The Adair County news., 1920-07-28
OIL NEWS.
[BY e T. KEMPERJ

thing over 700 feet, favorable lorna
ton has been encountered, and drill.
ing will be continued to a sufficient
depth to thoroughly test the location.
AS soon as this well is completed the
rig will be moved to the Henry In
gram farm about one mile from town
on the Russell Springs road. where
tie next we'll will be drilled without
delay.
Representatives of the Associated
Producers Association have been
spending considerable time here late
ly for the purpose of getting in close
touch with local development and Sc
curing all the possible information OBJ
tainable at first hand. They have
given out very little information as to
how they are pleased and what their
intentions are, but have every rea-
son to believe they are taking more
than passing interest in what is 60
ing on here in oil circles, and 1 pre-
dict that they will spend goodly sum
Of money in this territory.
Mr.. Elmo Pearce, the well-known
operator of Blackwell, Okla, who was
here sometime since temporarily, ad-
vises that he is returning here at once
, to begin operations in this section,
and he also expects 60 bring his family
and locate In Columbia while he is
developing this territory.
The Office equipment Of the Palmer
Oil g. Gas Company has arrived from
Cleveland, and they are now nicely
domIciled in the Page Building, on
CampbellsViIIs street, where they have
taken lease, paying rentals a half
year in advance Mr.. Geo. A. Palm
or, the president of the Company, has
been called to Cleveland on important
business matters for few days, and
while away he will endeavor to hurry
forward the shipment Of their drilling
rig from West Virginia, The Palmer
people are the kind we are glad to see
locating in our midst, for they are
ready and willing to do things. They
know the oil business thoroughly, and
and in addition 10 this they are reli-
able, and they express faith in this
section proving to be great field.
Mr. Frank Sweet, in charge of the
Beacon Oil Syndicstes drilling opera
lions aU Greensboro, was in town the
latter part of the week for the pur'
pose Of getting certain supplies they
have been very much in need Of, that
have been ''sidetracked" here for sew
eral days past. and he talked very en-
couragingly of general prospects and
conditions in that section. The Bea-
con people have the drilling contracts
for the McMead Oh Company, and
they are doing all in their power to
rush the development work as much
as possible. MI. Sweet while here
gave a very faVoroble report of the
McMead Company wells on the Camp,
bell Bros farm.
While in Lebanon the latter part Of
the week, during conve rsation with
Mr.. C. S. Harris, a former well-knoWI
citizen OF Columbia, now located al
West Point, Miss, he informed me
that they are on the verge of an OF
boomin his locality, and that deep test
drilling is about to be started within
four or five miles of West Point.
DR.. ]. W Goggin, vice-president
and general manager of the Beacon
Oil Syndicate, Chicago, accompanied
by parties from Louisville and Chi
cago, was here Sunday night and left
early Monday for the Creelsboro field
The Beacon people own a god bloci
of the stock of the McMead Oil Com
paDy, and they are vitality interestet
ia the development OF the Company
holdings DR. Goggin is "liVe wiIe'
in the oil business and he believes il
doings things.