The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-06-12
1 AND OIL FOUND
,.,ther We'll Which Is Not in the
Proven District.
s, ,rsrMtD HOGG.SwAYNE WELL
-..,ee that the Days of Quick
y ts's transactions Are Not Vet
HS'' over--Stock Quotations.

HS'' or.ver--Stock Quotations.
!. texas. June ll.-with the
Raurv ,he Hogg- Swayne company has
[rss "a .sctleally completed and that
aA M l. situated on the Caswell
Flin.'l ,r,ct. northeast of the field and
ESa,s yeches river, Is behaving in a
~ X, dives great promise of produc-
Etr w. mo town was considerably en-
~ 's dsv OF course the Hogg- Swayne
81. IN, not enlarge the held to any great
~ VI WI, tbe Paulhamus well, if IL comes
''.lg Al great deal In this respect.
panlbamus well No J, the property
". ~ Roby oil company, situated on the
sS0acre tract, began striking
.o !" .eoosIts OF oil and gas some days
~ generous reports have been in circu-
,.ocerplne the wen, some of them
u. ,hat 1t had come in. Many inqul
~ III been received at the office of the
.,..,r concerning these reports. and To
IA matter right with those Interested
p.rlhamts. manager for the company,
4 Z, H. Ire following to The Post core
,as. $40, our well on the Caswcll
4 a,.rs tyact, known as Paulhamus well
N, < Is not vet gusher but our pros
J. ~ good. When ] say this | do not
Z. thst we win certainly bring in
-,.sus we'll but that the indications are
!, ayorable In this well the drill has
IA through 200 feet Of continuous oil
Ill., Within this 200 feet we encoun
/ n several hard strata, and after the
! a nsssed through each of these we got
~. Z showing Of oil, and gas was also
8ra About a week ago we pulled up
Il I. ia,r.peb pipe with winch we are drili
n, sud took the pressure of the pumps on.
III relieved OF the pressure against II. "A
siderable quantity of oil ran into the
III We are simply prospecting now with
4 Islrlnch pipe, and MS soon as we strike
4 nil foundation for our elght-inch pipe
n, WI withdraw the four-inch, and as
n Ming Il up we will make a test OF the
4fhiling strata which we have already
FES through Regardless of what we
m Ind 10 this test we viii continue the
lhg long enough to thoroughly test our
j vfty al this particular point
Il tie Roby company's well on block 8.
&ansle Top Heights, the drill has reached
i trih u 500 feet and is now passing
Ilmgh the third stratum OF rock. On the
4 hdga place the Roby company has a
4 bill vel, which is between 300 aud 400
tN deep
4 y; Paulhamus, who may be said to he
\ glletr In this field having drst pros-
taa,d here in 1899, Is very conservative
4 lk statements about his company's pros.
<tss being DESTROYS, as he stated, of Civ
\. ne exact conditions at the well. rath.
A han tbeOylzing as to what may happen
Elwgei, Il Is known that the log OF the
4ilAamus No. ] corresponds with that of
N Of the gusherS, and this. with the indt-
tinins mentioned by Mr.. Paulhamus. Is
Ftsaee that his statement that the com
fsiys prospects for a producer are good
ecnserYative one. At the close of the
tnieE with Mr., Paulhamus, he stated
lheF Post correspondent that he especial
#siTed that no one should be inIsIe1
&'nldlnr the Paulhamns No. /: thar he !
INV gave out Information regarding the |
because great number of lnqilrIc. |
y h,n received about 1t. and that he |
.lM 2 avoid the raising of any homes |
" night not be fulfilled.
sax vas resumed this morning on the
tEns Syndicate well on Spindle Ton
a;as and Its owners express condolences |
w VII be brought In just as soon AS
niach pipe is properly placed. with |
* kno have visited the well thcre 10
4 s'enon about there being plenty of oil |
Z stream as large as mans arm
4 non the well yesterday afternoon.
4 as developed in the Guffey well. |
W being bored 900 feet west of tho |
NJ sel {, /. Shearu. president Of |
,,1 te1as Grain company of Hous- |
&s,s,s.ad' ', Nlehaus of the same CITY. |
,,v,s J small tract of the Hogg |
~ ''uu az the rate of $104, 900 an
". sssoer q the Hogg Swayne syndicate
4 assd 4 los. rost reporter tonight that ne
\ n, svS'ypllecl the impression that there
4, GrsnaNs wv between his company and
= ,r,rr Company, stating that on the
gSS,v ySsney ana Galley had rendered
5s,ses n tbaf se syndicate valuable as
kpslty. VIC development of the latter's
q 'ays Of quick money In speculation
y over yet In Beaumont, as was
a.'.sa 10 the case Of Colonel S. e. Moss
nN nlsSt, He purchased an acre
a sgsaIe z, Hop Heights and could have
xlei,sa y within two hours for a
Ms,NioV and, In fact. he could na,,a
.absr n now n; This is only one of
n snshs Incidents that serve to show
tie speCrla"tIo TWO on OF the hill would
'p''ulaiors Wild again.
~
g = now quite demand for smaller
~ the Hogg Swayne land than n
ssu,,a a acre many people wanting
n Il II ts UsneLs desiring slxteenths. MANY
4 N Il rT rs 6Sompanles that are not MS.
4 70 All 49, on their present holdings
No 10 MI ednoagh of the Spindletop fer
n q saisds Soi ioor spouter, developing
AViuinss at their leisure.
' .s..s Consolidated Oil com.
4 4, ~ s.'u !, rig in place on their pnr.
8sus n ~, ~, Hogg.Swayne syndicate ana
4 :" d Wen started by Friday.
ppuOashed In the Eastern oil fields
3 ~, s',1nont every day, with eIaring
Z, - announcing that the town & s'T nrnn'
,sIsD s5ied and the oil Industry ia
'lsat n While either of these
4 eep,l 700 plainly false to mprif
stloa n may be interesting In this
4 lls Wes.ee mat for the mouth Of
-s.eIn Union Telegraph com
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