OCR Text |
Show CALIF. OIL SYNDICATE SECURING CONTRACTS Geo. B. Hancock, representing a California oil syndicate, was in St. George Monday and Tuesday of this week secured a number of option contracts on prospective oil lands. This company is already established in a number of states and if successful success-ful in getting a sufficient acreage will commence drilling in Washington county. The proposed leases provide that drilling operations shall commence com-mence within three hundred calendar days after the date of the lease and continue thereafter in a substantial way to develop the entire area included includ-ed in the lease. It is said the leases offered by this company contain many favorable features fea-tures to the land owner. |