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Show ST. GEORGE OIL I & GASJO. IN GAP Comes to Assistance of the Virgia M Dome Company to Test Value M of the Dixie Field. M A deal has been mnde by which tho " H St. Gqorgo Oil & Gas Co. takes ov- H cr the operating of tho Virgin Domo H Oil compnny's well on Purgatory H Flat. H The Virgin Dome drillers had H passed through thirty feet of paraf- , H fin wnx sand nnd hnd entered a hard H white sand. After penetrating this H snnd n few feet the cable become so H worn ns to be nlmost useless nnd it H wns decided to close down rather than . H have n fishing job cnuscd by a brok- H on cubic, nnd W. J. Graham, tho prcs- H ident of tho company hnd been put- H ting up considerable private money H for some time to continue operations, H ho did not feel disposed to continue H nnd decided to close down the well H for an indefinite period. H ' Thcro wns probably a feeling also H that tho other companies should do H something towards testing out tho H field nnd not bo content to let tho Vir- H gin Domo company do the wholo H thing. M When Mr. Graham's intentions be- , H como known, the officers of the St. H Gcorgo Oil & Gas Co. got together H and met with Mr. Graham and others H of tho V. D. Oil Cp. Inst Saturday H and talked the whole matter over. H The well hns been visited by Geo. F. H Whitchend, the president of the St. H George Oil & Gas Co., and won H proved to be down 2004 feet, after H which it wns sealed. i H The result of the meeting between H the officers of tho two companies was H that the St. George Oil & Gas Co. H takes over the property for working H purposes entirely on the understand- H ing thnt it puts in n new cnblc and , H continues drilling for thirty days un- less oil is struck sooner. Four thoun- , M nnd dollars will be put into it by tho , M new company unless oil is found bo- M foro that, amount is oxnnmlnrl. ., ,.n ll h .j, , B Tho Virgin Domo officers will hnvo' ' H nothing to do. with the well whila ' H this money is being expended nnd all . . M checks will be signed and counter- M signed by the president and sccretnry M of the St. George Oil & Gas Co. H Should oil be struck in commercial M quantity by the St. George Oil & Gan H Co., they turn the well back to tho H Virgin Dome pcoplo and receive cither stock nt par vnlue for tiic money in- M vested by them, or tho cash will be re- M turned, whichever they prefer. 'H The drilling crew Imn Agreed to M stay with the woll, and any they be- M llcvo )hcy cun put the well down be- H tween GOO nnd 000 feet within 30 H dnys when they have n new cable to , H work with. 1 H Owen Mny, the superintendent at H tho woll, left Sundny for Salt Lake H City to get a new cnblc, on arrival H of which work will be at once return- H lite St. George- Oil & Gns Co. hoa H a well spotted on the name formation M as the Virgin Dome well, so the value H of one will decide that of another on H tho same formation. Anyway, it is a H cheap way for the St. George Oil & H Gas Co. to prove the value of the H ground, cheaper thnn putting in a H rig and starting afresh. H Mr. Mny the Supt, nnd Claud Hcg- H ler, chief driller, both of whom liavo H hnd much experience in drilling oil H wells, nre .sanguine regarding the H outlook for bringing in a good well, H and nre more sanguine now they H hnve gone so far thnn ever before. H The editor talked to both Mr. Gra- jH ham nnd Mr. Whitehead concerning H the denl Tuesday morning and found H them optomistie concerning the fu- H I turc of the field. jH I A telegram wns received Tuesday H I by Mr. Whitehead from Mr. May; .. H stating he would leave Salt Lake City" H I with the new cubic loaded on trucks H on tho 5th inst. Washinton County H News. M |