OCR Text |
Show OIL LAND IN SOUTHERN P. L. GRIFFIN 1 IS ENTHUSIASTIC OVER THE OUTLOOK. Confers With Ogdcn Investors Who Have Big Interests In San Juan Country Oil In Abundance. P L- Griffin, who ranks as an expert ex-pert in determining the merits of undeveloped un-developed oil fields, has arrived from the oil regions 25 miles south of Bluff, Utah, where so many Ogdenites have interests, and he unqualifiedly pronounces pro-nounces the field as the blggc'st and best in the country. In tho Goodrich basin, sixteen wells have been driven without a failure. This basin Is seven miles by ten miles, and Mr. Griffin predicts that land now selling for $20 an acre will be commanding $50o an acre within eighteen months. He represents a California oil company which has purchased pur-chased land within thb developed zone. Mr. Griffin was askad by a reporter why he classed the San Juan oil rey ion as among the great oil formations of the country. He replied that tho erosions of the San Juan river .exposed .expos-ed eight oil sands, only two of which have been tapped by the drills, and if those yet to be opened equaled the sands from which oil has been obtained, obtain-ed, the possibilities could hardly be estimated. '. Those wtho first investigate.! the region were of the opinion that, the oil had escaped through the exposed strata, but the earth folds, known as anticlines and snclines. It is now claimed, have reservoired inestimable quantities of paraffine oil. The indications of oil and the oil formation extend over a district 40 miles wide and 70 miles long, beginning begin-ning at a point, 117 nilles south of Dolores Do-lores on the Rio Grande railroad, near the eastern boundary of Utah. -' There aie eight rigs boring for oil and two surveys have been made for pipe lines, but there are comparative- I ly few people now on the ground. |