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Erb expects to leave for Europe with-in 10 days.
The idea of seeking English capitalin the development of the resources isnot an experiment. Particularly in thagold fields of Nevada and more recent-ly in the oil lands has the money of thaBritishers proved a factor of great con-sequence. The bankers of British Co-lumbia have Invested heavily recently
In oil lands, and some years ago Wil-liam Graham of Santa Barbara suc-ceeded in Interesting a British syndi-cate in oil properties in the southernpart of the state- which have been ex-ceedingly fortunate Investments.
Bound on a mission to interest Eng-
lish capital In oil lands In California,
William Erb. who has been connectedwith gold mining enterprises In Ne-vada and more recently Inoil producinglands, will leave shortly for Europe.With Robert Cords Jr.. Erb obtained anoption, last week upon the Graham andLoftus oil fields at Fullerton. Theseproperties are now producing and theirvalue is estimated at 12.000.000. Cordsmay accompany Erb, but this has noCyet been decided. The option runs sixmonths and the two investors paiddown a 910,000 deposit.
Graham and Loftus ProducersAre in Deal Which Promo-
ter Takes Abroad
William Erb Will Carry Option
on BigProperties to Finan-ciers in London
BRITISH CAPITALENLISTED FOR OIL
-At a depth of 950 feet a good sand
was struck in the well of the Consoli-dated oil company, which Is operatingon what is known as the Udall leasein the Ventura field. A heavy gaspressure was (encounteredi wM»h forcesthe oil pretty well up toward the top
of the well. The, oil.is-of high grav-ity and has a light green tinge. Thewell is not far distant from the bigRose well that was brought in.a fewweeks ago.
The Ruby oil company has signed acontract to furnish natural gas to theWest Side electric company at Mari-copa. says the West Side Courier. Alarge new engine has been installedby the company and connected up withthe gas pipes leading to the Ruby com-pany's holdings on section 2-11-24. nearMaricopa. ;.".,
Pipes Connect Engine With theRuby Company's Holdings*
ELECTRIC COMPANY TOPURCHASE NATURALGAS
Thurston Daniels of SpoKane, Wash.,was elected president and several LosAngeles businessmen are associatedwith him. The well is -now down-be-tween 250 and 300 feet,' and is to bepushed on;as rapidly,as possible. Thereis gas pressure already and, the sur-face indications are said to :be good.' ;
The Rincon oil company, which hasa 25 year lease on 400 acres of theRincon 'ranch, lying about; fourr miles
\u25a0from the |beach and two miles fromthe, Denton oilcompany's property, wasrecently reorganized. ;
. The second well.started by the Den-ton company -is on higher ground thanthe: other, two, being;a mile, and :ahalf from' the beach and about'a quar-ter of, a mile from the, Casitas Passroad, and it is believed that modefnequipment willenable it to combat suc-cessfully the 'trouble the former com-pany met with, y "_
This is the same lease which* theChannel oilcompany previously worked.Itwas obliged to abandon its first wellata depth of 300 feet-on account ofits becoming clogged; A second wellreached 1,000 feet, when there was:avery favorable seepage of oil,but muchtrouble with water -in this -well' forcedthe company to give it up also.
The Denton oil company of San Fran-cisco, which is controlled by the Paraf-flne paint, company and which"is op-erating* on a 1,233 acre lease of. theGutierrez ranch, just across the lineIn- Ventura ;county, has recently ex-pended $10,000"in . new equipment andstarted a new 16 inch hole. This hasbeen put down 160 feet in two weeks,and the company is prepared to go sev-eral thousand feet' deep jtn-order to jfindout,positively what' oil .bearing quali-ties the- land has. : ,--
This company has a lease of 70 acreson the .Higglns ranch about a milefrom Carpinteria and a quarter of amile from the beach.TEST TO BE THOROUGH .
> Ventura . advices state that activedevelopment work in the districtaround . the Santa Barbara- Venturacounty line . will soon -^demonstratewhether there is oil in that vicinityand settle a question that has puzzledmany people for a long time. <\u25a0'[ .
Of the three companies now drillingthe fRand consolidated oil company ofLos Angeles has sent its well down1.20P feet, where it has found consid-erable seepage of.oil with heavy gaspressure.': For the last few days waterhas caused trouble and work has beenstopped until the water can be shut off.
