The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-04-26
LOCAL CAPITAL
INVESTED IN OIL
Pittsburg-SaIt Lake Company
Building a Refinery Near
Evanston, WyO.
WELLS ARE LOCATED
In SPRING VALLEY
Already the Company Has EX-
pended 100000 on the
New Refinery.

Work on the Pittsburg.S Salt Lake Oil
company's refinery at Spring Valley,
near Evanston. Wyo., is going on al a
rapid pace, and it is expected that the
refinery will be ready for occupancy
by the middle of May. The Pittsburg
Salt Lake Oil company was organized
Two years ago for the development of
some valuable oil wells found in Spring
Valley.
The officers Of the company are well
known ana influential business men of
Salt Lake and Pittsburg. O. X. Lewis,
formerly of Butte, Mont, is president
vice-president. Mr.. Brockmau has had
a great deal Of experience in thhe oil
fields of Pennsylvania. His interest in
the company whose wells are at Spring
Valley was first aroused by the excellent
product secured from the nine wells
owned by the company. j. Hebcr Rich
ards is secretary and treasurer. Mr.
Richards was formerly connected with
the old Wells-Fargo bank ir this city.
His father is Dr. Richards Of the i.
d. S. hospital
The board of directors is composed Of
the following; A. Y. Taylor, c. n. Sire
veil, Sam Porter, +. T. Brockmsn and
o. X. Lewis. All are prominent men Of
the city. Mr., Taylor has been connect
cd with the American party movement.
Mr.. Streyell is of the local hardware
firm Of that name, and Mr. Porter is
connected with the Kenyon hotel.
The company. VIII have expended
100000 on the new refinery by the
time it is completed. it viii be
large structure having capacity equal
10 the estimated output Of the wells,
I ,,l lz llN.,
oils produced by the wells and The re-
finery was designed especially for their
trea tment.
Before entering such large enter
prise the directors of the company made
sure their product would be contin-
uous, and also made certain Of the
character of their product, The wells
| controlled by the company are nine in
| number They are in the Spring Val
ley, about twenty miles from Evans
ton. Wyo Railroad connections are but
half mile distant from the refinery.
Some Of the wells shoot the oil over
fifty feet above the tops of tho oil de
ricks When especially agitated, the
oil is thrown 10 greater heights. No
mechanical devices are necessary to
raise the oil to the surface
The wells lie in formation known as
the Laramie, This geological horizon
is to the western oil fields exactly what
the geological horizons of Pennsylvania
are to tho Eastern oil fields.
The product secured from the wells
is of high grade. Oils are derived
from two bases, either a paraf1ine or
An asphaltum base. The product secured
by distilhng the oil Of the paraffne
base can be used commercially at n
higher profit than can the other. Elab-
crate tests of the oil from these wells
confirm the fact that the base is par
sfine. BY slight distlllation high
grade of gasoline is secured from the
crude oil Other products are also de-
rived with but little extra cost.
| There is no boom on in the fields IN
| Spring Valley. but the local capital
| lists realized the worth of their crude
oil and have gone ahead and taken ac-
tive steps to refine 1T and secure tho
profits attached TO the same. After
The works are in. running shape, it will
not be long before the local market
will be supplied with oil other than Of
the John b. Rockefeller variety, and
an oil which the members of the Pitts
burg.Salt Lake company claim 10 be
| Of a better grade.