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Show LAi:(iE BODV OK OIL EXPECTED AT 1200 1'EUT Savs the Western Mineral Survey: There is little change in the situation sit-uation at Virgin. The company has decided not to drill any additional weils there until the present deep ie,i is completed, which is being made by the Virgin Petroleum corporation. cor-poration. This is a California syndicate syn-dicate and drilling Is going on with the confident expectation of tapping a large body of oil in the sands be-0 be-0 1200 feet. Mr. H. Stonehill has charge of operations in this section. Tne company has recently installed new equipment of tools and is now drilling at a depth of about 700 feet in a 10-inch hole. The shallow oil sand struck at a point less than 500 feet was cased off and is reported that the test will continue on until the lower Pennsylvania sand is penetrated. pene-trated. Where this sand outcrops it . is highly saturated with Hurricane Fault, a few miles from Virgin." |