Several Deep Wells Are GoingDown on Santa Barbara-
Ventura Properties
The product of Brookshire No. 9, thelast -well,brought in,by, that company,has proved* better than was; predictedof .'it when^ trie" well came in. Up- todate it has produced ;nea.rly\ 16,000 bar-rels, or an average of 500 barrels^perday, exceeding
-by,100 1barrels .per day
what experts claimed :for -it when- itbegan to flow.
- ,';
Two rigs have been; put up by thePalmer Annex and spudding in will be-gin,this week. *.'•/: '\u25a0
Well 38, at the southeastern part ofthe Western Union lease, ,ls:down" over4,000 feet' The work of deepening thewell was to get a bigger flow of. oiland has proved successful, the produc-tion being almost double what it-usedto be. No. 40 has been on the beam forthe last' two weeks,, and is developingInto a producer of high grade oil.
The '- Ideal oil |company has finishedputting up two new rigs and are awalt Ting.the arrival of the machinery, which'is already on the way, to start drilling.
Another new :corporation is the Dis-patch oil .company, .which .will- sooncommence drilling on a" 40 'acre tractwhich they have leased for the Idealcompany. - . :
'
f: . '\
A. T. Kelsey of Los Angeles,' F. S. Glassof San Francisco and P. A. H. Arata ofSan Luis Obispo. ••
.'." ;'; .
The Santa Maria Eastside oil com-pany, just organized, intends to invadeCat canyon as soon as a, rig.can be putup and machinery installed. The •\u25a0 offi-cers and directors are: "W..'F. Young ofLos Angeles. ;,president;. Andrew, \u25a0F.Welch of San Francisco, vice president;
L.E. Ensign and G. W. C. Baker haveleased a tract of 57 acres in the south-west corner of the rancho de v:ia La-guna for 20 years and one-eighth roy-alty to the Casmalia .petroleum com-pany. \u25a0 . . \u0084-;.
Eugene J. Cantin et al. have deeded160 acres of land in section 12, town-ship 9, range- 33, to the Cantin land, oiland development company, and : \heFresno corporation will
-drill for. oil
here. ,-
\u25a0 • \u25a0
SANTA *MARIA,\May 10.—Advanceagents of a.syndicate of financiers havebeen investigating the prospects
'for
natural "gas in this field for the. purposeof .establishing' a large piant and forpiping the gas to towns and cities along
the coast." A great quantity of gas isgoing to waste daily from the; wells inthis. part of the state". -,
Financiers Now InvestigatingField and WillUse Waste* V Product
The Lucile oil company,- section 6-21-15, cemented off the water in \u25a0 well No.3 in 8% Inch, casing. .Well No. 4'is1,854 feet deep,. 12% inches.-
' -\u25a0\u25a0'-,;-
There Is a full standard rig on thenortheast quarter of section 26-22-18,
built by Selma people; also a rig'onsection 22-22-18. S. Hopkins of Selmais in charge. .- .'. '. '.•-*. ".. ,
The Claremont oil company, section24-20-14, has material on the .groundfor a rig on the south line. This'prop-erty has 10 wells producing and- onewell drilling.
The Arica oil company, section 7-20-15, has completed well No. 7 at 2,155
feet in 654. and it is now on the beam,making 200 barrels per. day.
The Premier oil company";I.section 24-20-14, has material on the ground .forthree rigs on the west line of-Derrickboulevard and one on the south lineof the property. \u25a0 \u25a0 •;
The Muriel oil company, section 6-21-15, has cemented off the water in wellNo. 1 at 2,380 feet in 6%. The paysand willbe entered at about 2,500 feet.
The Shawmut oil company, section12-20-14, has 'brought in a new well,
No. 7, at 1,205 feet with 10 inch casing.It is on the beam, making 150 barrelsper day.
',
-The Los Angeles-Coalinga Syndicates
section 6-21-15. has 'cemented* off thewater in well No. 1at 2,415 feet in 8%inch .casing. Cement Expert Hayesreports the water shut off.
The Fifty-seven oil'company, section12-21-14, has pulled the 10 -inch casing
and will replace the same and shut offthe water at 1,650 feet. It has- madesome show of gas. \u25a0
* •' '• ~
The Boychester oil company, section18-21-15, is 2.200 feet, deep with 10 Inchcasing. The formation is tallying upwith the logs of the wells on section6-21-15. Reports just received stateoil is showing on wire lines.some: show of gas
The Elsinore oil.company, section 4-22-18, has a full standard rig, bunk-house and cookhouse. Itwill rig upsoon and get to drilling by the . firstof May... ;
The Silver Tip oil company, section6-21-15, has rebuilt rig No. 2 and isdrilling. The under-reamer lef t , inthe hole at the time of the fire has beenrecovered.
