The Holbrook news., 1918-03-15
Oil Neps

| IIIS USdI uCIS Ol IuS SIdLC Oul
 from such producing states as
 Kansas, Oklahoma and Wyom-
 ing is more evident every day.
 The favorable recognition that
 has been offered from eminent
 geologlsts and practical oil men
 is being further corroborated by
 later arrivals, who like those
 who have preceded them. speak
 in the most encouraging terms,
 and believe that under the sur
 face of the country tributary to
 Holbrook is a vast deposit of
 petroleum that will within a
 short time mean to Arizona what
 the mining industry is to day.
 That this field is only waiting
 development so that it may pour it's fabulous wealth into the cof- fers of those who are willing to
 take a chance and get foothold
 before it is too late; that good
 square people who invest their
 hard cash and activity in oil and
 mining believe that the next
 great oil field to be discovered in
 America will be in Navajo coun-
 ty. These men who know what
 the favorable conditions of an oil field are feel certain that Hol-
 brook will soon be favorably com pared with the Casper, Tulsa and other noted fields of today.
 With each succeeding sensa- tion, pessimists have said the last big field has been discover ed, but time after time adven- turous men have pioneered in new fields and new "gushers' have been the result. making thousands rich. More will follow, the golden stream is con- stantly rolling up a mighty wave of wealth. Never have condi- tions been so inviting for the oil industry as the present time. The story of the hidden wealth is a novel by itself; men poor one day have become wealthy the next. That the oil industry has permenant future is substantiated by the istoryhof Wyoming the last two years, the result of the decrease in the Pennsylvania and Cushing Okla homa, fields, there has been concrete effort made to regain this loss through new discoveries of parafine base oil. Wyoming with it's production of over six million barrels is wholly unable to meet the former require ments, without taking into con- sideration the increased present | demands which have advanced | in unpreceedent amounts.
 Whether the Holbrook field is to become a large producer is yet to be demonstrated and l every encouragement should be given the pioneer who has the courage of his convictions to put | down the first well. A careful study of the geologic conditions of this field warrants the belief | that oil will be found but in what quantity and at what depth must yet be determined l by actual operation. One great danger to the success of pro- the field. to the en- couragement of legitimate en- terprise and the enlisting of the necessary capital required for the work, which must be guard ed against. is premature publi- city and unfounded reports and l that pest to every new mining and oil district. the stock ex- ploiter. who hopes to strike oil' with little or no expenditure of 1 his own, but at the expense of the general puplic. Holbrook, l from the views expressed by those who should know, has the possibilities for and the prospects of great opportunity. How cer- tain it will be must be proven and only can be proven by the man or men who have the cour- age to risk a large sum in the gamble of the first we'll and this opportunity should not be jepor- dized by the unscrupoulos ex- ploiter. The explorer however is welcome.