The San Francisco call., 1910-07-06
ldGpgndGnt Oil f1gn Begin Campaign for Wider Fldf2G1
GREAT TANKS FOR
union OIL COMPANY
Structures to Be Erected Near
San Luis 0bispO to Be Big
gest of Class in World

The Weber-DulIer company of Los
Angeles has filed its contract and
agreement with the recorder of San
Luis Obispo county whereby it agrees
to construct for the Union oil company
Of California two large storage tanks
Of reinforced concrete on the grounds
near San Luis Obispo recently acquired
by the Producers transportation COM
pany These tanks are TO be the larg-
est for storage Of their class in the
world, and when finished viii cost
S220.OOO. The Los Angeles firm has
given a bond Of $4,000 for the per-
Torrance of the work. and has agreed
to complete them on or before Octo-
Der 2S, 1910. For every day beyond
the time the firm agrees to forfeit slOO
The firm also guarantees that the
tanks shall not leak or crack for five
years time. The capacity of each tank
viii be a million barrels, above level
Of beginning OF 2R inch floor when
filled to within ? inches of the top.
The inside diameter of the top is 60O.5
feet; outside diameter Of wall at top,
6o1-5 feet: depth of tank from top to
level OF commencement 21.07 feet; to-
tai inside area 1882 square feet. and
total roof area 29I.3O0 square feet.
These tanks viii require a large guam
tity Of concrete. Men and teams are
already at work making excavations
for them, and every idle team near
san Luis Obispo is being employed
for the work
The Morro Bay oil company, the
stock holders being residents of San
Luis Obispo city and county, who own
lands at Moro bay. IA miles north of
san Luis Obispo and also in sections
p to p inclusive, township 80 south.
range 20 east, NJ D. B. and NJ. located
on the boundary line of Kern and San
Luis Obispo counties, has made an
agreement with Messrs H. Shlandeman.
Fred G. Carlsen, Charles Allen and
Charles S. Gilbert Of Los Angeles
whereby the company has given the
latter parties an option to purchase the
entire property. besides the drilling
outfit tools, machinery and appliances
now owned by the MORO Bay people,
for the sum Of s375.000
Five thousand dollars has been paid
by the Los Angeles people TO hold the
option, and they are to pay an addi-
tiOual sum OF Sl45. 600 on the first OF
August. 1910. Six months later another
payment of S125.O0O, and six months
afterward the final payment Of 100000.
Yancey, BarnsdalI. Drake and the
Sweeney Brothers have arranged for
s. ,000, 600 loan on 10 year convertible
gold bonds with interest at per cent
- -a in rr-fr p
the Globe exploration company Of New
York city. The Yancey combine has
mortgaged some OF its holdings in San
Luis Obispo and Kern counties. and
with the money intends TO develop
them for oil.
The Bradley oil company has secured
lease from Mrs. Emma Exline of
Paso Robles for a tract of land in the
san Antonio section u miles from San
Miguel, and is TO commence operations
at once. This company put down
hole 1886 feet deep near the town Of
Bradley and then had to abandon 1t,
being unable TO shut off the water.
The drill in the abandoned well went
through over 100 feet of barren oil
sand
J. W. Seeley of San Miguel and others
have procured a lease for $50 acres
OF land near the Nacimiento ranch,
with the privilege of buying the land
within two years time for $3.50 per
acre. They further agree to begin
drilling for oil at once and already are
1T work getting the material and ma
chinery on the ground for the rig. They
must complete a well within years
time or forfeit the lease. Other con-
Germs are arranging TO bore for oil S
soon as they can arrange for land in
the same neighborhood
Two years ago the Mohawk oil COM
pany was organized and began drill
ing for oil just north Of the town of
Arroyo Granae., The drill went down
TO a depth OF l.243 feet and at the
time the well was abandoned there was
a strong pressure Of gas which forced
the mud several feet above the casing. |
Arroyo Grande and san Luis Obispo 1
men have reorganized the company
and are preparing to resume opera /
tions and sink the hole deeper.