The Ronan pioneer. [volume] (Ronan, Mont.) 1910-1970, 1917-03-30
STATE WATCHES
OIL DEVELOPMENT
EVERY DOME AND ANTICLINE
IN WYOMING WILL BE DE-
VELOPED THIS YEAR.
Structural Conditions in Montana
Very Similar to Those of Wyoln-
ing; Rush Into New Fields Fairly
On; Casper Is Scene Of Much
Activity.

Activity.
From present indications every
dome and anticline, real and sup
posed, in the state of Wyoming will
be pierced with drill holes this year,
in the feverish and increasing ankle
ty to uncover the vast reservoirs OF
oil that are believed to yet remain
hidden under that state. This rush
has attained the proportions of ma
tional boom and is predicted by oil
experts that it will soon exceed the
gold rush of California or that OF the
Klondike
Furthermore it may envelop Mon
tana at any time. Just one strike OF
oil we'll within the borders of the
state, and there are many of them
possible, and the big thing will be on.
Furthermore it will be augmented
with all the fascination of new
STRIKE" that forms the further fact
that there are so many very prob
able oil structures in central Mon
tana that only await the impetus OF
one successful pioneering venture.
Everybody's Doing 1t.
According to the Casper Record of
recent date that city has been caught
in the maelstrom of stock specula
ton. Everybody's doing it, the
butcher, the baker, and the quick
money maker. Many of the business
men have turned from the more pro-
sale channels of trade and are max
ing money with the speed that is only
known to the oil world. 1t is in the
air to such an extent that when one
sticks to the staid ways of the for
mer days he has hard time explain
ing to he wife and other dependents
Just how it happens that the neigh
Dor across the way, who, few weeks
ago had no more money than the
common lot, happens to be backing
the new six, eight or twelve cylinder
limousine out of the new garage, and
If off with all hands for big merry
making, money spending dinner par
ty at the best hotel, said hotel itself
standing as a monument in name to
the big Midwest Oil company, the
giant and daddy of all the little wy
oming baby oil companies that are
just now making such lusty yells for
the recognition of the money seekers.
Has Made Good.
Yet it is easy to find the reasons
for all of this. Wyoming oil has
made good It has built giant cor
porations and a flock of millionaires
that rival in strength at least the
other flocks that roam the Wyoming
hills. The state Of Wyoming has
grown wealthy from the various
sources of revenue from this won
drous fluid, and YET the experts say
that only three per cent of its re-
sources in this line have been ex-
hausted. Recently the state sold one
quarter section, which year ago
was only good for the sage brush
that was on it, for the neat little sum
of 900 and retains permanent
royalty of 10 per cent of the produc-
ton. It is source of great pride to
the residents that it will soon be
known as the first and only taxless
state of the union, it's revenues from
oil being sufficient to care for all the
costs of government.
Rush Is On.
AS an example of this great boom
movement, hotel rooms at Casper are
at a premium and houses are out OF
the question. Each night finds the
hotel Hobbies filled with those seek
ing rest from the exciting chase, and
content with the luxury of chair.
The rush is not from the ranks OF the
uninitiated, but is made up from the
oil fields of Pennsylvania, from those
of Illinois and Indiana, and still more
and in ever increasing ratio from the
great oil producing fields of Oklaho-
ma, Texas and Kansas. and even
those from California are found
among the ones who are willing and
anxious to buck the snow drifts OF
Wyoming to be in on the ground
floor and ahead of those who will
follow in hordes with the oncoming
spring.
Some Big Profits.
Midwest Refining stock advanced
during a recent week, $25 per share
or practically a net gain of 20 pei
cent. Merritt oil went begging few
weeks ago and is now going strong
at around $25 per share. Other is
sues were started at cents and are
now bringing in the dollars and the
beauty of it all is that the advances
are brought about by those who have
been on the ground and have seer
the oil, that woodworking fluic
that makes the automobile go in ev
cry hamlet of the land and is found
of service to every revolving spindle
of the wheels of industry, yet sets the
blood of men tingling with the re
nance and spirit of adventure, onl,
equalled and not excelled, by the
great yellow gold, the cause OF thu
worlds greatest booms.