The Associated National Thirty oilcompany, section 22-19-15, has rig forwell No. 7 completed and i6ri-gging up.There are seven wells now producingon this 30 acres. . '
The American petroleum company, onsection 6-20-15, has completed rig forwell Xo. 7 and is now rigging up. Ma-terial is oj\ the ground for rig No. 1.The camp is completed. • • .
The Wabash oil company, section 24-20-14, has completed four rigs and willhave all rigged up next week: Threemore rigs will be built at once.
The Coalinga roadway oil company,section 2-21-14, Manager W. H. Kerr.reports that the property will.soon.bedeveloped, as arrangements are nowpending to drillupon the land.
The Pacific States petroleum com-pany, section 6-21-15. well.No. 1, wascompleted recently. This is on the beamfor the last few days and has madefro/n 200 to 600 barrels per day ofclean oil free from any signs of water.ARUAXGEMEXTS^FOR DRILLS
The Light oil extension company,section 6-20-16, is 925 -feet deep with15 inch screw pipe. The company isdrilling with a rotary rig averaging58 feet a day.
12-20-15, another new company, hasa standard rig completed and willsooncommence operations. ,
Among the oil companies recently in-corporated lit-San Francisco are the fol-lowing: ';
' 't
"~'. .-.. >;..'v'; \u25a0;..' ;'.'. V \u25a0-;\u25a0
.-Koololl company, capital $25,000; directors,George W. Kennedy,- V. J. diva, .Charles En-rlght, all of San Francisco. ,: :. \u25a0
r. I'etrolita oil company, capital" s2s,ooo; direct-ors;sA. O. Dorey. Floyd P. - Shank, kGeorge >D.Terls, all of San Francisco.
' . .-g Lucky Dog oilcompany; capital $25,000; direct-ors,'Rudolph Herold. D. F.~ Belden, R. Norfls;all of San Francisco. \u25a0
-'•--\u0084: ; • \u25a0
•.Happy Vista petroleum company,, capital.$25,-
000;, directors J.J.Lermen. R. W. Dennis, J. J.Weble.all of San Francisco.
-c.v ••--.r-- \u25a0-.
.Aloha petroleum company, capital $25,000; di-rectors— Milton Bernard,'; Alameda ;Roy A, Hu«-son,,Oakland; George E. Weaver. San Frandisco.'
;. Bon. Voyage oil;company, capital $25,000 ;. di-rectors, John ;.G.. Hopper, . George W. Austin,Charles J^ Bower.;
- - -••-:; ;\';
-•: r.:
-
Booming Business Finds Influxof Small Concerns
SIX NEW OIL COMPANIESARE INCORPORATED HERE
CONTROVERSY INVOLVESTHREE OIL COMPANIES
ATherLos; Angeles-McKittrick oil com-pa nyAha's va.-: lease lons the^r west
'half ;of
the, quarter, whilef- the • ConsolidatedMidway" claims'"6(r acres in- the\centerof
"the quarter, [crossing -.the .property
leased jby the Los^Angeles-McKittrick.Both companies?. were,drilling, the flat-ter,claiming; to be ;'down 'about 400 feet,while the* formerTclaims that its well isdown between 500 and 600 ? feet.-V'X
"'To*further.< confuse matters, S the"Los
Angeles-McKittrick <company; has sub-leased ;•its -
:property >' to •;, the %. MidwayNorthern ;oilycompany, Vand £it • Is>:saidthat *thls[company :means 1to jjprosecute'"development .work,staking .over 'all
'the'
mach<neryvand '---the': hole- as-lt?stahds.A few days ago theXConsolidated Mid-way oll.company; served notice upon theLos -Angeles-McKittrick ;to v vacate the'property, ,? but 'this
'hasj notV yet ;beendone. \u25a0\u25a0;\u25a0_- ;\u25a0-/• :-\u25a0 '.'\u25a0 '\u25a0
''\u25a0'.\u25a0\u25a0 •\u25a0 \u25a0\u25a0,•'-\u25a0 :':' ' \u25a0'.. •:'',\u25a0 :.;
Theres is;a controversy between theLos Angeles-McKlttrick oil-companyand the Consolidated .Midwa^y,' oil com-pany over title to'a certain tract in thenorthwests quarter ofisection 32-12-23/says the Oil Courier. -.* . \u25a0\u0084'. •; •
\u25a0
Subleasing of Claim Adds toComplexities of Squabble- '
Dividends ;~would"have '.been .paid inApril but for the „fact :\u25a0 that 1 there wassome controversy \u2666 arising from achange in ownership,* xand', in-conse- 1
quence the Midway;'Central receivedpayment for. but ?;i6.,!*days productionin the month of -March^ which; was" in-'sufficient to '.cover, the ;first Vdividend;'
It is ;reported:* that-
nearly Iall theearnings .of the .'company .in the Mc-Klttrick countryjwlirgro^lntp^dividends.%he estimated,: production 'for'April"Isabout 7,ooo
'barrels. V--: '^.. <\- . W
This ; company.,/ was /organized thefore part of •March. and>purchased ;60acres In the •; proved ; territory. InVtneMcKittrick -field
vand "40*inVthe North
Midway,S where 'they,- have^ been- operat-ing.
