The Holly chieftain., 1917-10-19


Under his guidance the Casper
Embar Petroleum Company YVES or
anissd With eNp01DW capital nd
arrangements were made ut once nor
the, underwriting Of the stock which
places 100000 in the treasury with
which to start operations. OF the
undsrwfitten stock Onethird was
asked for BY Casper. Wyoming pso-
plsl New York interests took .
large block and the remainder was
quickly taken up by othera
Details Of the organization were
worked ont ~ William 81. King.
United 0tatis tenator from Utah.
Judge A. J. Web6g, Of Salt Lake and
Frsd HAmmond. ) prominent attor-
lnSy io1 Casper. wyoming chairman
OF the Democratic state committee
Within the pest few wseks one
wslf has been brought in on what
| u dselars& 10 b. an, arm Of tho great
.Pewdsr RiyR, dome. which ut last
reports was producing 500 barrels Of
oil . day. This. y in the great En-
bar sands which iunderlis the great
Powder River dome and practically
proves the .neld.
Mr.aNsWhOuse IL president Of the
new company. with Percy n. Crop
paI - SECRETARY and treasurer The
eomDanB be- recently opened. Offices
At s2l Judge building. Salt Lake
CITY. Utah. Another director in the
company rHobert K. staIey = d.,
81 Casper, Wyoming, one Of the best
known OIL brokers Of Wyoming.
Believing IN the future Of the city
Iof Casper. which has Jumped from
1000 people syear ago to Il, 900 peo-
pie today. beipg the great oil center
|of Wyoming. with two refineries. the
Standard OIL and the Midwest,
handling $1,000 barrels Of oil q day
and equipment being installed to
increase the capacity to $1,000 barrel
increase the capacity Of $1,000 bar
rels ! day. Mr.. Newhouse has become
interested in the organization OF the
organizing Of the Casper Trust Co.,
which will do . general trust bust
ness.
Tho great Powder River, dome is
commanding unusual attention
and has tho distinction Of having
tho, greatest number Of drills work.
ng Of any unproven field in the
state.
The great Powder River dome is:
tifteen miles from the Salt, Creek
dome from which 5000 barrels Of oil
I day atS being taken Carroll H.
Wesemann Of the United States geo-
logical survey says IN his report. the
|domes are very sirQilar and appar-.
entity were produced contemporan-
eoualy by the same forces acting in.
the same way. ID. G. Jaekling and J
Frank Judge arc reported TO have
recently. become interested In tho
Salt Creek fleld thru Q bankers
syndicate, In which they have I
large interest, SECURING the Allen
OIL Company In Salt Creek.
The land acquired by the Casper
Embar Petroleum Company Joins
ground on which the Western E1.
ploration Jupiter. Hsela Wyoming
Tobin interests, an many Others are
drilling or starting operations
Operations on the great Powder
River dome are expected to be tho
least expensive Of any in Wyoming.
The geologists figure that the Em.
bar sands will be encountered at
1000 to LOO feet. - compared with
$500 to 5000 in other fields.
The late Wilber c. knight in his
report said Of the Powder River
dome:
This field must be considered one
Of the best in Wyoming. Tho struc-
tural features are IDEAL" while
State Geologist Trumbull in writing
Of Wyoming said that up to the
present time every perfect structure
drilled has proven to be reservoir
Or. Howard Evans Elliott says, I
consider tho Tisdale dome (local
name for Powder River dome) as
most worthy Of development, and