The Adair County news. [volume] (Columbia, Ky.) 1897-1987, 1920-07-07
OIL NEWS.
[BY E. t. Ksmper ]

have leased quarters in the Page
Building where they win esta blish
their general Offices just as soon As
furniture, which is now on the way
here from Cleveland, Ohio, arrives.
The president, Mr.. Geo. II Palmer,
who. has been in town for several days
past, advises that they have drilling
machinery on the way from:West Va
points, and it is expected to arrive At
an early date.
Mr.. Bee Whitis, field manager OF
the ]. z Carnahan Oil Company, and
who is one of the busiest men to be
found anywhere, was here last week
ons short trip and left for Lincoln
county. While here Mr.. Whitis ex-
pressed himself as being pleased with
the progress of the drilling at lions
Church, and he is confident they will
make a good strike when they reach
the second sand. They are now down
something like 400 feet, and are going
thru very fine and regular forma-
ton.
At depth Of something near 300
feet the Roy Petroleum Company
drilling on Damron's Creek have a
COED showing OF oil. They have en-.
cOuntered strong dow OF salt water
which is giving them lot of trouble,
but they hope to have it over
cOas soon. Expert oil men who have
been in that locality latsly predict
there is oil to be fouGd there in pay.
ing quantities, aud it is to be hoped
such. eD1erpristng peoples as the Roy
Company may be. successf4l in~ths
very near future in making a good
strike" ~ -
Reliable lntofmation IS az hand that
goOdly number oElsssss ara chang
ing hands in the Crsslsboro fsld, and
while no figures are given out for pub
LEGATION sttn it is not out Of PIacs 70.
state that satisfactory prices ara be-.
ing realized, and the indications are
that some Of che big operators will
begin development work there at ne
distant date. Rentals are being paid
promptly and an unusual interest ia
the territory is being shown BY the
oil fraternity generally. - -, &
There are al ways to be found in ev-
cry locality number Of ''doubting
ThOmases" who are ready and eager
to give vent to their valuable ~ opin-
ions regarding any and ali develop
ment work being prosecuted in the
vicinity where they reside, and the
Oil business, which is one of the lar
geSU and most important in the world,
is now getting more than its share of
unjust criticism on ali sides. If you
have no faith IN the proposition, and
there are other people in your midst
who have and are spending their
money IN boosting the business,
thereby beneftting the community in
general, why not lay aside your little
hammer for season and quit ""knock-
ing" ~ One booster is more ben
e6cial to community than all the
knockers" past, present and future.
Mr. G. A. Roy, president of the Roy
Petroleum Company, who has been
spending several days in this locality
looking after the affairs of the Com
psnY, left Thursday for Lexington
and other points, but with the prom
AoO W LNOAAd az al OoAlg OAOOs llliO
here Mr.. Roy devoted great deal of
time in looking over and checking up
their large acreage located in Adair
and Russell counties, and he not only
expressed satisfaction over present
conditions but he also made strong
predictions as to the oil future of this
section.
In private letter just received
from Mr.. W. F, Coast, the well known
operator with hsa dquarters at Clncin-
natl, he states that he expects to be-
gin drilling at CreeIsboro as soon as
machinery and equipment can be
gotten on the ground Mr. Coast has
associated with him Clean NY,
capitalists who are ready and anxious
to assist in developing this territory,