The Glenwood post., 1915-11-27

A new impetus was given to the oil
and gas business in the DeBeque field
when the Rifle-DeBeque Oil and Gas
company the past week succeeded in
raising fund of $4,000 to prosecute
the work of boring new oil well and
piping the product of the old gas well
to the town of DeBeque and supplying
the inhabitants thereof with the best
of natural gas for Illuminating and
heating purposes.
The company has had an uphill strug-
gle from the beginning, with nothing
to start on but Cogdell S debts and
Misrepresentation, but it has gradually
overcome all obstacles until with IT,
turning confidence as result of elm
mating the only Objectionable charac-
ter in the company the light is shining
for this company and all are hopeful.
All pressing debts have now been
paid, the last installment for the sec.
ond new derrick having been cancelle i
yesterday.
The best news that has yet come to
this company is contained in tele-
gram from DR.. Miller in Florida who
has found people to finance the COM
pany to the extent of $4,000 and the
best part of it is that the doctor
wired $500 to Oklahoma for the ir.
itial payment on an excellent string
of tools which have been loaded and
are now on the way to DeBeque where
they will be put into immediate use in
drilling the new company's first oil
well.
The old gas well which is now owned
by this company and which has been
at intervals spouting gas for many
years, has been capped and the gas
confined for the present. Negotiations
with the town of DeBeque are now
under way looking to the installation
of complete pipe line through The
streets for supplying the inhabitants
with gas and it is expected that work
to that end will begin very soon. An
option on the necessary pipe was taken
by Mr.. Kessler at a very favorable
figure during his recent trip to Denver.
The company have an excellent man
in the person of H. G. Kessler, presi-
dent and general manager of the COM
pany, man of wide experience in
,il al of 1pb u,
man of more than ordinary Intelligence,
of indomitable will which permits no
obstacle to come between him and his
plans for success. Mr.. Kessler will ut
once move with his family to DeBequc
and will personally direct the work
which the company has undertaken.
Mr.. Kessler will be assisted by l.. g.
Cosper, one of the best oil well drillers
in the country. Mr.. Cosper is one Of
the directors of the new company and
it is from him the company has So
cured modern outfit of tools and
well drilling machinery.
The gas from the DeBeque well is
the best in the country and the oil is
Of exceptional quality, running AZ per
cent in paraffine and demanding an ex-
cellent price on the market.
A refinery has been assured as soon
as oil is produced in sufficient guam
tity to demand it. At least one and
probably two smelters are promised
just as soon as the flow Of gas is in
creased to sufficient amount to supply
them with fuel. A pressed brick fac.
tory is one Of the early probabilities
Of the field while 1t is known that the
very finest Of glass sand in inexausti-
BILE quantities exists at DeBeque and
Mr.. Kessler predicts that glass fac.
tory will be one of the first adjuucts
to well developed oil field at De-
Beque.
Tho new company has fine boiler
ard engine sad many 'ssesssasy tosla