The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-10-09

of the pool which H. B. Jones' Swenson
well had touched. Mr. rohs had a small
interest in the Duluth.Oklahoma opera
tions and profited heavily when the
company finally sold its properties to
the Milliken company for sG00O00O.
Big Muddy Field.
At about the same time the Merritt
Oil q Gas Co, actuated by Mr.. Hum
phrey's continental Imagination" as
some have described 1t, had become in
terested in "a structure in Wyoming on
the Big Muddy river. score or so of
miles east of Casper. Mr. Fohs took
less cash and a larger interest for his
fee in this Wyoming venture. As it re-
suited in the discovery of the Big
Muddy field and in the phenomenal sue.
cess Of the Merritt oil corporation, his
interest here made him "A rich man.
In 1916 the Humphreys syndicate or
ganized the Humphreys Petroleum Co,
with Mr.. Humphreys and Mr., Fohs each
holding about the same amount U?
stock, their combined holdings being
considerably more than a controlling in.
terest The fact that this company was
named after Mr., Humphreys shows the
Importance of It's intended operation.
Readers of The oil Trade journal are
sufficiently familiar with its part in the
discovery and development of the Bill
ings pool in Noble County. Oklahoma,
The value Of this companys properties
in that pool may be adduced from the
fact that the Humphreys Petroleum Co.
sold a half interest in $50 acres and
-. oil. Il
burgh, Pa. for sl2j0000, and that re
Gently ii was considering a proposition
for the ,ale OF, the remaining interests
to Cosden 4 Co. for approximately
$4,000 600. As Mr.. Fohs personally
owned more than % per cent Of the
stock Of this company, it may be seen
that by this time he is beginning to
get some Of it, with a vengeance.
G. r.. Strouvlle. general manager of
the savoy oil Co, states that his com.
pany is starting a test on a piece of
its acreage in the Pine Island district of
Louisiana, ana in locating the well on
the map of that district he pointed out
certain large acres Of acreage within
the limits of proven territory owned by
the Dixie Oil co. According to Strou
judges of an oil proposition in the Mid
Continent, the value of the non.produc. !
ing acreage of the Dixie Oil Co. at Pine |
Island could be told only in millions of |
dollars. and as the DiXie's producing /
acreage is now making about $500 to |
. 500 barrels daily. certain another mil |
lion or 80 you'd have to be added TO
compute the total value of the com
pany's holdings in the Louisiana field.
The point is that the Dixie Oil co. is
the latest, and except perhaps for the
Merritt oil corporation, the greatest of
the successes of the Humphreys-AIer-
rittFohs group Again we find the Ken
lucky geologist owning large stock
interest
The Merritt Oil & Gas Co at Boyn.
.on; Duluth Oklahoma Oil x Gas Co.
At Blackwell; Merritt Oil Corporation
n Wyoming; Humphreys Petroleum Co.
1t Billings, and the Dixie OH Co in
.ouisiana-a string of successes, all of
hem based on acreage passed and rec,
geologcally by the same
nan.
Mr.. Fohs now has an office at GO
Broadway New York city. AS the af.
airs of the great corporations in which
le is interested take so much of his
ime he now does very little consult
ng geological work, and, it is unneces-
ary, perhaps, to state that this is not
advertising. As has been said in the
)l Trade Journal more than once be
ore, one of the prerogatives of oil field
is to celebrate success, espe
tally where it is clean.cut and has
ONE 10 a man, who, because of his
orceful and able endeavor. deserves the
anne.