| Show deep test at rangely langely will be drilled this spring by denver interests there will be much activity in the langely field when the winter season Is 13 over Nl estern ol 01 leasing royalty compa if an organization of 0 grand junction men having ex holding holdings there announce the closing of contracts with denver in teresta tor for the driling and develop ment of 0 the oil resource resources on part of their hanzely holdings the cn contracts tracts provide for the be ginning ot of actual dilling operations operation as early in the spring as all climate condi timas will permit and feet of driling must be accomplished by the contractors before nov 1 1927 in addition to the drilling drill drilli lne nr and alla development of the shallow oil off resources the contract contracts provide for or a jeep deep test well to the dakota and other underlying formations in the event either ot of the three major companies now noa operating in that field should find and a commercial well in the underlying formations langely has long been a producer ot of high grade oil from shallow depths some of the wells producing as high as barrels per day and the structure Is considered one of the largest and most perfect oil domes in the rocky moun mountain tala reg ion at he the present time the ali mil I 1 west texas and associated oil companies v are ate deep beiting for the mother pool believed to exist in tha the I 1 wr w r for formations mationg denver mining record |
