Show great future for virgin dome the following Is a report prep prepared areil by win will D B higgins for the information of the stock holders and tile tho general public on tho the progress of the virgin dome oil company located in ill washington county mr air william B higgins has just returned front from st george where hu he has been tit in the of tho the virgin donio dome oil that company began tile the drilling of a deep production oil well somo some years ago tile the work was begun upon the recommendation of and drush two of tile the count rys onit nant geologists when they made their tion of tho the country they found that tile the structural formation compared favorably with that ot of the pennsylvania oil fields and from which tile tha underlying sands obtained their name since those gentlemen mado their report there have been some twenty geological reports formulated upon that samo same territory and all of them favorable from tho the time the virgin dome oil company began its drilling oper actions it has been the firm conviction of its officers that a great body oj oll bearing sands lay beneath its ita vast folds ready to gush as soon a tile tho pioneering could be accomplished tit in the drilling of its first test well on oil account of this belief which was backed up by scientific col co i editions very little of tit the stock of the company has ever changed hands handa the original purchasers pur chasers have held onto their stock with a tight grip they made their purchases with a view of an investment and not of temporary speculation today the test well Is at a depth of 0 f feet A meeting of the board of directors was held at the tha dixie hotel on the ath of this month to which the head driller mr air louie kingston ning ston was invited tor for C consultation mr hingston reported that there now exists no further doubt 1 I bout there being a vast productive oil oh sand into which the drill will break when allowed to do so mr air hingston further reported that before lie discontinued drilling on an bottom the formation was softening oil was coming coining into the ballings ballanga more and more moie as lie he went down it was then discovered that it woula not do to bring in the well until proper precautions had been taken to secure safety in saving all of the oil it when it la Is brought brou glit tit in so all tile tho casing tit in the clio well was drawn out of the holo so that the hoo hole can call bo ba made larger some of at tile the casing had been worn by the constant subbing rubbing of thu cable during tho the drilling operations the same formations havo have beenen been encountered co at tho the great gusher at moab moco where according to E 0 howard president of tho the utah oil refining company they have a well which together with tho the twenty acres of grou ground nd it stands on is today worth to its owners at least a billion dollars the virgin domo oil company has not only passed through all of tho the same favorable formations encountered by tho ald west oil company before they struck their bia bl gusher but they are now in the formation which is suding sending into the holo tho the actual oil |