| Show LOOKS FAVORABLE BEAVER UNO AND MILFORD PEOPLE interested DRILLING FOR OIL IN gap W SEEMS NOW TO BE absolutely ASSURED H D brunson Bru naon the gentleman who was waa here last week in the inter est of the parowan carowan oil company and who ut la now in milford writes to the times aa follows have ave h had everal encouraging sinna since aiace I 1 mine came here and find quite a lively interest is IB being taken in the project several people in this lo calit and a few so EO we have been informed in cedar city have signified their intention to subscribe for stock and with the amount already placed it now seems that the rig ne can be purchased setup in operation by may the date agreed upon by the parowan carowan oil company and the les so sors IS 0 of athe the property on which operations will begin sto stock k is selling at present at 5 per cents per share hub but it is expected that when a few hundred feet depth to is attained and the indications of oil shows more pronounced this thia price will be materially advanced the project is a commendable one and one a that will mean much to parowan Pa rowan rowen parowan carowan valley and the county if oil in a fair quantity is found geologists have stated that the indications are ideal for oil and express the belief that it will be encountered before 2000 feet in depth I 1 ia reached |
