Show OIL FIELDS uintah pioneer oil OH company or by nevada men with capitalization something ng like one hundred and thirty six placer locations have recently been made rear the halt half way hollow between vernal and rt ft duchesne by L L Alus hett W S johnson W 0 lagrange J S JV wilder john T pope D D houtz ad W M hunger it i ja s given out that these vien men propose to prospect for oil in the near future A number of them aro are also interested in the uintah pioneer oil company lately organized it is claimed this company has acquired a large acreage of ground near the property of the tunnel oil company and that a plant of machinery is soon to le be installed and that oil wells will be put down the intermountain inter mountain republican publican Ke of salt lake has been filling its columns of late with what it calls exclusive articles about the wonderful exploitations by nevada and utah men in the uintah oil fields and of the extensive development work being carried on in its issue of jan 26 the republican printed two or three columns which would lead the public to believe that there have been many new discoveries of fields and that a rush to the scene of the excitement may be expected at any time the peo people of this county believe that there is much oil here but up to date the development has been on a small scale and the output on a yet smaller scale such article as those printed by the republican tend to remind one of the wild cats we are of the opinion that they wll wIll not do this section of the country much good the location of the placer ground in the half way hollow is not a startling piece of information That same ground haa probably been located many times be ba fore it has bas been said that these thees gentlemen have located 23 acres of ground in that section in its issue of february 6 the republican has this to say aay As a sequel to the story printed exclusively clu in this newspaper a few days ago giving the history of the tunnel oil company a utah concern that has brought in a producing well and has hail built and placed in operation a refinery the product of which is 13 sold to four railroad companies all this having been accomplished without previous ex in the press the sun tells of the incorporating by nevada and biah utah men of the uintah pioneer oil company capitalized for 1000 shares of the par value of 1 each the officers and directors of the company are W S johnson president john T pope president of the tunnel oil company com pany vice president J tl gregory secretary L L treasurer and james richardson in speaking of the incorporation of the uintah pioneer oil company the sun says the edthe company has control of acres adjoining the ground of the tunnel oil company which at the present time is producing 2000 gallons of refined oil daily W 0 lagrange expert of the company is now on the ground superintending super intending the drilling of a well he says that there can be no doubt that oil will be struck of the character as that found on the adjacent ground for the formation is identical and the seepage marked the oil from the tunnel oil com banys refinery is ia now sold to the denver andrio grande salt lake oregon short line and uintah railroads for thirty cents a gallon and is said to be superior to anything the standard produces the standard wished to take the entire product for a barrel but pope would not sell the oil has many uses and is considered the highest class lubricating oil one of the strong recommendations for it is that the interlocking ter switch company uses it entirely samuel newhouse and other salt lake capitalists it is learned wanted to get in on the deal but pope kept things to himself until men came along johnson and had intended to keep the thing quiet and say nothing until they had their wells down but the story leaked out it is their intention to go ahead and prosecute the development of the territory they are both very much elated with their holdings and are sanguine that they will be able to reap a great financial harvest |