According to the Oil Courier, the Mid-way Central oil company willpay divi-dends of half.a cept;per share a monthand ,the first payment will \u25a0be > madeabout the 25th of this month; . ,/.
Reported That Half a Cent PerShare Is to Be -Paid -Monthly
MIDWAYCENTRAL WILLJOIN DIVIDEND PAYERS
The Coalinga Crown oil companysection 30-19-15. is 1.875 feet deep withS 1-4 inch casing. The formation isbrown shale. So far the bitt has pene-trated 800 feet and is still in brownBhale, . t
" . \u25a0 ,_,
The Kern trading and oil companyon section 36-19-16. has brought inwell No. 11. and -is making about 1500barrels per day of very nice oIU
The Cabinet- oil company, '.section'
\u25a0\u25a0'\u25a0'- -; ' '\u25a0'"-'"
~'i±>:_\u25a0-*«\u25a0>
The California . oil fields, limited, Ispushing work on the well in the south-east corner of section 34-19-15 beinganxious to get the, W. K. sand beforethe neighbors have too long a drawon it.
The Coalinga Central oil" company{formerly the St. Clair), operating a120 acre lease on section 12-20-14 'hasthree wells completed and one 'welldrilling.
The El Dee oil company, section* 18-20-16. has completed two standard rigson the south half of the section. 'Thervork of drilling willbe taken up in thenear future. \u0084
-^
WORKING IX BROWN SHAKE
The Coallnga-KettJeman oil companyhas been organized to operate on theeast slope of th? Kettleman hills. Theexact locality of operations is withheldfrom the public, presumably on accountof the strength of the company.
The Coalinga National .petroleumcompany, section 8-20-15. is now 2,610<eet deep with 8% inch casing. A•hell to shut off the water, on shouldbe at. about 2.640 feet, according toAt^.er. logs near this^property.
-The Best Yet oil company, section
1-8-21-15, is over 1,370 feet with 10 inchcasing-; drilling much Improved. Thecompany reports that all of the assess-ment has been paid in, no delinquents.The company owns the 40 acres In feesnd is not disturbed on account of theFickett bilL
The Coalinga Security oil company,section 8-20-15. is 2.170 feet deep withthe rotary. Several shells have beenencountered and successfully drilledthrough. The hard shells that will testthe rotary will be met at about 2,400feet. The contractor is very confidentthat he will have no trouble in handlingthem when met.
Contractor A. M. Gilstrap reportsconsiderable rig building on the east\u25a0lope of the Kettleman hills. He hasa contract to build four standard rigson section 8-22-18; also four otherrigs not far from section 8. The ownersdesire to keep their identity hidden forthe present.
DRILLED TWO THOUSAND FEET
The California-Coalinga oil company,section' S-20-15, is operating on thesouth half of the north half of thesection; also on the southeast quarterleased from J. Fearon. Well No. 1,completed in the early part of Janu-ary, has been a very consistent pro-ducer, and Is now making 350 barrelsper day. Well No. 2is about 700 feetdeep with 15 inch screw casing.
