Richmond daily register. (Richmond, Madison County, Ky.) 1917-1978, 1919-03-19
LOCAL MEN IN ON
BIG LEE ROYALTK
Division Sheet Arrives To Be Sfgn61
Up To Obtain Royalty On Rfek
LAO Acre Oil Lease

| LAO Acre Oil Lease
A division order and power Of attors
ney has been received in Richmond to
be signed by Madison county and 9TH
er owners in this section of the royalty
in the very valuable Wells Ponder
|oii lands in Lee county. The divisioD
order has been left at the office Of the
Daily Register, to be signed by the
royalty owners, and the quicker il II
signed up, the sooner the royalty own
ers will begin to collect their money.
Those who have interest in it must
sign it before they can "draw", are
Messers. Jonah Wagers, Albert Wag-
|ers, c. P. Cox, Jonah Cox, Wilson
Brandenburg, Hargis Brandenburg,
Tandy Centers, Walter Centers, Clay
Brakeman, Burton Roberts, James
Churcr, s. M. Saufley, Charles Brand-
enburg, II. C. Brakeman, Charlie
Wills, Will ArbuckIe, Gus Stewart,
R.. !. Burton, Grover C. Cox and .
Mr.. Ledford.
There are some 1440 acres in the
Wells heirs tract in Lee county, and
it is being drilled by the Petroleum
Exploration Company. There are
something like 80 wells already In
and being pumped. The oil is being
delivered to the Indian Refining Com
pany. There are said to be locations
for 300 wells, and this lease win Be-
one of the biggest oil producers in the
state, if not the largest when all the j
wells are in. There is said to be -
large sum in the royalty fund ready
to be paid out as soon as the division
sheet has been properly signed up.
News from Lee county is to the ef-
feet that McHenry and Benton, Of
Louisville, have completed No. on
the Park Vanderpool farm located on
the Pantheon branch of Big Sinking.
This lease contains AZ acres. These
parties had contract with the w. P.
Williams Oil Corporation to develop
this property, but with the consent
of both, this has been annulled. No.
8 has been located and they will spud
in shortly. On Is acres of the same
farm, owned by the Big Sinking Oil
Company, No. 2 is, now drilling. No
Isis rated good ;fcf 70 barrels.
The Security Producing and Refin-
ing Company has completed No. 2 Ed
Riley, estimated good for S barrels.
At No. a, Eureka, the Flesher Oil
and Gas Company struck flow Of
salt water and are casing off. X,
On the 60 acre Beatty heirs recently
purchased by the Big Cliff Oil Cem-
pany, from w. " Thraves, a machines
| is now being moved to sink the initial J
test. This lease adjoins the Flanagan
tract of the Ohio Oil Company. Z.
In Breathitt county Lexington par
ties are moving a rig on to the trsct
northwest of the Nathan Pelfrey cf
the Sturgeon Creek Oil Company, and
will sink a test, Arrangements viii
be made shortly to run the oil frchs
the five producing wells brought II
this section to VanCleve station about
mile away, where it will be shipped
in tank cars.
The Bankers Oil Company expected
to complete No. 10 Joel Hubbard this
week but has been held up by boiler
trouble. This is located on Ross Greek
in Estill county.
A meeting of the directors Of ths
Wright Oil Company was held in Lou-
lisyille the past week and a dividend
og 20 per cent declared payable April
II, 1919. It was also decided 70 pay =
monthly dividend Of per cent begin
lining May 1, 1919, unless some unfore
seen circumstances arise. ssss
This company is delivering 200 bar
Irels or more daily to the pipe line and
NOW has five wells on the Clay ard
Taylor. in Lee county.
Recently the Wright Compa1x pur-
chased 100. acres Of the Eure1 tract
from the Flesher on and ca 6nl-
pany and expects to devetoR IN pro-
perty in the near futprs s.
- = e =
FOR SALE or FARM IltxA
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