Deseret Evening News | 1904-04-09 | Page 6 | Oil on Promontory

OIL 01 ON IU t TOH Ogden Company totting letting Splendid Io Ito 10 1111 nt III II Shore II The he befit heet information to 10 reach local oil 0 cIrcles In n a 1 long lon time line Ile WH uvas nH the news brought rota Ogden concerning lut lute latu at It the tho veil 1 chug being heInl slink mink lInkon the time west aide of et on 1111 x by II time the th Great Salt luke Lake A Promontory Oil Oi company Il n In iii II which a I number of ut OI are This company only completed the tile tRI musk ot or setting up UI A n rig about two w weeks ve ki ago IgO but ut rapid progress lias hal been b fl mad 1011 and r ulta have been 1 obtained which cannot help hel but cause rejoicing oil 01 moan Interested In tho do tIe dov v lonin nt of ot the Great Olot Salt SoH Lake Uka vet val 10 nl ley Ie l The Tho drill dri on the tho Promontory It I IB In l tho the nil 01 ut lit lt W 11 0 tell lest depth which on being analyzed Were vere ere found to 10 contain 13 13 33 p pe par r c cent nt petroleum oil 0 ned At 10 feet te I the oil 01 appeared l to 10 ho bin getting lighter In color tho the oil rl contents In creating to about 00 GO t n pr per r cent The Th Promontory company owns OW n mu tract of ot lands along tho shore of or tho the lake and In many places the oil 01 and nd asphaltum oozes from the ground Vice President Predent W D I Will who ho was as In the city yesterday Is much elated over the tile prospects of ot ills his com company company pany Pliny Tho The field Idd has hiss been examined Ly by 1 a number of or experts who havo reported In very on favorable terms