The Spinks crude- oil company, sec-tion 12-20-14, Is 750 feet deep in wellNo. IE with 10 inch casing; in wellNo. 4D is SlO feet deep with B}4 inchcasing. Well No. 4A (Shawmut No.4) will be drilled deeper, as the old•wells have been improved that weredrilled deeper.
Tht.*; hands. TJie new owners will\u2666develop the property with up to datetools and methods. Well No. 1 wassunk to 800 feet with 9% inch casing,and then abandoned.
The Oceanic oil company, one of theold oil companies, engaged in develop-ment work in the Kettleman hills someyears ago. is showing signs of life.The property in section 30-21-18 has
through the hills to enable materialto be landed where wanted. A largeacreage in township 22 south, rangeIS east, stands of record In the nameofRudolph Spreckels, and mkny predictthat there willbe considerable develop-ment work in that locality s.oon.ACTIVITYOF OWNERS
against jumpers. Loads of materialare being hauled every day; consid-erable road work has been done
dicating a determination on the partof the promoters to hold the land
men are on a number of sections in-
vicinity of the Baird oil company,waiting the development of the com-pany's well. It would appear, from in-vestigations made, that all minerallands have been located, cabins and
large amount of material is on theground for rigs and buildings in the
The many reports that are comingin from the east slope of the Kettle-man hills suggest increased activity inthat district. A rig has been builton section 13-23-18; lumber and rigUmbers are on the ground for a fullstandard rig on section 22-23-IS. A
Each derrick that stands o\;er a com-pleted well, taking the entire field foran average, represents about $20,000.There are SO2 completed wells in theCoalinga field. This represents an In-vestment of $16,040,000. There are 172wells drillingthat will average at least$10,000 per well, from grass roots tothe well about to come in, or $1,720,000.
PETITIONS TO CONGRESSThis may be considered as a very low
estimate at this time, and furnishesfood for thought, as we are studyingthe bills now before congress that af-fect the life of the oil business in thisstate, and it behooves each stock holderIn these companies to assist in his lit-tle way toward getting recognition incongress. He can sign the numerouspetitions asking for $1 or more towardthis defense.
many derricks in the field. A fullstandard derrick and rig of today rep-resents an average outlay of $2,200.This includes the lumber and timbersfor derrick and rig, bullwheel. calf-wheel, the cost of building, rig ironsand rigging up, but does not Includethe late, up to date ideal rig irons,tools, boiler, engine, fuel and watertanks, but what is commonly knownas the "rig." There are today on theeast side and west side fields 954 der-ricks and rigs; this includes only pro-ducing wells and wells drilling, anddoes not take in the many derricksbuilt as assessment work. The 954"rigs'" represent $2,204,000 that is insight, and a much greater expense liesbeneath the surface, in the well itself.
The eye of the visitor as he ap-proaches Coalinga is attracted to the
Fresno Republican writes as follows:
The reports from the Coalinga dis-trict show a production for the monthof March amounting to 1,637,063 bar-;
rels. It is further stated that it wasfound necessary to draw on the stor-age to fill the- requirements for themonth.
The Coalinga correspondent of the
Completed Wells Number 802and Represent Investment
of $16,040,000 /
Much Greater Expense Lies Be=neath Surface in Coalinga
OH Fields
984 RIGS BUILT ATCOST OF $2,204,000
Pacific Coast oil-*\u25a0 company, capital$500,000; directors,/ F. R.- Drlnkh"ouseW. M. Brown, Lt
';%Slessinger," B'
*r!Jones; C."A- Koschnitzky; Maurice Ros-enthaL. Louis Hogran- _ . \u25a0 . ;\u25a0
;East \u25a0 Maricopa . oil \u25a0 compajiy, tcapital$100,QOO: -directors,; D,;k McPhee,V;E.::L.Reese, C A.-Malm,1 F.» J.* Corde^H. 1PP. West.;. \u25a0- if*-...;\u25a0.-• ;-;. *. \u0084'L
'
Hart' oil-company,, capitals $1,000,000 •directors, E:,lt^Llllenthai;J. ,W.Atkin-son; HarryiJ.,iHart,;•;•'Edgar \u25a0 L.;LewisJoseph L. Schmitt. '':\u25a0';\u25a0*\u25a0\u25a0&.& \u25a0'- '\u0084::'•> ;\u25a0\<,, \u25a0\u25a0>
Good Fortun* oil. company, capital$25,000; directors, ;William •
HammondJr:,-T: P.'Kelly/CPhilippi; all;of Ala-meda.
