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Show WILL DK1LL I'OR OIL NEXT MONTH. The Manti Messenger gives out the following story in last week's issue: Within 30 days, one oil rig will bo operating i this valley borin tor oil and two others will be working work-ing before the first of the year is 'e report made to the Messenger by the field man of the General Oil Company which was incorporated under the laws or Utah last month and is headed by multimillionairs The surface indications of oil are as pronounced here as they are any where in virgin oil fields is the report re-port of efficient oil men who have 'made a thorough surface test of the prospects and the belief of the promoters pro-moters of the company lis strong enough so that they are willing to back up that belief by spending a million dollars if need be in searching search-ing for it. A Mr. Morton, an expert from the lexas Oil fields, was here on the 1? IS, and 19 of this month and after a thorough investigation stated thai he had never seen better surface indications in-dications of oil than are here present A government geologist will be here m a few days to pass on the indications. indica-tions. The fact that his services will cost the company $100. per dav and expenses indicates, that they mean business. I tor a long time it has been the belief of people who make a practice of studying geological formations and surface conditions that indications indica-tions point strongly to the presence of oil in our underlying strata; the sour spring, the patches of oil on stagnant water and the presence of gas in the water from a number of our springs are indications which have caused more than a passing comment.' But it has remained for the General Oil Company to carry the "investigation to the extent to which it has been carried to date. Last January the agent of . this company first came into our - field and began luokirs over our prospects. pro-spects. His reports were favorable as were those of others who had 'preceeded him and have been substantiated sub-stantiated by subsequent investigations. investiga-tions. Immediately leases began to be taken on the land until at the present time more than 17,000 acres have been leased, 2000 acres more have been promised and the control of the company is being extended over more territory every day. The lease is for fifty years and I allows the company the' priviledge of drilling anywhere on the land at owner gets 10 per cent of the oil. owner gets 10 per 'cent of the ail. In case gas is found the share to the land owner is 20- per cent and the free use of gas for heating and lighting purposes. The land so far leased is an almost al-most solid block lying i between the north fields of Manti and to the farm iland and foot hills above the county road and below the base of the mountain. The company's investigations have not extended south of us but they (are beginning to look in that direction direc-tion and something may materialize 'in that vicinity before long. Time is a vital factor to these men and they are 'desirous of making a thorogh test of the vieinity in as short a time as possible. The only reason they have not had drills on the ground before is because they are not willing to open up a field if their holdings are insufficient to give them working room and because leases are hard to get if a stampeed is once started in a field. Their holdings being sufficient now they will start one drill by November 1, .and will have two others in operation as soon as they can be got onto the ground. A $40,000.00 rotary drill has been ordered, but due to Lheir limited production and orders .from Texas and California Oil fields it will be some time before this most modern, boring device can be secured. The personel of the General Oil , Company, is composed of men with the exception of Otto Nieison cf lEphraim who have devoted their entire en-tire 'lives to the oil business, have ibig holdings in the California and land Texas Oil Fields. Thomas I. Woo'druff of San Francisco is president- Dr. Otto Nieison of Ephraira, Utah, vice president; C. W. Hodgins 'of Los Angeles, secretary and treasure treas-ure and C. A. Gillette and M. M. McPherson directors. The local representative, F. E. Settle, who played play-ed with the Ephraim base ball team this season has been on the job here since last January. He is an expert ex-pert oil man having worked in the ICalifornia Oil fields for years prior i to coming here last year. |