The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1920-01-20
Local Drilling Company Is Blocking
Acreage; Tools Shipped To This
City; Should Arrive Here In
Next Few Days.
LOCATION REPORTED TO
BE WITHIN TWO MILES
Officers of Wisdom Southwestern
State Contract for Depth ct $500
viii Accompany Test; Opera.
tions To Be Pushed.

@A'A 90 hNnN ~ NiiN AiiAAliNAANN1 WIN
ity of Chickasha has been long in
prospect, but apparently II was never
nearer a reality than at this time,
according to statements Of officers of
the Wisdom-Southwte Drilling and
Development association, local con
cern.
This company has just completed
organization and owns two strings OF
drilling tools. The organizers of the
company are W. II. Wisdom, assistant
cashier of the Oklahoma National
bank; Dr. W. H. Bonnell, physician;
Clyde Kelley, oil and real estate
broker; Otis Cosgrove, oil broker,
Chas. Mayfield former assistant chief
Of police and now an oil broker, Jake
MUTT, a farmer and Chas. |. Miller,
manager of the Dixie store,
Rig Ordered Shipped Here.
A telegram was sent yesterday
evening by the Wisdom-Southwt
ordering one of their rigs shipped
from Walters to Chickasha. This rig
is standard outfit and is expected
to arrive in Chickasha as soon as
transportation facilities can land it
here. There will possibly be some
delay owing to the bad roads in the
Walters field, officers of the com
pany expect. ,ea
This rig win be unloaded at Chick
asha and by the time OF its arrival
here, all other arrangements will be
made to start the test we'll it is ex-
pected. Officers TO the company
state that there will be nothing in the
way of financial troubles to check the
start and completion of the test.
They Want Acreage.
1t was pointed out yesterday after
noon by officers Of the company that
they are not after a bonus in cash
from the people of Chickasha or
from any organization in the city,
but that all they want is acreage.
They have two propositions from
farmers living near town heads of
the company declare. one Is from
group of farmers south Of the city
and the other is from a group north
and east of town. 1t was intimated
by one of the officers that the group
of farmers furnishing the best induce
ment in the way of acreage would be
benefited by the drilling of the test
on their block of acreage
Both Sections Look Good.
Both these locations look good to
US said Otis Cosgrove yesterday
evening" We have had five different
geologists make reports on both ter
rtories and they are all practically
alike in their statements. From
these reports we gather that either
section of territory is well worth the
expenditure Of the money necessary
to put the test down Our contract
will call for a test $500 feet deep.
"Another thing, we don't want all
the acreage in the world We will
drill that test on less acreage than
most of the professional wid-catters.
We don't want a whole county and
would drill that test on as much as
5000 acres, properly blocked We
have done considerable work already
and have part of the required acre
age blocked The well will be drilled
that's certainty. Whether it is
drilled south of Chickasha or north
and west, depends on developments
concerning the manner in which the
land owners of the two sections CO.
operate"
Mr.. Cosgrove, as well as other off
GERS in the company stated that in
either case, the we'll would be dliAsd
within two miles of Chickasha
BOY SCOUT COUNCIL