-\u25a0..\u25a0•>.:*"\u25a0,\u25a0- *\u25a0/"'-•\u25a0...\u25a0
FOUR OIL COMPANIES V:RECENTLY INCORPORATED
'\u25a0'^'f : \u25a0:.;\u25a0>" Trr:,' .;.--•'> ';,'";•''\u25a0»•",>.
San Francisco Capital 'lnterestedin:New Enterprises •';
The oil•* coppanies 'formed :in;San
Francisco this ;week, include- the "fol-lowing:"\u25a0-'•; ~i '.-.*. c-"'- ;\u25a0•; -', '\u25a0:\u25a0 <i \r'_'.',;>.',:: .:.
kiA dispatch ifrom Coalinga 1says -thatthei-salerof^thef W.-K;,?oll.company > for$4 a^ share, Vwhich;has»beeh pending ;foraome>. timer, has ;xfallenvithroughr;. The•question {ofithe *commission ;,to|be ,paid,;it
- isSreported, 'Vwaa- the"*
cause :.of t.thefailure]of .the- sale; to|gojthrough.v Thebrokers' wanted ?10;pen cent. vr The 'own-ers', ofithe .property; decline \u25a0 to:pay vthatmuch.' "...:''- T;v , "
.: \u0084
Ten.PerCent Commission Con-'\u25a04sidereid -Too -Much _by -Sellers :^'-
CHARGE -OFBROKERSv w 'PREVENTSBIQ SALE
drilling.'1.J The ;Santa. Fe's Hands iiniNorth Mid-way,'\u25a0 for the most'part,"; were purchasedyears iago ifrom \u25a0 Chanslor 1;& \Canfieldand stlUsare marked on* the maps as theChanslor. & Canfield \Midway/ oil com-pariyVlands, i-It"was Areported that- theprice
'Was ;$2,000,000: \u25a0
us iTlie \u25a0Santa *Fe owns \u25a0 the-north half*of
the ;south? half .and '- the -isouth .half iofthe .."inorthwest quarter '> of : section ;25.,The • old reliable :well. .brought inby the Santa \u0084Fey" on . section .};;6,=
many times referred ;v to as the ;mostsatisfactory; 1gusher 'lti;the {whole Mid-way }field,-is stilljdoing about ,700rbai^*rels per day. ',|On the jsoutheast quarterof f'section 36, the;Santa Fe has 16 or 18rigs ;_up,< ready,*: orj"-nearly . ready, for
;ATheSanta Fe's wellon section 25-31-22,'broughtin a. short time ago,,flowedby ? spurts at ;the ;rate :of,1,000 :barrelsper;hour,:finally^ sanding. up. .It1is :be-lifevedthat when' this well is finished itwill-be fully equal, to .anything devel-oped inttiefSunset-Midway 'field,"alwaysexcepting/ of course,'the ;fabulous Lake-view. The Santa Fa is now ;drillingtwo more wells'on section 25.GUSHER' STILL FLOWS
section! 36-31-22, •has staked out:some
96 wells on^the, 4Bo acres and is drill-iing at a rate that, shows a.determina-tion: to
ldevelop: fully
~;the' territory as
rapidly as possible. ;.. \u25a0\u25a0'• The Santa »-Fe,which owns ;the .southeast quarter ofthe; same section, .is;practically- com-pelled,t,o drill along its
'lines ]to prevent
its-- neighbor from. draining its ."oilmeasures. !
''.
":- : ;,-\u25a0 '-.V .. \u25a0 \u25a0'.. ',• j'i'
An additional incentive ito the, SantaFe;to get.'bus'yori:its new^r, lands isthe fact that the America Oilfields com-pany, which owns . three-quarters of
Meantime the" success of the Mays,the St. Lawrence, the
'California Mid-
way, the Pioneer Midway, La Belle,the Eagle Creek and 'its, own 'gushers
on section 6-32-23, and 25-31-22 hasprompted the decision on; the' part, ofthe Santa Fe to leave deep sandson section 8 undisturbed, for the pres-ent {and get its share of the rich creamits neighbors around Fellows ;are skim-ming.' -:\u25a0:.'"\u25a0\u25a0•!-\u25a0..; .\u25a0;\u25a0\u25a0.:;': .
