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Show Active Work Starts On Oil Drilling ."The residents of Ephraim and throughout the territory which will be exploited for oil are highly elated over the campaign that has been started for developing oil," said Frank Settle to a News man Tuesday. ffr. Settle was here on a short business busi-ness visit, and in speaking of the activities that had been started continued con-tinued : "The first well was started last Friday, the contract having been awarded to Emil Rosenvall of Gunnison Gun-nison and Texas associates. The first 'well will be sunk to a great depth with a view to ascertaining the stratification strat-ification and formation, and also in the hopes of encountering oil. For the past year or more experts have been on the ground and the preliminary prelim-inary examinations are highly encouraging. en-couraging. Some 30,000 acres of laud have been secured by a coterie of capitalists and expert oil operators from California and Texas, and sufficient suffi-cient capllal has been asembled to carry out (he program of development develop-ment on a large scale. Those of the organization are very much pleased with the progress thus far made and the activities are attracting many capitalists to Ephraim." Mr. Settle stated that Just as soon ; as the weather conditions Would per- mit and another rig could be gotten j on the ground, several other wells i would be started on the property leased by the company of operators. I |