The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1917-07-06

Since ftenldton has taken It's place as
the largest producing area In the state
the oil fraternity is giving greater heed
to this district and several companies
have placed their scout headquarters
horc. G, w Miohacls, who has been
at Ada with the Cosden on Gas com
pany. has had more OF the western
territory given him and he win make
Ardmorc his headquarters, Verne NJ.
Clopton, Tor the Sinclair oil 4 Gas
company, has recently been transferred
here, J, j. McMurray, formerly at
Tulsa. win devote his entire time to this
district. Tie II IN the leasing and scout
ing department of the Texas company,
The Texas company, which has it's pipe
line offices In Wilson, win establish Of
fccs for the scouting, leasing and pro-
duction departments In Arimore. OF
nee rooms have already been secured
and they viii be occupied within two
weeks from now. The assembling of
these forces OF energy IN the Healdton
dlIrict means u greater activity hero
than has prevailed In the past.
Ry ohecrving the mode OF operation
of some of the large companies, IL can
csny he determined what they think of
the oil possibilities OF the southern dis
trict. on leases Auctuate In price, while
excitement prevails, leases soar high,
and when couple of weeks pass by
without some interesting happening
the noviccs become frightened and lease
prices tumble. At times when the low
ehh has been reached the hig companies
DO their huying. and when the hurries
of high prices are ON they remain quiet
The man who Is playing the game does
not become discouraged lie has hts
basis Tor making investments and close
IN watches the market conditions or
leases when making purchases The
sinclair people, who have recently made
some heavy purchases In the FoN dts
uict have made a complete and eN'
haustivc geological survey " that sec.
tion and Il L. likely that some TRADING
win be done as result of that survey.
The most encoumging news that has
c,me from the FoN district In sevcrel
weeks reached here today. The BOX
arca Is enc of the most prominent gas
producing sections of the state hut as
an oil proposition & has failed 60 conc
| up to expectations A report today
states that the Gypsy On company ran
the tools In No I ON the Pierce arr,
In SS ssSw. which Is now IN proliNc
sas sand at seoo feet and the well mad ?
showing ot ol which Indicates that
Il win be an oil well
Uncle sam on company, in section l
Sstw. Is waiting Tor o,sing AZ ieee fee;'
The OSaple on conp0ny, IN secth'n
SsSw. has the rig up ready for the
tc,lS FNoN ana Lamb have the drihing
contract. and tacy are now az MarlcN
,Oading cut the tocls rOr this well
CrhcAlow 4 Narcun. IN SssW, arr
lrlnng ~ ise fcet When this wci
has been drilled g a depth % sSee tec'
me tc.o,s vii be moved % the Ruriorf
Rrinm well In scctto, - of the Saro
township> and teSrcr drillinS VII -
lone
Nascho On c,nrany No =. In sccth''
4 tntc. On poutotoc oounty. Is uaSr's
| h,,n six o. clght m1'.on fcci ~ gas a-'.
has eccn shut In ss IA sasscr Tho corf
ipanv Is srranging o. start wei NJ
on the same Mrm d. W Lee and pr
! Srnuh - Dursot Vha are drAhne b
wen ore-haf mre to t'e east ~ Nsscr,
y, 4. havc rasscj thc teNCl ~ th
s,n1s. ana thttr WEI l'oSs Ike a telurc
I
RE partl waite wcl I'm ScciNn =.
| tsye m Narshso county, has r,ser'e
/ ,rn.ee ana is ooW ahcct lfoo tcr-
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