The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1910-03-05

Dwyer Doc Lewis and associates have
under their control and option over
1000 acres. S. Damon has large inter
ests from Antelope to Sulphur and it
is stated that consolidation of huge
interests, backed by ample capital, is
about to take place.
California capitalists, who have been
very successful in the Coalinga and ad-
joining fields are promoting the
merger. This consolidation of inter
ests and bringing here of ample capi-
tai to sink wells to any required depth,
assuring a profitable commercial oil
field, will greatly benefit the whole
state, while it would boom Winnemuc-
ca and Humboldt county more than the
discovery of dozen rich mines. Win
nemucca will control the oil fields and
will naturally receive the greatest
benefits as the natural Quitting point
and market for distributing the pro-
duct. Should the plans of the con-
tempplated merger crystalize into full
success it would have under its control
fully one third of the whole field They
have had competent experts quietly at
work and we are informed that their
reports upon which depend positive ac-
tion have just gone forward and are
thoroughly 1aV0raD1e.
The recent pumping of light gravity
oil at Sulphur in appreciable quantities
will stimulate activity in the field
and draw investors who have only been
waiting for positive assurances of the
possibilities of the field. A party OF
California experts are due to arrive
this week. Should they send back
favorable reports, there will be no lack
81 ~ 1
once develop the properties. Such
the field in the hands of some of Cali
fornia s best experts with strong fnan
cial support standard drilling rigs will
soon dot the territory sending down
Dores to 5000 feet if necessary. The
formations seem to warrant this.
The fine weather of the last few
days has melted the snow and dried uI
the surface so prospecting can be done
without hindrance in anv part of the
and the Elephant on the west in
creases the area of the Sulphur feld
to large proportions Notwithstand
and Elephant fields but few prospector.
are aware of the real conditions, al
though many claims have been staked
ent time maintained a very conserva
tive attitude regarding the oil fields
preferring to await tangible evidence
of merit before offering encouragement
to either prospectors or capitalists. A
premature boom could only work dam
age to the community and fnancia
loss to real investors. Even now, aftel
a personal inspection of the fields by ;
staff representative, we can only say
that the indications are fully supported
by evidence that would convince tn,
most conservative expert that real OF
fields of great promise exist, with tn,
Sulphur fields as the center of the area
The Western Pacific railroad an(
Western Union telegraph line cross thu
fields, offering facilities for obtainin,
supplies of all kinds and for ingres
and egress, while Winnemucca is nea
by, as base, with unlimited resources
1t only remains for the present com
panies now ON the ground to sink
ew wells to proper depth to complet
the proofs.
The oil is light gravity, worth nv
dollars per barrel, compared to Cali
fornia heavy oil, worth only one dollar
which must be taken into consideration
when estimating the varue of tnes
fields.