Show SHALE LI mound GROUND HOLDS OIL olli VALVI 14 I 1 AT 2 TON IN 1 it ie Is not possible 1 to estlin oat linato ate with exactness the value of oil halo shale depoo its thie this Is in not duo due to the fact act thit the size of tho the veins veltis cannot bo ip gp proximately measured but to he the fact that oil halo shale has not yot yet been treated in sufficient quantities to obtain exact figures at tho the pre tient time shalo shale deposits alts are ang bang b saiji by tho the aero acre at prices ranging from rom a fow dollars up to as high ag as per aero acre this crude method of measurement answers present purposes as prices represent ont only a noni nom triai proportion of tho Int intrinsic rills ITC value coro drilling measurement of steep cliffs and numerous tests of shale taken from various veins would indicate that in the proven area of western colorado that hero there arc are at least feet of oll oil shalo shale lodges ledges that are rich enough to return in excess of one barrel of oil to each ton of shale A ton of shala shale represents ab about 0 ut twenty cubic feet there are tons of shale on each acre of ground provided the shale shat eveln vein Is only twenty foot feet in thickness As estimates by reputable engineers place the tile total thickness of the veins at feet it would seem that there are tons of shale in each aero acre of ground A company having two to full sections sec tlona of at land and or 1280 acres may count I 1 ilg to assets at tona tons of workable or kable shale if it this shalo shale can bo be treated at a profit of 92 2 per ton such a body of land has value in excess of estimates the denver shale |