Bisbee daily review., 1911-08-02
OIL FEVER HITTING
 DOUGLAS MEN HARD
Great Things Predicted for New Fields Now Being
 Investigated

Douglas now bids fair to become the center of an oil excitement which will rival all the mining inter est of the past and may result in adding much wealth to Cochise coun- ty, as have the mines Of the Mule mountains. Such results would not be beyond the expectations of a number of the citizens of this city who have banded themselves togeth- CT for the purpose of developing oil lands which they have secured near the San Pedro river. west of Fair banks.
 w. w. StovaI. the well known citizen of Douglas, and c. B. Mitch ell. an oil expert of California. but who has been operating in the oil fields of Mexico for the past year. returned to the city yesterday morn ing after having been at work for three weeks making surveys of the desired land and makiag the neces sary filings to put it in the way of entry. The land is unsurveyed, so it was necessary to make the sur veys and file them with the location papers.
 sIr. Mitchell declared yesterday that he had never examined an oil belt more promising than the one where the oil lands were secured by himself Stovall and their asso- ciates in this city. On either side of this land is the required apex so insure a flow to the surface os whatever is encountered, be it oil or water.
 On arriving in the city the work of organizing a company for the purpose of developing the land will be undertaken just as soon as tho necessary boring machinery can be brought to the property, probably during the early part of next month.
 This company will bear the name of the Arizona Oil company and the following are already interested in the enterprise: W. W. StoyaI, D. N Darling. D. L. Peary. Henry Neiman, Eugene Aument, c. NJ. Seaman, Al bert Stacy. G. A. Hesse. c. E. Nit chen and Dr. J J. P. Armstrong.
 It is known that government sur veyors have already reported on this section as being favorable for oil development and just oyer the hill from the land secured by the Doug las company a company from Tue son is now sinking well. For long distance a bituminous shale has been uncovered. which, when broken, gives a strong odor Of oil gas.
 A standard rig is to be ordered delivered on the ground as soon as possible, so that the test may be made without any delay.
 The originators of this enterprise are so confident of success that they will only issue the required amount of stock to raise the money neces- sary to put a well down to the re- Quired depth. The boring machine which will be purchased will have capacity for going to a depth of 5000 feet There will be no promotion stock and every share of stock is- sued will give its owner an equal interest with every other stockhold- CT. Officials of the company will receive no salaries and every dollar brought to the company will be ex- pended in the economical develop ment of the company.
 The land to be developed is on the survey of the proposed Tucson extension of the Fl Paso & South western railroad and the securing of oil in that locality would put in dl- rect connection by rail transporta- ton with all the big mining camps in Southern Arizona. and it would mean more for the prosperity of the territory than anything which could be imagined in the way of indus trial development It would mean a