The Columbus courier. [volume] (Columbus, Luna County, N.M.) 1911-1920, 1918-08-02
DRILLING CONTINUES AT
TIIE on WELL.

wSs.
There have been no new develop
mcnis nj the oil we'll the past week.
The drilling has been going on very
rapidly. and while the showing Of
oil is not as strong as Il has been at
times the indications are growing
better all the while. The forma-
tions encountered the last week are
very favorable 10 the production Of
oil
u Is thought that the oil found
~ far has In most cases been small
pockets. and the plasiering NJ mud
against the sides Of the well would
naturally shut this oil out. The gas
showing is as strong or stronger than
II has ever been There Is no cause
for uneasiness on the part of the
investors 80 long A. the drill en-
counters oil shale. and while We all
would like to ~ the we'll brough In
We should be Just as much pleased
n they continue In go deeper In a
heavy oil shale. for according Ia u
genlorist who was recently here
there Is little danger of failure In
getting we'll where NJ much shale
has been gone through as In this
we'll. aud the deeper they drill in
this formation the better are the
rhanrcs for a hig producer
n Sluner. the standard Oil Eenln-
sisi who was here last week and q
psri of tins week spoke very favor
able of the prospect hut said that
he could not make his report public
lnr he was being paid 10y The stan
dard on company for making re-
ports IN them.
llr tod v. \ Mean. thai this vns
good property aud h. believed that
% was ~ good n prospect ~ hr had
eyer seen. Before leaving hc made
inquiries a. Ia The amount ot decided
l'nd IN this vicinity
Ordinarily this COMPANY dnoe nri
du much m developing new oil iielda
hn' pi this iimr whrn oil = g"liinp
srlrcr aud there Rrg" demand
10y the government II = Thought
lilrly that the policy of The com
uany would undergo some changes
On rase rf nm cNrrllrnl prospect such
o.. Mr.. Sionrr apparently hrli",cs
wc have here.
IT, stated that What liis people
would do Is prohlrnalicnl There
b, % report that y representative NJ
The ,"mpnny stated that II the g"ol-
'ugisi report was very favorable Hu
attempt would be- made IN huy the
holdings nf Tie Valley uil compfuy.
nul whether or moi there is amy
truth IN the statement Is nni known.
The largest holders of the -tnrk
of the Valley on company would
not .cll uulcs, they could get hlr
return on their investment
The standard on company have
hrru krrpiup clos" tab ou I'M, prns-
rect ever since the Columbus on
company started operations several
years ago. Mr. Sloncr was here for
week or longer md went over n.
valley very lhnroughlv N that
time there WA uuihng ln show n
there is nuw. T. \ Noprs went
prcund with Nr. ~lnn"r 1rd h""Hw"
,,rN yell acquainted N th1i luu"
De- lold Mr. MAN n ho u'cdnd &"
sell ~, land H. hold uu 10 hrlf "f
II. that II would hr valuable som"
day.
Nn doubt I 4 S'il.. nf M" r'dlr
fields hns had hi- g"'lnglsi- report
nn this field. iud M" tact that Ia"
has bought larg" rmomi "i p'l.
onlcd land indirplrs Tint surh g.
rnrls have boon lnynr7nlr VI
stiles made hls money m nil mud u
Is not REASONABLE nat hr would
vest as he has here unless ho had
good reasons IN lnlicvo that ;hi.
Mas Ia he a producing nold u i4
SAID lhnl his object Ia rullnu tO M
hlg irrigation system was in lurri.N
water ~ the people ~ that Nlr'r'N
that they could get their land iti
rnied and II Is a known fact ih'i
he has bought q number of trn"i.
o' land when The pa'"ni was rrrrN
81 from The government
MsS