J The people of or Uintah basin are extremely loyal and and- believe In their theli country an and go the limit In assisting to develop elop It and its but their resources are limited What is needed out there Is a a. lot of outside e money mOlley and and we propose to bring it to the basin The people there have llave showed us the wa way lo to do it or 01 rather approved ed our way of doing dicing It Now Noxy ouy we e propose to go out all over vcr the Ute n nation na ira- i lion ion to get the money moncy to to- bring to the I basin to lo do its ils work We are now engaged n a ed in preparing preparing ing the literature l to tell the story I of Uintah ba basin i to the fart farthermost t parts of or of the Ule world The literature I wo we are getting gelling out is class from kiver to hives kiver It is b being ing pro pro- pro pro-I I It pared under tho the t supervision or of tim tho larg largest Institution ln iJ in n n t le world that I j I makes 1 a a t specialty of or mail literature DuLl anil sales material We We- expect the theart theart theart art work alone to to- cost about 2 2 In all my exp experience in this ibis 1 I t i J business I have havo nev never r seen anything mythin like Liko what we are now preparing in I print and whenever this tIlls literature shows sh ws up in Iii a a mans man's mail mail box box he will think think that thai s has ed it It will vill be he a a fitting filling of the wonders o or othe th Uintah Uintah b basin The manner manner of of ofu u use of this this campaign campaign Is also alto entirely diff different rent than what Js ls usually done and will ill b be such a- a 35 as ato to produce produce- the real leal results i I feel fed j the tho question of Uintah or-Uintah r b basin sn d development devil devel v lis l- l is s solved h cd au and the the- people of Uintah Vintah basin hasin have solved it by the tho manner in which Ith they o received our oil clubs cluba this summer The lIe f. f 1 work or which Jl we we accomplished this summer r wU wI be there lucre ready u. u us u-s when we get I th the m- m money ncy to coming corning in ire so that thai much 1 is d done dome HC We Te dont don't w want wanta n na a motley money ney we wa i 1 1 of of v jh lt 1 I which winch to drill and nd lest tet e the tji basin uHl J really find thud out j just l t what there I I is there and do 10 it ri right nn and J wo we are Me h be ben that that money y will m w available n ile in vc ve y j near t future j I I For J the information m of or those tho o i ii in interested J j I tor in n. n the tire Skull creek cree and nd JIO 1 Ivi O 15 W W pr tl the Ibo Matador or Oil OH c company is Hi i I Ill ll irid fil l contract to drill It ft l it iH t mo nio S thy say y I i tha th tIe Matador r company made aj r 1 con r ct for rol sale pf pt their oU f 0 j I Ilie tho lie Sinclair lr Company and cua tJ 1000 P pot 1 d lay day y I tho jon t Railway ay I. I j To which adds ridd that much n more r st sl steady i Income th t. t company nu and aud I 1 makes them them still sun stron tr than hero hero- here I This Is s one of ot deals I Imade Imade made and antI should be lie remembered I along wilh ith b t the l Mau MauIe Maude Ie Ellen Elleu opera overa I ton il it t Vell c l whon l' l anyone e i W whether el I a am n accomplishing a o anything lugIn lug lug- n r rIn r In th the way of lor the ba- ba i 1 sin f f r v 1 f t. t tJ th r 1 is la som go good d' d t Information J 1 about t i both l ui the i I T x f n w t t.- I and the Ven- Ven Veit l lt t lure Ij 1 bit t since it came to me mei i I h J j J I t. t c 1 i I t I t 1 1 1 t tuy uy Iam Irini not not J l' l t t ta disclose ose it further than w to y t I i f I 1 it Is ls po t and i SO gool goel 1 I I Let th the people of the basin havo v r a it l j patience e ce r There 1 Is i J 1 v t I l. l dU dUC C bIG doing I b. b and not a groat I ii deal l rl al Ji tn Said Som Something is Habla t f t I. I I llo t to b break r out ant th ro n t t liat w will U a atmosphere o rab I more roty than It is at present t pr cc t J 1 i |