The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1918-12-13

ME, and marketing in ~ own eaEs, Il
eaGay takes nank IS ti,e foremost m
dependent on coaApany N Kent1chk
1t mnst be remembered that the I'M
meose acreage as yet undewelnped con
tains possibilities of fuk1re profitable
expansion which can hardly be eaAca-
lated. 1t includes over E,eo0 acres In
the Eastern Kentucky GA belt =
Under the able eHecuf1se manage
ment Of Abfam RsniCk, TIE president
of the company, and the field manage
meat Of ]. C. AeComba, thsrs ~
been an enosmo0s inRrsaHin the4utA
value Of the eompanyk hosalnW aAd
this Inns been accomplished vnhuuE
jeopardixing the safety Of tie share
holderS interests.
Further expansion, hsWe%es, re-
Qnires an additional ano1nt H work
ing capita and this via be supplied
by the safe Of additional stock yet
retained IN TIE treasury.
Recent Newspaper coas~saE
"McComss BuH Mr@ Production IN
Lee.-The lease purchased CONSISTS Of
116 acres and are naG2nded - vay
valuable property. These are now twe
wells on the Butcher lease, one Of
which aDder setnaA test for u heaEs
produced ~ hareas u oA@-OA
World, Nov. 2, 1918.
"McCombs Producing ana Refining.
Company has eeaap9eAed III aauasxs-
ments for q very seffss dkHag eRr
paign on the Butcher and Hasgis
leases It is antieipated dat DE pee-
duction Of this company On seeonnt
Of it's operations On the above leases,
viii be very .s1eaf1y incfeasedaA the
inmedha&e faknca - Aa1het Ieftezr
Kentucky Oh. Ameha0ee, No4-a 1eaS.
'~The prominent feature ofstlse week
was the purchase By ae HkCombs
Producing and Defining Counpaay Of
q three QnaFtar interest h-tlae Butcher
and Harxis tzaetA m1e 3easss are
regarded ~ eDeesdheaJ Wlaa6ao
property. This purchase is in keeping
with the well-known policy of the NC
Combs people of purchasing producing
properties and paying for what it is
worth. This will be good news to the
hundreds of people who are interested
| financially in this company, as the
| properties are undoubtedly Of very
great value and should yield hand
some returns upon the Investment
Market Letter, Kentucky Oil Ex
change, Nov. 2, 1918.
"McCOmbs Producing and Refining
Company Gets More Production in Lee
| CoHnty.-FOllOwing it's usual policy OF
investing conServatively in only absO-
mtely proven fields, McCOmbs Pro
ducihg and Refining Company has
! closed deal whereby it becomes the
1 owner of an undivided three-fourths
interest in the Butcher and Hargis
leases in Lee County"
THE consideration - approximately
$3.50 O0-is typical Of those involved
IN recent transactions where producing
properties have changed hands in this
territory. The advantageous features
Of unusual large wells and high per.
centage of successful compilations that
have marked the development of the
Big Sinking District are now begin.
ming to be reflected in the prices asked
and obtained for production. Prices
for Oil properties in general in Ken
taeky are as yet only beginning to ap-
proximate intrinsic value taken from
the standpoint Of returns realized
from their development. "-Oil World
Nov. q, 1918.
The office of the president, from
which, additional information can be
Obtained, is at 1902 Inter-Southerl
Bu2dinE. Louisville. KY.
l RA IN -