Show II NEW COMPANY READY TO DRILL NEAR JUAB JUAD Bullfrog Clark and Railroad i Officials Prepare to Start Work THEY HAVE FAITH IN FIELD Report of Expert Exper Convinces Clark It Is Second to None in iii il West West The rue Mt It Nebo Oil OU company compan recently formed b by II 11 I. I H. H Bullfrog Clark Clarl and of or the Salt Sal Lake e route is preparing preparing to lo start the work orL of drilling its Is first well wel in the Juab oil 01 Hold Mr Ir Clark lark whose oil 01 operations heretofore have been confined to the tue Virgin region recently had an expert put In two weeks making ng a thorough examination of or the Held IbId and so favorable fa was the report made mado upon it I th that t Clark lost no time timo in Identifying himself with wih th the tho railroad people In In Inaugurating Inaugurating In- In au active development work Not only are alc the oil 01 in indications of the Juab Held field said ald to equal those of or oran an any other field in the West Vest but Its Is lo location lo- lo cation caton with wih transportation facilities at hand is Js greatly in its is favor On this feature the lie prospectus J issued ced by the Mt lI Nebo Oil OJ com company pan sa says s s Juab Jual Is Js only mie miles from Salt Lal Lake CI City and the development of SaI oil 01 or 01 gas a in these lands 1 H will wi mean a H i LjJ ju Jil me tHe LII luei LUt system of 01 Utah's capital as well wel as with tho the various transportation lines centering there hero Therefore there exists a first first- class clas market for an unlimited output of oil 01 within tho lie radius of or a a. minimum freight rate rte As iS all al of the Western estern railroads are arc equipping their eJ engines Jnes for burning oh oil 01 as fast tast as a supply Is obtainable burning it Is safe to say sy that when oil 01 is available avail avail- able to supply these wants the railroads rail rail- roads of this region will wJ consume rai- rai 50 barrels banels per day lay One Ono road alon aion to supply its is California divisions has las contracted for ten million barrels in California fields felds As wo have four trunk lines here and several branches now burning coal at a R cost of from 4 H 4 to 7 7 per ton ton a largo large market market mar mar- ket in this line Une would undoubtedly de de- de- de Tho The in Industry would uso us from two thousand to three e thousand thousand thou thou- sand and barrels barels n a da day Mills lis factories office buildings gas as and electric works brick J kilns ins tile te factories etc would bring up the grand total to at nt least lest ono hundred thousand barrels a da day for tor fuel purposes In al addition addition addi addi- iton i- i tion ton to lo this a a strong independent company s stands read ready to erect large refineries as soon foon ns as a n supply of ot the crude oil oi can be bc guaranteed and they would woul havo o hA the entire mountain Inter country countr for a n market as the California Call Cali Cal Cal- fornia Cornia fields one thousand miles mies I aWa away with high mountain ran ranges es in intervening In- In and tho the Kansas and Oklahoma Oklahoma Okla Okla- home homa homa fields fifteen hundred miles mies away with wih another range of high mountains Intervening would on account account account ac ac- ac- ac count of these physical conditions C be unable should they ther desire to pipe their oil oi Into this territory the tile only manner in which the they could transport it at a minimum cost It I Is the Intention of ot th the Mt Oil on company to have hava a well boring rig rig on its Juab holdings b by October 1 1 The he officers and directors of the thc the company corn com I pan pany are re H. H H. H Clark president J. J I H. H Burtner vice vico president Frank Knox treasurer Stanley Whitehead secre secretary ry T. T ai M. Sloan and F. F J. J Wheeler the tile last two named being Los Angeles capitalists |