Show K fm FITT A baxter people to sink deepest well in the world at rangely langely Ran gely the deepest nl cil well in the world is to be put down in the Rati langely rangely gely oil field five thousand feet one mile towards the center of the earth is the distance that C 0 baxter and associates propose to go before they quit unless they find a gusher near the surface Arrange arrangements monts are now being perfected and work is 13 to begin right away many oil experts men who had experience peri ence in other fields are of the opinion that these fields will one day it idd id thousand thou aard sard of gallons of oil the companies interested in that section have plenty of money behind them and the men who compose the companies are not afraid to put it into the ground where thero there is the slightest chance for returns oil magnates from various portions of the country are becoming interested and there is no doubt from present indications but that there will be an oil boom which will spread from one end of this basin to the other hundreds of location certificates aro are being sold every week and much land is bein being located mr baxter and associates have a large territory 2600 2500 acres C H judd who represents a number of money mone ed men in los angeles and aind who has been here for several weeks recently returned from the rangely langely country ile he is so well pleased with ith conditions that ho he is 13 going to recommend the sinking of a number of shallow wells ile he is not in favor of going so deep at present as the baxter people are figuring on going mr judd and his los angels people have control of 1200 acres in the rangely langely field his idea is that a well which J will produce five gallons per day v A be a paying proposition the refined oil is 13 worth 4 per barrel and the cost of refining here is two cents per barrel while in california the cost coat Is ia seven cents per barrel the judd people are going to make tests with one and one half inch diamond drills the baku oil company is being organized by local people who have control of acres of land located about three miles to the northwest of rangely langely Ran gely to be exact the land is in what is known as the stinking basin raven park oil district tho the company is to be capitalized at shares of the par value of 1 per share george 11 II mulvey is president byron D vice president N J meagher secretary and treasurer A rig with a capacity of of 2600 2500 feet is to be purchased immediately and sinking will begin just as soon as the machinery can be shipped it is figured that feet per day can be bored tho the people of vernal and vicinity have so much faith in the concern that there was no trouble in raising all the money necessary to purchase the machinery and begin operations it is claimed that hunt and his associates now have more than a dozen shallow wells down on their property which is located near the holdings of the baku people these wells are producing geologists claim that in this rangely langely country is one of the four I 1 10 0 feet domes in the known world and this dome is ia more important than either of the others this rangely langely dome it is estimated contains 60 50 square miles the other three domes are located one at beaumont texas one in alaska and one in russia and their fame as producers is known throughout the width and breadth of the earth they have given up from their treasure vaults millions of dollars on fourth page FEET twenty two years ago hayden the great geologist reported the existence of the rangely langely dome and since then many experts have examined the country and made favorable reports I 1 here seems to be no doubt that the dakota sands are there under the Cu colorado lorado and montana shale the colorado a shale hale is 13 1500 feet from tho the surface and the montana shale is about 2000 WO feet from 1000 to 1600 1500 further aro are the dakota sands this sand belt extends from texas to dakota parallel with the rocky mountains As above stated oil has been struck at shallow shallo depths but no gusher it is expected that the gusher will be found either in the colorado montana shale or in the dakota sands in such quantities that it will flood the country let us watch the developments one thing is certain millions of money has its eyes on the uintah basin |