The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-06-29

How Wells Multiply Values.
one well viii multiply values |
many fold For example. acreage
which year ugo sold az So fu SO |
p"r acre Ht Uurkhurnctt and north /
west is now selling az $4,000 to /
$4,000 an acre. Nc,rn'ly the Ma
rim company hnidIuEs there. OF some |
200 acres. sold FOR $1,000. 600. the /
Fowler farm, some 200 acres for
s SOC. COO the Nurk- WhEEouor /
lease. ~ so acres, Tor 100000 |
Tn. Stil more valuable Piper loAse
az Electra OF $40 acres, Just south (,
west ot American Petroleum com.
pany holdings with wells that came
ln ut 0Ou tO 1000 barrels daily. rs
vnrlousy valued at tt,o0O,OOO and
.s not fur sale AT pny price.
The llurkbuructl field and the
Electra ficd are. In fact. all one
continuous field. and are sltuntcd In
wichita county The Electra end of
the field r. over 10 years old and
has today some of tho best wells In
mo entire Hurkburnrtt- Electra OH
fields But The public hears little /
about IT, WY
Main Development Yet to Come.
The Electra field has been owned |
and controlled from the first by the |
hiE companies, such as the standard !
nil COMPANY Magnolia. Sun, Em
plrc. Red River. cur. Humble and |
so has not been celebrated IN the |
press so much us the Burkburnett |
end Of "thc rainbow land" which |
has recently been the moderate in |
ycstorH paradise and consequently !
much talked about Yet Electra H.
geologically and In actual producers
ihe better ficld and has already |
produced more oil than all the rest
OF the county combined Together
hey constitute tho most remark
able OIL fields IN the world-and the |
main development IL yet TO come.
These big companies and the
American Petroleum company are
near neighhors 10 the north Of Elec- |
lra But they have owned so much |
there and elsewhere that they could !
not develop It an That IN the work |
hat American Petroleum company IL |
undertaking Everybody knows !
that the safest investment In tho |
oil fields IL where the big com
panles place their approval They
have had the land thoroughly eX-
amined by geoloEisis before buying
No sound oil company ever disre-
CARDS tho laws OF nature. or ven
lures 10 buy whore those laws have
not operated fnvorably for storing
up oil
Zig Men IN tho Businc~s
The American Petroleum com
psny. organized on this sound phys
ical basis. Is backed by trustees Of
large business experience and state
vide and International reputation
Mr J. W Catett. banker. Of
Frookings S n. has q high stand
ing throughout the western banking
. "a HnFN - n
millionaire Cattlcman OF Miles City,
Montana. has long been known
throughout the great west c. A.
Lord, OF Lincoln, Nebraska. head OF
the Lord Auto CO. and Vice Presi.
dent OF American Petroleum Com
pany, IL similarly rated financially
/ IN tho automobile world, while Mr.
J S. J. Rel, also Of Lincoln, now a re-
/ tired capitalist has for many years
been one ot the principal elevator
owners and operators In Nebraska
Since the war Mr.. Rel has been
government dollar year man" I'm
organizing liberty loan drives that
raised FOR tho government many mil
| Hons of dollars G.. I. Sullivan n
| known as Merchant and Cattle
man NJ Hereford. Texas, and Mr.
/ Clay oliver. also Vice President "
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This new roId D- wallace exam
ircI rooloqicouv last winter long
before eny wells vcro iu and the
dclimitations ne thru made or'the
field have been recently verified In
am rc4pec's bv the dri1l
DR. wallace does NOT claim 20 he