Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-01-20
Company Secured Conces-
sion on 9 Million Acres
in Costa Rica.
PIPE LINE TO HOUSTON
Tulsa Company Destined
to Become One of Great
est in Entire World.
Gy ]. A. MKEENER)
...t ., ri. XN..IJ

for making the Sinclair oil & Refining
corporation International in its scope
and announcements which II. +. Sin
clair, president of that corporation,
hopes will he effectual In those plans
were discussed by Mr.. Sinclair with
the newspaper men this afternoon in
his private car on board the Sinclair
special train, carrying one hundred
bankers from the larger centers Of the
United States.
The announcements were made
shortly after the train left the II
Dorado field. after completing
weeks tour of the great Mid-Conti-
nent oil feds.
\ Costa I,ica Field.
These announcements included the
acquiring of an oil concession In the
republic of Costo Rica Of nine million
acres and the letting OF contract
to build an eieht-inch pipe line from
the Healdton field to the gulf of Mex
ico about five hundred miles long.
and the construction of "A big refinery
at Houston. Texas.
Mr.. Sinclair met the newspaper men
In his office on the train at 4:S0 this
afternoon and briefly outlined the for
explained the idea behind II, noting
carefully that his company was not
a competitor Of the Standard oil COM
pany, but rather IA new corporation
seeking to share In supplying the pub.
lie with the products Of petroleum
Another pipe Line.
He detailed the steps in the organ
ization which has brought together
many Of the leading producers and
refineries and outlined the eight hun
dred- mile pipe line to Chicago and
the three refineries the company will
build in the central west to supply
that territory.
Then he launched his Hirst senSa-
ton in telling that the contract had
been let and the pipe ordered for
five hundred mile eight-inch pipe line
from the IIealdton field to Houston
Texas
The survey for the line has already
been made and the line will be com
pleted some time In 1911 lie also
announced that material had been
ordered for Il refinery to he CON
structed at Houston large enough TO
handle the capacity of the pipe line
The cost of the pipe line will be
5000 600.
This pipe line will give the Sinclair
corporation about / 500 miles OF pipe
line reaching from the Mid-Continent
field north to The Great Lakes and
south to the Gulf of Mexico. tapping
the heart of the greatest high-grade
oil field in the world.
Tells of Concessions.
Then Mr.. Sinclair launched his sec
ond sensation. when he said his COM
pany has just acquired concession
for oil in the republic of Costa Rica,
covering 100000 acres. This con-
cession was procured from Lincoln,
of the Valentine, who got 1t from the
Costa Rica government at almost the
cost of revolution in the tiny Cen
tral American republic. The title.
Mr.. Sinclair said, had been approved
by the best legal minds in this coun-
try. The price paid for 1t was not
announced.
This concession. Mr.. Sinclair said,
Is regarded very highly. covering as
1t does territory on both coasts where
seepages of both asphalt and paraf-
>Ine base oil have been found. II Is
Very good geologically. he added
It's location. just 100 miles from
the Panama canal, the gateway to tho
markets of the world, should the
property prove to he oil producing.
should enable the Sinclair Interests
to at once step to the front as an in
tcrnational power in the oil world.
Answers Question.
Under the terms of the concession
the Sinclair company Is allowed four
years for testing out the property, n,
the end OF which time II can select
, one million acres on "A lease OF fifty
years with onc-tcnth royalty,
At the conclusion Of these an
nouncements Mr.. Sinclair was bom-
barded with questions from the news
paper men on board. who included
representatives OF the Wall Street
journal. Journal Of Commerce, New
York News bureau. Chicago News
bureau, Kansas CITY Post, Kansas City
star, Kansas City Journal, Tulsa
World, Tulsa Times and Democrat.
Todays trip wound up the weeks
tour of the Mid-Continent field by
the wcalthicst and most influential
one hundred men that ever visited this
part OF the country in one party.
The train carrying these bankers,
who were the guests of Mr.. Sinclair,
left New York city last Friday. ar
riving in Oklahoma Sunday morning.
on their tour they have inspected re.
nning plants at Ninita, Coffeyville,
Cushing and Tulsa, visited the fields
at Gushing, Drumrisht. CARRIER, lleald.
ton and III Dorado.
Back 10 wall street.
Today's tour started at III Dorado
and ended at Augusta. After a trlp
over both fields the train left FL
Dorado at . o'clock this afternoon, ar
rlving in Kansas city for supper to-
night. The special left Kansas CITY
carly this evening, via Chicago, ana
viii arrive in New York Sunday at
noon,
a moving picture machine added
to the interest of the days drive over
the oil fields and one of the amusin
sights caught by the machine was .
SNOWFALL battle between the bankers,
of which good natured. personal
tussle between Jim Gilmore of Federal
league fame and H. w. Farnum. n
well known banker of Chicago, fur