Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-06-10
MINING, BUSINESS AND STOCKS.
AREA0F
WYOMING OIL FIELDS
Many California and Salt Lake People
Arc Entering Field About kcm-
nlcrcr and Spring Valley.

Z Many California and Salt Lake Peoplt
Arc Entering Field About I<cni-
mercer and Spring Valley.
"A number Of companies. backed by
California and Salt Lake apitalists, arc
{ now doing some rapid work IN the
Wyoming oil fields, and in all proba bill
tiles there Mill be at least a dozen more
enter the field before the summer Is
over Relative to the coil fields the
Wyoming Press has the following to
s say:
The records in the county clerk s
office show that more land has been 10
Gated during the past six months than
lat any time ofF he same period during
4 the past six years. And well located
Z land is5not easy5to be had al the pres
crt time. There arc few, and very few,
who have large blocks OF land. and
those 50 fortunate, have inquiries from
different places as to price, and con-
ditions under which the land can be
put into syndicates. Some men Who
have money and are spectators instead
Of operators, afe fast becoming inter-
ested in the field, and those who are
fortunate enough TO secure blocks OF
land OF 5000 acres or more, Will have
All opportunity to double their money.
3 The price asked per section is season.
able enough to bei{a an lnducenlent to
those who are looking for Investment
aside from mining and Industrial stocks.
~ The peopie8uf California can more
fully appreciate the opportunities OF
InakingEmone In oil lands, than in any
other state, for the reason that more
I. money has been made In oil ina shorter
space Of time than in any mining Ven
= .turc. S 4ss t5ss s
COMPANIES OPERATING.
The following companies are operat
ing the Spring Valley district:
The International Consolidated Oil
company, the Standards Reserve OIL
company. the Pittsburg-Salt Lake Oil
company and the 4Arnericnn-Gonsol
ed Oil company. Il
The Ainerican-Co Consolidated has some
good property and expects to be uper-
ating as soon as MIR. Smith. a. coin-s
retent driller.5 arrives from the3east He
Was called to ssuperintend some opera
tons i'll the oil fields Of Virginia, and
upon his return toSthe Uinta county
field We look for this company to resume
operations Upon n large scale, AS they are
one of the most substantial concerns to
turn its attention in this direction
The International-Cons conf
5panS, deserves much success as they
continued operating at time during
the winter under most unfavorable
conditions. They are making an eX-s
cellent showing and we trust they may
continue to bring In producing wells.
In regard to land and it's value
conditions have changed very mater
tally. Inquiries come in every mail
asking the possibility or securing large
acreage. 35i, 49,
A n " rfrnN
panies is the 1torty-three Gravity Oil
company who have va liable holdings
between Spring Valley and Cumber-
land.
Their field manager Mr.. ]. c. Fisher
is now on the companSs ground err
Getting bunkllouses ard getting ready
for the new machinery which will soon
be installed. At the point where this
company Is located Sthe formation APP
pears very regular and their prospects
of securing successful wells are Very
favorable.
OPEN NEW DISTRICT.
near keinmerer near. the Oregon Short
Line Two California companies are
operating there ati4preseDt--the Fresno
Wyoming and Fresno uinta OIL COM
5panies. All the available land around
Kemmerer for miles has been located
and all of the companies operating in
tile field have large holdings In that To-
Scality. Some prominent citizens of
Evanston have extensive holdings IN
stie Kemmerer district realizing the
prospects are very favorable for the
development of a successful field The
prediction made six years ago by prac-4
teal men is coming true. They stated s
the field was broad: what was really
required was ssyndicates with5sufiiclent8
int J,a Nal n N
o. number of wells, and that many of &
them would be successfully rewarded. I
With the very high grade oil found
in the wells already drilled In this
field, gushers are not necessary. 4
10 barrel we'll OF AZ or "A gravity oil
Is a good paying proposition.
GERMANS AFTER LAND.
We understand upon very reliable
authority. that one of DIR townsmen
who Is largely interested in lands in
this field, has had inquiries from
cppitalistsgin Berlin, Germany, asking
III 1t was possible to9securc blocks
of land, where! operations could soon
he commenced. Our high grade oil
is heralded all ove, the world. The
prediction has been made that WNom-
ing will35be a second Pennsylvania.
Ne have large, undeveloped coal
beds and all indications point out a
successful oil Held.
Transportation facilities are the very
best and there is an abundance of
3roal and water here for operation pur-
poses. There Is a market for all of
the crude. oil available, and an un-
limited market for the refined pro-
duct. The highest price is paid for
the crude product OF any place in
the United States
We invite capitalize become inter-
ested i'll the field, which has before
1t a prosperous future
MARKET Is UNINTERESTISG.