El Paso daily herald. (El Paso, Tex.) 1881-1901, 1900-06-22
WYOMING OIL FIELDS
VIII Be Developed On An Enormous

Scale.
The visit of P. NJ Shannon OF Pitts
burg to Denver bad to do with much
more than routine matters In the
conduct of the Pennsylvsnts OIL com
pauy, of which he is president. The
purpose OF his trip west, says the Den
YER Times, was to complete some OF
the details in connection with one OF
the biggest commercial aud financial
movements that has taken place in ths
~ess for long while The propositiOn
is gigantic: It's plans contemplate the
building Of refineries, pipe lines con
Meeting the oil region of Wyoming with
the refneries at point on railway
lines: The building of cities and develO
ment Of a section now but spare ely
populated. Uader the influence of the
busy hum of industry section will
flourish with life aud activity which
was for years considered practicable
worthless.
Yesterday the first step was taker
at Cheyenne which opens To the public
good news that has bean with held for
monshs by the promoters. The Supe-
riOr Oil company was Incorporated
with capital stock of Sic, 500 900
under the laws of Wyoming. The
Pistsburg and Philadelphia, Pa, aud
Binghamton, N. Y, capitalists, who
represen: the British financial house
behind the deal. 1t was the plan t.
make the capital $35 600, 600 at the
organization of the company, and 1t If
cor occurred by tho-e locally interested
thai the capitalization a. SlO, 5OO ,OOt
has been induced oy conditions OF th'
money market, and was done In orde,
to go ahead with the work which en-
gineers have already outlined.
ri mo nj nf N &
Superior Oil company will be at Casper,
Wyo., where will be built before tn
CLOSE of the year the largest redner-
In the west. The production on illum-
mating as we'll as lubricating. oils will
be added. Offices will be aintained
in Denver and distributing station
established in the principal towns and
cities of the Rocky mountain states
The name of man prominent in Colo
RADIO railway circles is mentioned In
Connection with q managerial position
in the new company.
Il is fifty miles from Casper to the
wells on Oh creek. Ten wells are
now flowing, Q portion of them being
sealed, however. The first extensive
work will be the construction of h
pipe line, pumping stations to carry
the crude oil to Casper. This work l.
estimated to cost a little more than
S0UO, OOO. One million I'VE hundred
thousand dollars more Will be used in
drilling more wells, erection of larger
refneries, immense storage tanks ano
equipment for transportation of the
product to consumers. Before the
close of this year over 80 600, 600 will
have been expended for improve
mepts.
The Superior Oil company with
ample capital at his command, will
enter the field for business in opposi
tion to the Standard and Continental
Oil companies. The product of the
new company will be placed on the
market throughout the territory west
of the Missouri river. but first it will
be pushed to public sttent iou in the
mouutal n states, particularly In Colo
RADIO, Wyoming, Mon tana, Idaho and
Utah, and to Texas, the Gulf states
and Mexico. d.. F. Solathe, manager
for the Pennsylvania Oil company at
Casper, is said to be booked for posi-
ton of authority. He Is expected 20
arrive in Denver during the week to
coosult with party of directors of she
new conn any, who will start from the
Bast within few days.