The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1917-10-03
OIL STATE GASSER NO
SENSATION
CcontInued rrom Pago oreJ


ed to a depth Of 5000 feet The drill.
Ter stated Tuesday that they expect.
ed to encounter sand az a little
more than 2o0O feet
The wells Of the OH State in the
CARRIER field have proved and are prov
ing good producers. It has been stat
ed that the second well brought in
only a few days ago, was good one,
but not equal to their we'll No. /. The
third wen is now drilling ten per
cent dividend has just been mailed
out to the stock holders from the OF
fices OF the company here in chicka-
sha
New Company Organized.
The Organization Of the Beaver OH
company has just been effected in this
city. with local men at the helm. The
officers OF the company are: Alger
Melton. president; A. schuler vice
president; NJ E. Humphrey, heasur-
er; W. l.. Melton, secretary. The di-
reetors are Alger Melton. A. schuler
VIM F. Ramey. NJ. f. Humphrey and
a. A. Holmes. The company is CAPT
taiizcd at $4,000 aud It is understood
that largo per cent Of this stock has
alreay been subscribed,
The acreage OF the Beaver compa-
ny is located in the Burk Burnet field
The holdings amount to 40 acres
The location is IN the shallow field
where the saids are located from l70
to about 500 feet and where the pro
duction is running from eight to u
barrels per day.
TO Drill at once.
4 An officer Of the company stated
tday that all arrangements arc com
plete and that drilling Of the first
wnll Is to start on the Beaver prop
erty the first Of next week. An adj
vantage Of the field, as pointed out,
is that the cost Of drilling Is low The
machine used IS little. il any Larger
than an ordinary water well drilling
outfit The extensive preparation Of
building derricks and maintaining an
extensive string OF tools is entirely
eliminated, and the short time requir-
ed TO drill a well makes It possible
70 sink number Of wells in a very
limited tiine. The stock was being
offered Tuesday and today all along
the chicAasha curb market" as well
as in tho office buildings,
Drill Line Breaks.
Announcement was made at the Of
fieo Of the Unity Oil and Gas compa.
ny, that operations at their well near
Alex were at a standstill late Tuesday
owing to the breaking Of drill line
Preparations to repair the dams-se
were under way and it was expected
that they would resume drilling with
in the next day or two. This test has
proceeded to a depth between 1900
and 1000 efet. Officers Of the compa-
ny have announced their intentions Of
making this the best test in Grady
county Arthur Chapman, of the Uni
ty company, returned last night from
Nowata where the company has some
production. among the shallow stuff.
Cement oil Notes.
Following are recent developments
in the Cement oil field.
Fortuna Oil company 81 6n 9w. at
1853 feet had four foot sand that
made six barrels day of light oil
This well is now drilling at 2200 feet
Prosperity OIL and Gas Co in 5-5-s
is shut down for pipe at 1880 feet.
Gortou Oil and Refining Co. in 2.5-9
is under-reaming at 1855. p
The Monroe well five miles south
Of the wells at Cement, is drilling az
about 2iO0.
The joint test Of the Henry Oil 4
Gas Co and the Phoenix Oil and Re
timing Co. win be drilled five miles
north Of the Fortuna we'll The rig is
ap and casing on the ground