The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-06-13
OH Men stiu Hopeful.

Special to the indianapolis Journal.
MONTPELIER Ind, June 12-The report
sent broadcast that the Alexandria field
was thing of the past is all of no account,
as it is now only in its infancy and will
yet astonish the world as will many other
parts of this great State of oil deposits.
About all that one can hear in this great
oil center is, have you heard anything of
late from the Alexandria pool? The new
field is attracting the attention of the oil
men from near and far. The interest and
excitement has not abated in the least and
many are hungry to get a finger in the
pie. The only ones who try to condemn the
new field are those not lucky enough to
get strip of land on the inside The com
pletIon of a few dry holes at the start does
not signify that there is no field there, it
only helps to enthuse the od-time opera
tors, who have had this kind of expert
ence for many years. Take the now great
Findlay field of Ohio where nine dry holes
We're completed before the sign of either oil
or gas was found. There the operators did
not become discouraged, but stuck by the
wheel and they have won out The Alex
light as the Findlay field with the eXcep-
ton that the prospects are much better at
Alexandria as a much larger oil field will
be found in time. The field north of this
city was a blank failure few years ago
especially around the vicinity of Keystone
While at the present time Ii is considered
nothing but cream territory. 1t will be well
for all to watch the progress of the drill
anywhere along the west edge of the fam
Gus gas belt, for oil in large quantities must
be developed to make 1t the same as all
other oil fields in the United States. A late
telegram from Alexandria announces that
the Blanck and Harmon well, on the Bert
Carter farm, was good for sixty barrels a
day The outcome of the Alexandria field is
being watched throughout the continent
and ii would cause but little surprise to see
over hundred wells finished in the new
field before time for snow to fly.
There are many other spots in this State
that VIII soon attract some attention in the
near future. One of them is around the
well lately completed by Guild & Co, about
two and half miles west from Portland.
This well looks as it ought to make 1t least
a hfty-barrel producer, but has not yet
been put to pumping owing to a. delay in
getting tankage ready This well is located
in territory which was supposed to have
been drilled over ana considered of no
Patch and others from the East. and should
the Guild well show good staying qualities
considerable work will be done in that field.
The farmers around De Soto and Liberty
I'm Delaware and Randolph counties are
looking for some excitement as leaSerS have
been busily engaged there for the past few
weeks taking up leases for oil and gas pur-
poses. The Manhattan Oil Company has Sc
cured leases on 2 400 acres of land for oil
and gas purposes at Trenton, and will put
down a test well at once on the Marion
creek farm and If Oil is found in quantities
to signify paying ventures the company
viii thoroughly drill the property at once.
A rig is now under way and contract al
ready closed for the drilling of the first
venture.
S W. TAFT & Co have completed well No
g. on the j. p. Graves farm, in Section 10,
Chester township, Wells county, and it is
good for forty barrels. Weeds Hudson has
completed Nos. 10 and II, on the William
Jones farm, in Section g. Jackson township,
same county, and they are good for TWEEN
ty-tive barrels each. Cooley & Bradstreet
nave CONNECTED No. g. the j. j. Good
farm, in Section 20, same township, and it
IS good for twenty barrels.