The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1918-12-12
OPPORTUNITIES IN OIL
RECENT DEVELOPMENT IN KEN
TVckr oF UNUSUAL MAGNITUDE.
Decided Success Attends Enor.s ..
Kentucky Company - Big Profits
Assured.

A~P'tfS 10 the torr. du
hrgeiy 20 the Az ressive and progrc.
siFe management ~ one OF the pionee
independent oil Companies OF the STAT.
The AeCombs Producing and Retinfn
Company.
ms organizn ton has ouadruple,
rs production recently simply by goin,
after oil when Il knows Il vas there
This Is emphasized by the fact ina
This company has AS yet not driIles
what - technically called one DIR,
hole that Is. n non producing well.
As result Il announces a 4OO-barre
wei just drilled In" In the .-Bis
Sinking District a 80 barr,l well In
Lev County, and a loo-barrel vel
near Torrent Ky.
Ihis makes an increased Oetput o.
80 barrels per day m only three we'll.
here lately. and there are now 81 pro
cneing wells belonging to the Nc
Combs people.
Mr.. Abrum Renick. president OF the
heCombs Company. announces that
within the next ten DAYS he expects
also the completion OF eight addition
aa wells. This Is going 20 make a
Tremendous Increase In the production
OF crude oil by this company.
Increasing Facilities.
To accommodate this product the
entire refining plant Of the Console
dated On Refining Company OF East
81 Louis has been purchased and viii
be literally removed in It's entirety To
Beattyvfile.
Beattyviile Is on the L. and y. Rail
road and within six miles Of the pro-
ducing properties OF the McCourl,s
Company la Wolfe County. A pipe line
In now being constructed frons the
wells 70 the location OF the refinery
ut BeattyviIle.
A fieet Of 80 steel tank -ar- has been
purchased To convey the finished prod
net to the market.
Refining In kentucky.
Meantime. production from wells al
ready having a consistent record Of
production and many new wells which
are constantly being brought in
through the active drilling campaign |
na ugurzted by the company. assures
zDery from Its own wells.
The rar-sixhtedness OF the manage
nent In securing a ready 20 hand re-
nning plant ar a reasonable figure may
>e appreciated when n Is realized that
,nder present conditions the constr,ic-
ION Of a new plant would have been
impossible. The estsbli<hment Of the
liant nj Beattyviile viii be followed
~ the coRsuuctios Of an additional
liant fer the mspufacsure Of lubricat-
ne oils and parafsine wsx.
Future Possibilities.
with the prospect Of increasing the
,umber Of new wells by 20 or more
within the next six months. the Mo
Combs Producing and Refining Com
,~ny N Justified IN believing that at
east slyoooooe worth of oil will be
I'D from the property within the
text san rnonths
Adding to this the profits Of rein
ng. ane marketing In it's Own cars, Ii
asiiy takes rank as the forerso<t In
Iepend>nt Oh company In Kentucky.
{ must be remembered that the nm
aensc acreage As yet undeveioped con-
aims possibilities Of future profitable
zpan&ion which can hardly be caicu-
.fed- IL Includes over 1900 acres In
he Eastern Kentucky on belt.
Under the able executive manage
n>nt o. Abram Renick. the president
the eonpany. and the field manage
ssnt Of J. @. hcCoGbs. there has
cen IN enormous increase IN the total
afue Of the eenrpany's holdings and
hss las been accomplished without
sopsrdlxing me safety of the share
olders' interests.
Further sxpe.slon. however. re-
u4res an additional sno~nt - werk-
~ capital and tbs WIN be ssppfted
y the sale Of additional ssoek yet
stained IN the treasury
Recent Newspaper Comment
sfcCombs Buys More Production IN
lease purchased consists Of ,
10 acres and are regarded rs very
ssuable property. There are now two
'efh On the Butcher lease. one 81 :
'hicA under actual test for rs hours
roduced ~ barrels sf en---ou
Ferid. Nov. 2. 1918
--6cConbs Producing and R~aains
pz,pany has completed tn arrange ,
lents Cor q very active drilling cam ,
.sn q the Butcher and Hargis
49, IL n anticipates that the pro
,seson q this company. On account
I iss opsr.<sons @ the above leases
- be very greatly Increased IN the
mediate future - Market Letter. /.
sstncky Oil Hxchsnge. Nov q 1914 :
m prominent feature 81 the week ,
- the purchase By the hcccmbs