A recent article in the Bakersfielddealing with the Santa Fe's move
says that the present camp was locatedyears ago, when the Santa Fe was apioneer, in the North Midway field, andAs atthe end of a long string of shal-low wells, 1,500 feet or less In depth,which constituted the railroad com-pany's "first drilling bri the big tractpurchased from Chanslor & Canfield.These wells are fair producers, consid-ering their depth and cost of ,drilling,but they are eclipsed in the generalesteem by. the gushers recently broughtin farther north and west. It is be-lieved that deeper drillingon section 8will develop much more productivesands than those tapped in the SantaFe's present.w ells,;but the only, wellsunk far enough •toUest this theoryreached the deeper sand with such. asmall casing that its value could not beaccurately judged, jTO MOVE TO FELLOWS
-The Santa Fe has procured, much ofits- oil in the past by contract. .Theprospects of the company's land in theMidway field seem so good that thismethod virtually has been abandoned.President E. \u25a0P. Ripley made a carefulexamination of the new field and hasthought so well of the possibilities ofdevelopment that he has placed his sonIncharge.
PIONEER IX FIELD
\u25a0 A pioneer in the North Midway field,
the- Santa Fe company has done muchtoward the development of the Kerncounty
'oil
- fields,~but a new move is
contemplated, according .to the reports,of several prominent oilmen, that willcome near placing the Santa Fe at thehead of companies" operating in theMidway gusher belt. "The Santa- Fe isto move its 'headquarters from thepresent site near.' Midland to section6 of the same township near Fellows.The center of' the • company's activity
has shifted to the holdings grouped
about the terminus of the Sunset West-ern railroad and has/grown so rapidly
that the contemplated move is in real-ity a necessity. ;
Santa Fe Company Decides toStart Work on ItsProperty
Near Fellows
.S'.Th'e IShepherd-ZTeague andFrank £H.2Short \u25a0} are %the £largest $share;holders. ;•
"The fdirectors /pinthe ?;"com-
pany.'£ are*"B. :F.Y; Shepherd.
/league? -Frank ;H.' Short," E.vR. Bishop
and>W.',G:;Cochrane. f ;:: ; Vr r ;. \u0084,;
'*\;The<company . 'owns \u25a0;large Aterritory,in.the heart of Midway. J.It.was formedby4;the Shepherd-Teague' company/ someyears ago,?; and^riearlyj all"the stockholders^ai'e'Fresnolpeople.'? •; ~ ;
There was a melon, cutting therotherday :when
'the Producers'; oil
'company/guaranteed, of;Fresno,; distributed $80,-000 amongllts stock] holders, amounting,to sl a"share. f^lthwas^announced; thatthe
" company 'expects* from"?;nowibn's topayi a^like'dividend semlannually. ? TheProducers'.; oil'company^ is
'a;close tcor-;
poration >and 1has 'never! had^any;stockon' the
*market: :V>;X,;\u25a0- ;/.'. :.":•\u25a0 ;•:'';.'.\u25a0: --'.
$80,000, $1 a Shared Is Divide*!Among^Stock^ Holders'; •
PRODUCERS^ OIL COMPANYj. v CUTS A JUICY:MEIiON
:-.The=Robinson-Kahn; company: has\u25a0purchased;? the 'controliingMnterest -.in.the }Maricopa^ Producers'; oilTcbmpany, 1
located • ih>.the f.southwest vquarter .^ofsection 18tll-23; ;;>Well No." 1-is "down,650 5 feet, '.withithe'i16"inchicasing. ,•The_southern jsection- ofitheineld*is ;rapidlycbmingjinto?. prominence Jby treason iTof,the U extensive -.^'developments \u25a0» inaugru-Tatedtrecentlyiby^thie] Santa* Feiahdithe
oilfields company.' "
Change in;the Maricopa '.. Pro-ducers* Oil Company
ROBINSON-KAHN FIRM v ;!\u25a0SECURE THE;CONTROL
-The Hart joil;company-
has'secured
the holdings of Leland :&Dyer, sections'3,Ul and 13,.Inc3l-23,: Elk .-ridge, saysthe •BakersfleldtOil Journal, and has .leta.contract with.the S.V&«M.\u25a0drili:'com-;pariy
'of San Francisco,- employing1 the '<
rotary system, *for two..wells. *The ;Hart
