The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1920-05-23

southeast Of 5-l2-13. and the hole is
plugged.
Cosden oil & Gas co. ct al. have
plugged No. 3 Morton, southwest of
The northeast Of the northwest OF
l6-1 3-12, at 1900 feet
After making 600 barrels of oil
from stray sand at 2 700 feet. tho
No, King well OF the Cosmos OIL
company, in the southwest OF the
southwest Of 6-l4-12, blew up and is
now drilling deeper II was appar-
entity freak producer.
New Rigs and Drilling Notes
Lyons Petroleum Co. is moving in
rig for test In the northwest
corner Of the northeast OF the north
east Of 14-1i-11, south Of tho good
wells in 11-14-11.
Carter OIL company has a rig I'm
tho southeast Of the southwest Of
the southwest Of 2-14-i1.
Texas company has rig timbcrs on
tho ground in the southwest OF tho
northeast OF the northwest Of MIA
IL and has made locations in the
northeast of the southwest OF the
northwest of 1l-l4-11 and the north
west Of tho southeast OF the north
west of ll-14-ll. Both the latter
are offsets 10 the 900, ,OOO-foot gl.
well OF tho Holiday company In the
southeast of the northwest Of the
northwest Of ll-l4-ll. The Holiday
rs rigging up for a twin well
John h. kchold is drilling at 5000
rect on tho Washington so In the
south half Of the southeast Of i5-ll-
II, tho first tcst In this section which
is directly north Of the big deep sand
pool IN 22-li-ll
Eddystone OF corporation has "a
D. Zoo
Planned as n 3,000-foOt test I'm tho
center Of the northeast OF the south
east Of 17-15-16.
Diamond IL Wiimot have rig up
Tor deep test in the center Of the
southwest Of 36-S-S. This IL five
n lies east OF the well of the Prcduc-
ers q Refiners corporation In 31-S-S,
which Is now reported making ID
barrels Of fluid daily, IS pcr cent Of
which Is water and the balance oil.
This oil conlns from sand found at
l.63S feet, and an attempt Is still
being made TO shut Off the water,
Several prominent and successful
oil operators and bankers of Okmul-
gee nave Joined in the organization
OF new oil operating company TO
he known as the Black Petroleum
corporation. The new concern takes
It's name from Il. II. Black. oil pro
ducer and capitalist, who heads the
new corporation as president and
general manager. The properties
which are owned by the new con
Germ were assembled and have been
operated largely by Mr. Black. who
is the moving spirit in the formation
OF the new company and who will
hold Tie controlling interest in the
corporation.
Aside from Mr.. Black, the officers
and directors of the company are
II. Il. Kennedy, treasurer; f.. W.
Ragsdale, secretary; John +. Cook
II. b. Ernest and Harvey Heller, di-
rectors. Mr.. Kennedy is the vice
president OF the Citizens National
bank. a consolidation of the former
Citizens and Central National banks.
and is one OF the pioneer oil men
and bankers of the city. Mr. Rags
dale has been associated with MIR.
Black in n confidential capacity for
number of years and is an expert
oil man in every sense of the word
John L Cook is president OF the
Guaranty State bank and one of the
most successful oil men in the state.
Associated with J. II. Rebold, Mr.
Cook has developed some OF the
most valuable oil properties in the
county.
lib. Ernest is the active vice