Los Angeles herald., 1910-05-02
and night tours, and expect to bring
in the well by the middle OF July.

and night tours, and expect to bring
in the we'll by the middle OF July,
ACQUIRES STRONG MAN
w. E. WLeatly, formerly vice presi-
dent of the Consolidated Lumber COM
pany. and one Of the best known busi-
ness men on the coast. has been
elected to the vice presidency of the
Mid way Five Oil company. uTgi
A well that looks like 1t might4beI
worth while has just been drilled into
live oil sand by the Hazelton Crude
Oil company, section IL, 11-23, one mile
east of Hazelton station and east of
the old Sunset field, at depth OF
1900 feet. The hole is filled half way
to the top with oil. which is standing
in the casing under the water
The Western Minerals has encoun-
tered gas and indications of oil in its
we'll on section %, 11-2S, half way be-
tween its we'll on section 25 and the
Hazelton Crude. A line drawn from
the we'll on section 25 northeast to the
X. 7. & o. and Ethel D., runs short
distance east of the we'll on section
% and the Hazelton Crude on section
II. number of wells are drilling
along the course of and nearby this
line, among which are the Johnson,
Hailstone, Essex, Lady Washington,
south of sections % and % the West
ern Minerals has large acreage and
is developing extensively.
Following in the wake of the eX-
tensive development now in progress is
a number of large sales of oil land at
the top market price, making 1t APP
pear as If the oil industry had started
with summer boom that would rival
or surpass that of the winter and
spring. 1t is talked in conservative
circles that more actual development
will be done this summer than ever
before in California and that the de-
mand will at no time weaken, but
rather will be gradually increased as
the market widens and the pipe lines
become better adjusted to the supply
and demand.
RECORD SALE IN LAND
The record sale in oil land was made
a few days ago at San Francisco when
J. c. Yancey bought twenty acres in
the Maricopa Midway field. The
twenty acres are undeveloped and the
price paid was $4,000, or at the rate
of $500 an acre. The land lies in sec
ton 80. 1924, and is said to have every
prospect of being in the gusher belt.
The land was recently sold by the
Monte Cristo company to Holbrook
Mcguire and Spreckles. In the second
transaction part of the acreage was
reserved for development. Mr. Yancey
will soon begin work upon the prop
erty purchased.
The Buick Oil company, headed by
D. d. Buick, the automobile man, has
let a contract to a rotary company to
drill a we'll on the southwest corner
of its forty acres on the east side of
section 80, 31-23. The land, which was
bought recently from j. NJ. Mcleod,
To ~ TOrOinC iS 1O-
Gated in the recognized gusher belt
of the Midway field. adjoining the Cal
ifornia Midway on the east. The COM
pany also has holdings on Sunset field.
The Buick company has headquarterS
In the San Fernando building, Los
Angeles, and is capitalized for $5,000,-
000 1t is said this company is now
negotiating for other producing prop
erty and that it is the intention or
it's hackers to develop 1t into large
operating concern. Mr.. Buick is a re-
cent arrival from Michigan and was
drawn to the coast through the op-
portunity offered in the oil business.
Interested with him are ]. B. Lehigh,
vice president: j. M. Herndon, secre-
tary, and F. F. Hoard, field superin-
tendent.
TAKE STOCK OPTION
Burr Brothers have taken an option
on Iue treasury SlOCh VI lllC ooaiih5d
Central, formerly the st. Clair Oil
company owning 120-acre lease in
the proven Coalinga field. and has
placed 10000 shares on sale in New
York. The stock is also being traded
in on the San Francisco exchanges.
The Coalinga Central's treasury stock
amounts to less than so per cent and
the ST. Clairs are still in control of the
company Everett st. Clair will re-
main manager of the property. new
well, good for 100 barrels, it is said,
is now being brought in.
Work has been started by the Hy
gravity Oil company on it's property,
consisting of 1920 acres nine miles from
Fillmore in Ventura county. The par
eel includes all section 4. the north
half of section g. the northwest quar-
ter of the southeast quarter of section
5 and small part of section 6. The
first we'll will be drilled on the forty
acres in section 8. This enterprise is
being put through by r. w Kemp.
Fl. c. Milsap and c. r. Sparks, all
Los Angeles lawyers; f. c. Paulin of
the Imperial Land company, and t. p.
Cullen, superintendent of the Salt Lake