Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1916-04-18
MUCH ACTIVITY IN STEPHENS.

Special to The World.
DUNCAN. okla. April 1.-THE un-
precedentcd interest In oil and gas de-
yclopmcnt continues In stephens
county. Nearly every oil company OF
consequence has one or more repre-
sentatiVes here. and there Is spirited
bidding on every lease. especially In
the more favorable territory.
A number Of geologists have located
an anticline which runs northwest
from the GYPSY companys big gasser
"A distance OF about twenty miles.
There are Il number Of domes along
this antcline, and these will probably |
all be tested this year. There IS no |
lctup Of drilling operations. ana sew
eral parties are preparing to make |
locations soon. II is now an assured |
fact that stephens county VIII be
thoroughly tested, for nearly a half
million dollars rs wrapped up in leases |
| which have been secured by respon-
sible parties. While most of the land
| has been leased from the owners,
these leases continue to change hands
in spirited manner and at high
| figure. and the ones that were secured
| six months ago for IS and $40 now
| bring $40 to $50.
| Abstract offices in Duncan are just
now getting caught mp with their
work. and the office Of county clerk
and ex-officiO register Of deeds re-
ports more business than at any time
since statehood.
Mead e Neely have secured the
drilling contract for the well to be
drilled By f.. :. Brodie Of Wichita,
Kan. on land in 9-2-4 west, which
| was leased from II. Il. LoCkett and
others Of Comonche. Under the
! terms OF the contract Mr. Brodie is to
start work within the next few weeks
and has posted forfeit Of $4,000 to
| g..I .f.., % ha
contract. The rig contract has also
been let, and it is reported that work
will commence as soon as 1t Is COM
| Iletcd. This test is causing much
Commcn. over the state as we'll as
locally. as it is in favorable territory
and will prove the anticiinc which
runs through he country. II is in
this vicinity that leases are selling as
high as $50 an acre
NARROW parties have made a loca-
ton in section II, 2 north, west and
operations will start soon.
The GYPSY company will soon start
a test in section IA. . south west,
and it is probable that several other
locations will be made in this town
ship during the next thirty days
The Lone Star Oil & Gas Co. has
completed several earthen water
tanks in the Loco field preparatory to
starting ext ensive drilling operations
The National Oil & Development
CO., IA miles southeast, has its well
down 400 feet. \ delay was caused
when the 10-inch casing was pulled
apart last week.
After being shut down for several
months. work has been resumed on
the Williams well six miles southeast.
The well is now at about $500 feet
and good showing of gas has been
encountered.
The Mc-Man wen. 13 miles east, is
drilling at 800 feet.
The Anticline well eight miles east
is drilling at 1850 feet. 1t was re-
rortcd last week that the test had
, Deer abandoned. but r. NJ. Conway,
; president Of the AntiCline company,
was here later and contradicted the
4. report, saying that they would con-
tinuc until definite results we're OBJ
] tanned.
The Roy NJ johnson well three miles
/, south of Loco is drilling az 1000 feet.
The formation between 700 and 500
feet showed considerable gas
= The Stciner-Sykos Oil company has
made a location in section s. north
west in Carter county. one mile east
cf the Stephens county line.
Lawton parties have made loca'
ton u miles northwest of Duncan
e and drilling will probably start this
I week
The Healdton oil & Gas Co, com
. rosed of local people, who recently
: sold their leases IL the Healdton field
I for 500. O0G, has declared a dividenc
of $3.50 This company was or
q ganizcd three years ago with capita
u Of $4,000, the stock selling at nearly
80 to l.
g Skelly & Russel Of Tulsa. wh'
recently sold their property in th'
n Hcaldton field for approximately
h $500 600. have purchased a large
block of acreage Is miles east anC
s. will start drilling operations in thu
T. rear future.
Biologists who have investigated
n claim this is the most likely territor!
n i'm the state at this time, and 1t i
probable that every favorable plac'
i'm the county will be drilled this year