Drillers continually spoke hopefully of the bright prospects as the bit went down, and likewise continually had breakdowns, lost their tools in the well and suffered delays for many other reasons. The log as the public knew it is reproduced here from the files of the Livermore Herald, indicative of the anticipation, the eager hope and final bitter disappointment. Livermore Oil Company formed at a meeting in San Francisco. Plan to drill on Section 15, Township 3 South, Range 3 East, near the old 15-3 well. Leases on 2,000 acres in Townsend district secured.
Test well is started.
Test drilling completed, finding oil sand at shallow depth. Contract let with G. S. Mendenhall as driller. Work to start with Keystone rig but full standard outfit to be used when well reached depth of 1,000 feet. Casing to be 14 inches in diameter to start. Livermore men being interested in company to secure capital.