The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1917-11-26
Organization Comp ed; Local Men Or
GERS; Hold 4ONear Fortuna Gasser;
Capitalized al $l5O,OOO
BIG COMPANIES ACTIVE
In CHICkASHA DISTRICT
Santa Fe People Dab Down." Also Case
Company; Leases al Premium;
Many Wells Drilling

The organization Of a new oil com
pany was affected in Chickasha last
week It is known as the Bob White
Oil and Gas company. Their location
is 1910 about 900 feet from the For
tuna gasser The company holds 40
acres there and are completing ar
rangements to put down well as
soon as possible. Officers Of this
company are T. H. Dwyer, local
banker, president; A. G. McKain,
cotton man. vice president; Roy C.
Smith, banker, treasurer; F. R. Lin
ton, grain man. secretary. The com
pany is capitalized at $15O,O0O.
I'VE are going to drill well there
as soon as possible" said Mr. Dwyer
this morning "You can say this,
either we will put well down there,
or the money will be refunded to the
stockholders. That much is settled.
We are putting our stock on the mar
ket at one dollar share. I cannot
say as to the exact date we will
spud in, but we are going to give it
a thorough test. In addition to the
forty, we have other holdings in the
Cement section"
Activity as to oil and gas develop
ment in this section mas shifted dur
ing the past week 20 the southwest
CT ChicKasha in the neishborhood Of
the Fortuna gasser where leases are
changing hands and where several
new locations have been announced
Also good progress among the wells
already drilling there has been made.
In 1860 arrangements are being
completed to 90 on down with the
old Oklahoma Star we'll 1t is under
stood that the Santa Fe interests are
behind this project AT this time me-
gotiations are being carried on under
the name of I. W. Williams ct al.
This we'll, on the Kunzmuller farm
was drilled to a depth of 1850 feet
by the Oklahoma Star people The
old derrick is being torn away and
a new standard rig will be built. The
derrick timbers have arrived and are
being hauled to the location The
new equipment is being installed
over the old hole, which is in such
condition that the drilling may con-
tinue where it was stopped some
time ago. S~
A new location for the Henry Oil
and Gas company has been made in
1910 and contract for a well has
been let to H. P. Nichols. Actual
work will start on this location with
in the next few weeks.
A rig is up on the holdings Of the
HALEY Oil and Gas company proper
ty in 1858. This derrick has been
completed for several weeks and
drilling is expected to start soon.
The Gorton we'll NO is again
drilling after considerable trouble.
They are down between 1900 and
1000 feet and indications are reported
good This company has another To-
cation established about 200 yards
southwest Of their No. /. It was
stated yesterday that if a producer
was found at No. / location, No 2
would be drilled in at the previously
selected spot. II, however, No I
proved to be duster, No location
would be moved north about a mile
For practically three months -
well at the Prosperity Oil and Gas
company 5-5-9, has been idle At
this time. activity is evidenced there
again. The hole is now 1850 feet
deep and they are underreaming thl
six inch casing, preparatory to set
ting eight inch casing They will re-
sumo actual drilling within a day or
two.
Further southwest but in the same
district. the Chandler Creek Oil COM
pany is drilling at 1900 feet in TAIL.
They report good showings and ex-
pect to 60 at least $500 feet as rapid
ly as sposible
The Goose Creek Oil and Gas com.
many are active in 3i-4-l1 and have
been drilling for some weeks. Their
drill is now at a depth Of 1900 feet