Show OIL is MOST UNIQUE EVER ER FOUND I IX IN L' L S. S dis The Moffat Ott one of the most most unique fields ever ever developed in the United States owing to the fact that thousands of acres are owned by the government says the Intermountain Oil Journal In add addition lon to the lauds in Moffat Routt and Rio Blanco c counties that have not been filed upon under the tho homestead acts there are aru t thousands of acres which were on under the six hundred und and forty acre alre grazing graz- graz Ing act Under all of these entries the secured the surface rights only and has no preference right to the oU oil and gas prospecting permit Local Colorado residents have filed filed fil- fil ed on thousands of acres of this land and man many of them will make fortunes from these entries as the oil or gas prospecting permit upon discovery leads a twenty year ear lease from the government a ten year extension clause The tact act provides pro pro- t vides ides that the shall receive re- re cehe a lease upon fourth one of of theland the land land covered by br the permit at a a. royalty to the government of only b 5 per cent or twentieth one and a preference right to a loose lease on the Ule theother other three quarters at a royalty of not l less than 12 per cent or one one- eighth w. w H. H of who prior to locating in Denver had considerable considerable con con- practice before the United States land corneas in the northwest probably has spent more time in looking up p Open lands in the Moffat j ill dU field th nany Other person in the country Through Courtright filings have been made for nearly a hU hundred l red parties Including oil operators business busi- busi ness and professional men bankers and other other parties in this field Many tan of the have al- al really ready received d or been off offered red large bonuses with certain royalties for or their relinquishments One of the l promising locations was W s secured for forI Andrew Daniel of tl the e Clason Nap Map I com company pan of Denver Denyer who secured an entry right In the tho heart of the theOry theOry I Ory Lakes structure Daniel is 19 said to have c received ma ninny u offers for or his entry but arrangement arrangementS ar- ar I have been closed with a company to drill the theland land shortly Many of the located or prospective of In the he Moffat fIeld are on government lands held under un- un r der prospecting ing permits o 0 |