Arizona republican., 1911-08-13
DOUGLAS MAY BE
 CENTER OF O|L FIELD
Excitement Brings Conviction That a Great Industry is About to Develop

Douglas has been hit by the oil ex- citement that has recently stirred the southern part of the territory The prediction is made by the Bisbee Daily Review, that Douglas bids fair to be- come the center of the oil excitement which will rival all the mining inter est Of the past and may result in add ing much wealth to Cochise county. as have the mines of the Mule mountains Such results would not be beyond the expectations of a number of the citi- zens of this city who have banded themselves together for the purpose of developing oil lands which they have secured near the san Pedro river, west of Fairbanks.
 w. ". Stovar, the well known citi- Zen of Douglas, and C. B. Mitchell. an oil expert of California, but who has been operating in the oil fields of Mex leo for the past year. returned to the city yesterday morning after having been at work for three weeks making surveys of the desired land and mak- ing the necessary filings to put it in the way of entry The land is unsur- veyed, so it was necessary to make the surveys and file them with the loca- ton papers.
 MT. Mitchell declared yesterday that he had never examined an oil belt more promising than the one where the oil lands were secured by himself Sto- wall and their associates in this city On either side of this land is the re- quired apex to insure a flow to the sur face of 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 under taken just as soon as the necessary boring machinery can be brought to the property, probably during the early part of the next month.
 The company will bear the name of the Arizona Oil Company and the fol- lowing are already interested in the enterprise: w. w. Stovall. D. N. Darl- ing. D. L. Peary, Henry Neiman. Flu gene Aument, c. NJ Seaman, Albert Stacy, G. A. Mitchell and Dr. J. J. P. Armstrong.
 It is known that government sur veyors have already reported on this section as being favorable for oil de VelOpment and just over the hill from the land secured by the Douglas com pany a company from Tucson is now sinking a well. For a 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 de- livered on the ground as soon as pos sible. 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 necessary to put well down to the required depth. The boring machine which will be purchas- ed will have a capacity for going to a depth of 3OO1 feet. There will be no promotion stock and every share of stock issued will give its owner an equal interest with every other stock holder. Officials of the company will receive no salaries and every dollar brought to the company will be expend- ed Tn the economical development of the company.
 The land to be developed is on the survey of the proposed Tucson eXten- sion of the Fl PasO & Southwestern railroad and the securing of oil in that locality would put in direct connec- tion by rail transportation with an the