oil jcompany, .capitalized ;:for;;$1,000,000,is -a close •''corporation^' composed "of >E.R.Xiilienthal,-president, ofithe-Northernelectric company, of-San Jo-seph ,L.'.:Schmitt;: treasurer Western? fuelcompany; JT. "W.'Atkinspn,;.vlce president,Pihal ioilt company i<Edgar I*vLewis/Hawaiian v|irrigation;.' company, /andHarry. J:VH%t^of jthe
'Los; An&eles'oiland development? company.! r
'*
Hart Oil Company Will Put- Down;Two:We lls on Property/
OPTION SECURED'AND (CONTRACT LET
THESA^ FRANCISCO: CA^
Coalinga Oil District Produces 1,637,063 Barrels in MonthEASTSIDE FIELD IN THE COALINGA DISTRICT
HIILS NEARTAFT AND MORON, SHOWING STANDARD OILCAMP INTHE FOREGROUND
NEW SYNDICATEWILL PIPE GAS
THOROUGH TESTNOW UNDER WAY
RAILWAYSINKMORE OIL WELLS
GOOD SAND ATDEPTH OF 950 FEET
10
The Parkfield San Antonio'Oil Company
Will Soon Be Drilling
\u25a0
• Mr.Wm. H. Mehrten, the Superintendent, reports that a completedrillingoutfit is now being installed and the drillwillsoon be churningand digging its way to the oil.
He reports that .the first oil sand should be struck within thirtydays <3f drilling at least. Mr.Mehrten drilled this ground and broughtin a well of high gravity oilon this same property eleven years ago.This is proof that he knows whereof he speaks. The old well subse-quently caved from lack of attention because of the lack of marketingfacilities at that time.
The Independent Producers, whose pipe line is but a few milesbelow this property, now want this light oil to mix with their heavyoil to aid its transportation to Port Hartford. :v,--
The Parkfield San A*ntonio Oil Company has leased THREETHOUSAND acres in the midst of some of the strongest oilindicationsin the State. The property includes the site of the old well where theexistence of light gravity -oil has been proven. - *-vi
When this oilis reached again this opportunity willhave passed..-\u25a0\u25a0'\u25a0\u25a0 . « .i \u25a0
|With three thousand acres of the best oil land obtain-able in this high gravity oil district under, lease this com»pany's possible profit is stupendous. Send us the coupon
]below. It may mean your fortune.The "officers of this company are men of well-known integrity andability. Tljey are men who stand high in public esteem.Treasury stock only is offered for subscription at 15c per share
payable in^ five equal -monthly installments, or deduct 5% if cash ac-cotnpanics <your order. ';1. V
4 > Subscribe today, or.send the coupon now for further information.This stock is "being purchased steadily and the offering is limited? • Convincing samples of the oil indications are on display at \u25a0 our.office. We are glad to -have you call."
, Address all communications and make subscriptions payable to
YEAGER-VAN DORN COMPANYSOLE FISCAL AGENTS,
v Suite 728-730 Phelan Building
-„."-:. . \u25a0 . \u25a0\u25a0\u25a0\u25a0..\u25a0__•.\u25a0\u25a0- . . <
Yeagrer-Van Dorn Company, .728-730 Phelan Building:,
,' ,' .Sun Francisco, Cal. ,, Gentlemen: ' . -.'^.W-';
• Without any obligation on my part.' please send me further in-formation regarding the rParkfleld San Antonio Oil Company.lv %
'-'\u25a0 Yours -truly,
. ':"\u25a0\u25a0 \u25a0•:•'«\u25a0' -'\~:~?- \u25a0V'vr .--.-\u25a0\u25a0\u25a0'' , .-' -.*"'.'
The Cblumbine'Oll Company owns 1.000 acres of practlcallv nrnv.n «nlands in the great San Juan oil fields. Southeastern Utah. Oil teat«-«^Ucent gravity, with parafflne base. . v tests 3S per
y A test wasimade. using crude oil in a gasoline engine and th« -v»L^V>says it Is better than gasoline, and this oil was out of the w«»ii fn crtyears. Fairbanks-Morse man was astonished.
- cU rr°r two'For a short time, only stock selling at 10 cents per shar« T>rtn'» t
\u25a0g^^efore the 'advance. ;For. furthe? Information^ddresa 6Ho^e 'pfone"H. W. HUTCHINSOX, jitmt. Secy •
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