Denver labor bulletin., 1917-08-04
FORTUNES MADE IN
OIL INVESTMENTS
BIG DENVER COMPANY IN
FIELD.
Midland Oil and Drilling Company
Own Valuable Leases in Wyoming
Field-Officered by Successful
Colorado Business Men.

The Midland Oil and Drilling COM
pany of 524 Quincy building, Denver,
owns four valuable oil leases in the
state of Wyoming, consisting of 1,12o
acres in four different oil fields; 160
acres in the Powder River Oil dome of
Natrona county; 100 acres in the Car
bon County Oil fields of Wyoming; 720
acres in the Lost Soldier field of Car
bon county, and so acres in the Big
Muddy field of Converse county, Wyo-
ming.
The last named lease, consisting of
eighty acres. is located in the Big
Muddy Oil field, which enjoys the repu-
tation of having brought in the larg-
est well in the state of Wyoming. the
Merritt oil well. The Ohio company,
which is the Standard Oil company.
paid S500,0 900 for one-half interest in
the holdings of the Merritt Oil COM
pany.
The first stock allotment of the Mer-
ritt Oil company was offered to the
investing public less than one year
ago, and on March 20, 1917, same sold
for SS0.50 per share.
The exact location of the Big Muddy
oil lease owned by the Midland Oil
& DRILLING company, is in section 16,
township 3S north, range 75 west.
Leases in this territory are being
sought for by oil men, and to give an
idea of the intense excitement that
prevails in this district, bonus of
sos 900 that was paid the state of
Wyoming for an oil lease on school
section l6. township SO north, range 76
west; six miles from the Midland conf
pany's lease. The two 40-acre tracts.
adjoining this lease have been leased
to parties, for which they have paid a
bonus of 1000 each.
The oil excitement in Wyoming is at
fever heat today, and in short
rigs in the fields of Wyoming, actually
drilling for oil. The enthusiasm will
exceed any previous oil boom in the
history of the country; not excepting
the famous Beaumont, Texas, excite
ment
With the large acreage controlled by
the Midland Oil & Drilling company.
territory that is developed adjacent to
the holdings of that company, will un-
ouestionably make their holdings valu-
able. and if other companies are sue
cessful in bringing in n we'll. the hold
ings of the Midland Oil & Drilling
company will Immediately become an
intrinsic asset, without the company
expending one cent in developing its
/
property.
The president of the company,
James Hazlitt, a native of California,
is a most valuable man; is experienced
in the oil business-is a success-has
made good because of his knowledge
coupled with tireless energy. His rec
ord is clean-this man will have
charge of the drilling operations.
Albert Kearns. vice president, is a
we'll known broker and landman of
Denver. Has extensive land holdings
| in Colorado. Was the founder of the
town of Hudson, Colo. A man who
does big things.
C. +. Cabeen, secretary, is Colo
RADIO man, who has long been associat-
ed with the development of Western
enterprises, and is classed among
| Colorado's successful men. His fore
sight is exceptionally keen, and his
Judgment excellent.
The balance of the directorate of
f, this company are experienced men in
the business world-keen and alert to