The Pulaskian., 1920-08-12
DOLLAR
 ARKANSAS OIL PRODUCTION co.
Victory Oil Production Company Owns One Thousand Acres of Val uable Leases in Proven Fields of Four States Successful Past and Brilliant Future.

Brilliant Future.
 From two small companies with limited capital, each operating on five acres of proven land in the Des. demona field of Texas, the Victory Oil & Gas Company has developed into the Victory Oil Production Company with a capital stock of l Sl,000,000, and actual holdings with a book value of more than S25O.000. h less than a year the company has returned to its stockholders 40 per cent of their investment in dividends. Additional acreage is being secured, extensive developments are in pro- gress and other plans are being con- sidered which will make this one of the truly big oil corporations of the country.
 The Victory Oil Pr ,dueL;on Com plny, successor to the or sinal com Eanies, was incorporated July ?, 1920, and has exteneive oil leases in the states of Texas, Arkansas, Okla homa and Kentucky. At the head of the organization is John R. Frazer one of the states most successful business men and sane promoters. He has associated with him a staff of men who have made a success in other fields ad who are cooperating with him in making the Victory Oil Production Company one of the. greatest and most prosperous indus trial projects of the south.
 One of the most recent acquisi- tions of the Victory staff is Captain A! N. Hilger of Heber Springs, who was for eight years travelling claim agent of the Missouri Pacific. For nine months he was in the military transportation department of the Mexican border and for nine months in the s. o. s. in the midst of the severest fighting on the Italian front Since June l, Captain Hilger has been field manager and a member of the board of directors of the Vic tory company. He has devoted the greater part of the last two months to personal work and investigation in the oil fields where the company has interests. He Is most enthusias- tic over the prospects and says that there Is no better acreage anywhere than that controlled by Victory. There are three wells on the original ten acres, ear Desdemona, Texas, which have now settled production of 200 barrels each, daily. Two more wells are expected in there this week, which are expected to 1 yield at least 200 barrels each, mak- inng a total of 1000 barrels daily which sells at $3.75 per barrel.
 The company has secured three leases aggregating 2l acres, in the center of the famous Breckenridge field of Stephens county, Texas, and will within thirty days begin drilling on leases in the Corsicana district. This a shallow field in absolutely proven territory, one of the oldest in the state of Texas, having been pro- ducing the last twenty-five years. Pipe Line companies paid the Plat eau Oil Company, operating in the Breckenridge field, total of $1, ,Ol6- 900 for the sixty day production from one we'll. The Gonzales Creek ] Oil Company brought in a we'll last week that is flowing o,600 barrels I-daily by actual pipe line m:A5Si,. nlents On the Aiggibottam lease ia this distri |, ole we'll has been few ing 5000 barrels daily for three weeks. B. s. Walker, president of the First National Bank of Brecken- ridge, is the owner of one we'll for which he has refused $l,000,000 of fered by a New York syndicate. There has not been a dry hole with in radius of eight miles of Breck- eridge. The wells in and adjacent to this field are making from 600 to 9,600 barrels daily and the actual pipe line run is l50,000 barrels every twenty-four hours or an actual yield of more than half million dollars every day from this. one field
 A state commission regulates the number of wells that may be drilled on any. given territory. The Victory 1 Company has three leases in Lake view addition. The derrick on No. l will be completed by August Is. The average depth of wells in this field is 3,l80 feet and production has been secured invariably at that depth in an average of 48 feet of oil sand. A we'll can be drilled ordin- arily in 35 days. Wells on the other l |