Los Angeles herald., 1910-05-25
.LAKEvIEW NO. z IS
READY To DRILL
Completes Derrick for Rotary and
Will Push Work on
First Well
PROPERTY ADJoINS GUSHER
New Los Angeles Company Pre-
pares to Develop Valuable
Quarter in MariCopa Area

The recently organized LaSeview No.
2 Oil company, which includes in ITS
list of directors some of the original
owners of the famous Lakeview
gusher has completed derricks on its
property, adjoining the gusher property
in the Sunset field, and announces
that it will begin drilling with ro-
tary by the middle of June.
This property, which has headquar-
ters in the Merchants Trust company
building, Los Angeles. has property
located in the west half of the south
west quarter of section 26, 1924, Mount
Diable base, upon which are 94-foot
standard derrick, engine and boilers
beside all necessary tools for drilling.
The rotary rig which is about to start
will insure quick drilling of the first
well. Development work upon the
quarter section will be continued, the
MANAGEMENT announces, until it is en-
tirely drilled up.
Three miles directly north of the
Iakeview No. 2 property is the Homo
lulu, to the west is the standard 5
gusher, while a little to the south Is
the Ethel D gusher. Aside from these
noted producers in the Midway Mari
coma, field are many smaller wells pro-
ducing from 100 to 1000 barrels a day.
tt is said there is room upon the prop
ertv of the Lakeview No. for thirty
or more wells.
Charles r. Off will act in the capacity
of field manager for the new company
II was Mr.. Off who located, developed
and partially. promoted the orlsIIlaI ,l
Iakeview, and for that reason IS con-
sidered a valuable acquisition by the
new Lakeview.
The Producers Transportation pipe
line and the lines of the Standard OH
company are laid through this tieId ano
the Southern Pacific railroad is Wlthlh
one and one-half miles of the property.
In a prospectus of the LakeVleW NO
. OIL company is the following in gen
ereI unon The Kern county fields:
"The oil fields of Kern county are
among the greatest on the globe, due
10 the extreme depth of the o1l-pearlng
Sand. This sand is from one to three
hundred feet in depth, insuring pro
auction for the next fifty years: Ihese
fields have also an enhanced Value que
70 the cheapness of transportation.
Located as near the coast as tlley ar, ar
nine lines and tank steamers put lhe
MARKETS of the world at our doors.
"Adeouate facilities for transporting
oil the oil that can be produced are
provided for in the two pipe lnes lead-
inc TO the ocean. Within a few months
a third line will be in operation pump
inc oil into Arizona to be used az
fuel for its cities, uulllSS anu an Oet
A fourth line is now projected to the
coast. and the men back of 1t expect
TO have it in full operation WITHIN SIX
months so.o.or ~
overproduction, as the use OF OIL ,r,fls as
fuel is Increasing constantly: The
Southern Pacific, the Northern Pacing
the santa Fe and the Salt Lake ,' ran IL.
roads use oil on their coast lines as
fueI exclusively. The United States
government is adopting it for use II
-" @Tbe day of corporate ruin has
passed. Independent producers ane an.
nine line companies assure competl
tion in the buying of oil. These IN
denendent distributing companies arr
thoroughly organized with vast capl
tai, best equipment and endless
markets" -,
The officers and directors of the nev
company are Irving L. Pruyn, presl
dent: Charles H. White, vice president
Floyd G. White, secretary; Fred ID
Griffth. treasurer; Charles F. on
Frank P. Wells, D. w. Wickersham
Charles B. Judd and David G. Cole.