, 1921-12-15
. ->..-.H .sa.s .-sa.sN C~'ssA nv I
PURCHASES BIG SITE PLANT

That marked progress has been
made in The affairs of the recently
incorporated Wyoming Refining Com
pany became evident yesterday with
the announcement both of the pur-
chase of a 340-acre site for the re-
tinery and the details of the plans for
the sale and distribution OF the stock
allotment for the Rocky Mountain
region.
Although effective progress in the
plans for the refinery has been made
since the beginning, very little
definite information has been given
out by w. A. Blackmore. president
Of Casper's $4,000, 900 project. Wal
lace II. Leavitt. general superintend-
ent, and Harry E. Ryan. financial
agent.
The tract purchased for the re-
fnery is located three miles east Of
Casper and extends along n north
side OF the Platte river. with the
right of the Chicago. Burling-
ton & Quincy and Chicago & North
western railroads and the Yellow
stone highway bordering it. The ad-
vantages of this location are obvious.
The site includes 22O acres in Sec
tion 6-33-7S and 100 acres in section
l-ODi5. Int pI opCltS " ulSllS uS
longed to B. B. Brooks and was pur-
chased outright for a cash considera-
tion by President Blackmore of the
Wyoming Refining Company.
Further advantages of the site for
a refinery project are indicated by
the fact that the pipe line from Salt
Creek will be about three miles
shorter than those now in operation,
thereby lessening the cost of pipe line
construction. Due to the general
smooth contours of the land. very
little grading will be necessary and
a practically i~nexhaustable supply of
gravel. a prime requisite in construc-
ton. is found on the property.
Engineers will commence their
surveying for the refinery within the
next few days and actual construc-
ton work will commence as soon as
the weather permits. Contracts for
the purchase Of pipe for the pipe line
to Salt Creek. together with the
material necessary for the building of
the refinery itself, are now being
considered by the officials of the COM
pany.
The plans call for the immediate
construction of one unit of six crude
stills. which will be able to take care
OF the $500 or 1000 barrels of oil
at present under contract. Contracts
with other Independent companies
are also pending and drilling will be
done on the acreage already secured
as the expansion of the refinery per-
mits. Ultimately, the refinery will
have a capacity of 10000 barrels a
day. although the site purchased is
of sufficient size to permit the con-
struction OF a refinery twice that
size.
Wallace H. Leavitt, formerly su-
perintendent OF the local Midwest Re-
finery. is second vice-president and
general manager OF the new concern
and will be in charge of construction.
For superintendent Of the refinery
there will be engaged an energetic
executive with many years OF expert
ence in pipe line and refinery con
struction and operation in the Mid
Continent field. His name will be
announced later.
While the greater part OF the stock
in the corporation has already been
subscribed for by a group OF eastern
financiers. 1t is understood hat there
will be.offered for sale in the Rocky
Mountain region $1,000, 900 worth of
preferred stock. Exceedingly at
tractive terms of purchase are given
for the benefit Of those who contem-
plate investment in the securities OF
the company.
With the first 10000 shares OF
preferred stock. par value 800, the
purchasers will have the opportunity
to buy ten shares OF common stock
with each share of preferred stock;
with the next 10000 shares, eight
shares of common stock will be Of
fered with each share OF preferred
stock; with the ext 10000 shares.
six shares of common stock will be
offered with each share Of preferred.
Plans for the disposal OF common
stock with the last $4,000 shares Of
preferred stock will be worked out
later by the board Of directors.
The sale of this stock will be
handled through Harry E. Ryan
Company. rooms 217-1S-19 Midwest
Building. Further details regarding
the work on the refinery. as we'll as
the sale Of stock. will be announced
from time to time in the news and
advertising columns of the news
paDerS.