Semi-weekly herald., 1913-02-24
ACTIVITY IN
fARMINGTON
OIL f|fLDS

ieiSs uiiuer az tHc VII welt VINO mas
extensive holdings, and Charles Ewcll
cf Durango, whereby the latter Sc
cured lease on quarter section of
oil land for period of twenty years
CT basis of an eighth royalty. Ac-
ccrding to the CONTRACT MIR. Ewell
agrees to put up rig within ninety
days and commence drilling. MIR.
Ewell has also secured an option upon
section 27, owned by Mr. Daniels.
The option expires the first of March.
The section is valued at $2,50O, and
if the land is taken over Mr. Daniels
is to receive $1,250 in cash and is
to be given like amount in the stock
of any company that may be organized
to develop the field.
That oil in abundance has been
found in the Pennington Meadows
oil well has been proven beyond a
doubt to the many visitors who made
the trip to the well the latter part
Of last week and this week. At the
request Of those SO desiring the bailer
was lowered and brought to the sur
face overlooking with oil, and all
who have witnessed it are satisfied
that strike has been made tina. will
be worth while.
As the well is not cased further
down than two hundred feet, cave
ins have occurred, and have buried
some of the drilling tools, but through
all this debris in the hole the oil con-
tinues to rise, and was taken out by
the barrelful nearly every day. The
drillers are now fishing out the tools
that were lost in the hole. When they
are recovered, drilling will probably
not be resumed until casing cali be
put down the entire depth of the we'll.
The first of the ejweek Paul NJ. Resor
of the Pueblo Manufacturing com
pany, was in town and made an Of
fer to d. F. Dspisls, the driller, u
ship in q cariosd of casing and agreed
that if the company could not rafsr
the money to pay for it, that he would
ship it anyway at his own risk, 81
the problem Of securing the casing is
practically settled.
Mr.. Mattox has offered to Civ.
one-half section Of oil land and guar.
antee apother like area to any oil
man who will come in and put down
a well within reasonable length OF
time. Several outsiders are consid.
ering this proposition, but as vel
nothing definite has been settled II
regard to the offer. 1t is expected
however, that Seven Lakes and Bluff
oil people will probably take up tn.
offer and will move their rigs ontc
the grounds within the next sixty
days and commence drilling.
We are informed that three of The
largest oil land holders in the fc,c
have offered to give eighty acres Out
of any 100 to any who will put up a
rig and commence drilling either or
the 160-acre tract or on lands ad-
joining it.
One section of land has been leased
to the Durango Oil syndicate Of that
city, the owners Of the lands agree
ing to take as pay one-seyenth of the
oil produced.
j. S. Palmer, J. T. Mcdonald ant
w. H. Symonds of this city have
been very active in the fields and have
secured some three sections of lant
and half for their company, which
is known as the Enterprise. They
have been offered a good price PEI
acre for their holdings, but refused
to sell, as they intend to secure &
rig and commence operations within {
short time themselves.
Ex-County Surveyor Charles F. Hol
ly has been out in the oil region will
party of Denver and Durango men
stalking out oil locations.
l.. NJ. Garrett and party have alst
been working in the oil section foi
nearly week and have staked ou
large holdings.
L. M. Willhoite, county surveyor
has been in the field with compan,
from Aztec. At that place two OF
companies being organized. One in
tends to sink a well on holdings il
the Pennington Meadows, while tn,
other is considering the advisabilit.
of boring for oil right in Aztec. Boil
companies are, however, still in tn
formative stage.
The Foley brothers of this plac,
have completed stalking off severa
sections Of land north Of Pennington
They say they are assured that wei
is to be sunk in the Glade, and the.
are securing the lands for the com
pany.
1 A tract of decided land, 120 acres
situate Immediately west Of the pres
ent we'll, was sold last week for tn
sum Of $4,000 to company Of Farm
ington men composed Of J. p Wright
]. D. Clark, John C. Hubbard an
Harry Hubbard. The money is in IL:
bank and the deeds are TO be signe
tomorrow II the seller can get the ali
,<,..x. l., .h.oa b,, that ttv,r.