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Show NEW OFFERING OF OIL UNITS FROM COLO. FIELD The American source of petroleum pe-troleum cannot stand the enormous enor-mous drain, the production in twenty years rose from 63,620.-329 63,620.-329 barrells to 443,402,000. The demand constantly increasse and at the same time our imports im-ports of oil rise and our exports decrease. Every man who owns an automobile, every farmer with a tractor, and every user of an internal combustion stationary sta-tionary engine and requiring lubricants must realize the vital vi-tal interest one sould take in any endeavor made to prevent our being shut off from future oil supplies, also the many benefits ben-efits accrued when they invest their money in an oil proposition proposi-tion that may at any time bring them a hundred fold. There has recently been formed a syndicate syndi-cate known as the Britt-Hill-man Petroleum Syndicate. This concern has 8,000 acres on the Morgan Dome at Elk Springs, Moffat County, Colorado, and the syndicate is organized with 10,000 units at' $10 each. Gov-erment Gov-erment geologists have investigated inves-tigated these oil lands and speak enthusiastically concerning concern-ing them. W. II. Clark, United States Surveyor General for Colorado says, "The Morgan Dome at Elk Springs one might well expect to encounter sands similiar to those an Rangley,! and it is a known fact that the same formations are known to be oil producing in Wyoming." The fact that the Morgan Dome is adjacent to the Rangley field which has a number of producing produc-ing wells from a depth of 630 to 800 feet will make the proposition proposi-tion one of great interest to investors. in-vestors. The, Syndicate have already al-ready started one hole and at a depth of. only 100 feet have en-ccuntered en-ccuntered a good showing of gas. Mr. Britt one of the principals prin-cipals of the Syndicate is in Bingham and will be glad to give any information desired. He makes no promises, but states if oil is struck, after an investment of $40000 in this field ever yunit holder will receive re-ceive his investment back before be-fore any dividends are paid. He will immediately place 15 rigs on the property developing to the interests of the unit hold-ers. |