, 1921-12-15
~ srA-nN DEM hflrlN kiKf
TO BE IN OPERATION
SOON AT CASPER

TO BE IN OPERATION
SOON AT CASPER
That Casper soon will have an in
dependent refinery with a daily
capacity. which eventually will reach
10000 barrels. became a confirmed
fact last night following an inter-
view with Harry f. Ryan of the re-
Gently incorporated Wyoming Re-
fining company. Associated with Mr..
Ryan in the preliminary details of
the project are Mayor-elect w. A.
Blackmore of Casper and Wallace H.
Leavitt, who resigned his position as
superintendent of the local Midwest
Refinery several weeks ago.
1t was extremely affable. frank
and genial Mr.. Ryan who was inter-
viewed. 1t was plainly evident that
he n his associates were thorough
ly satisfied with the multitude Of de-
tails essential to a proposition which
will within two years. entail the ex-
penditure of 10000. 900.
Mr.. Ryan came to Casper last
July as a representative Of a concern
not even remotely connected with the
refining Of oil. While in the city,
because Of his close connection with
eastern capitalists who were looking
for an outlet for their money in the
undeveloped of the west,
Mr.. Ryan was approached by certain
local men associated in the oil in
dustry and questioned concerning the
possibility OF securing sufficient
capital to build an independent re-
finery here. Before developments of
proportions has been made it was
DanpGSnr,- for Mr. Dyan y, rot,,, o.
Boston. With his leaving the local
men became more enthusiastic about
the proposition and Mr.. Ryan was
communicated with in Chicago with,
the result that he returned to Cas-
per and has been here actively in
charge of the development Of the
project for w months.
1t was at first desired that the
refinery be financed entirely by cap
ital from the Rocky Mountain region.
Later this seemed inadvisable and
Mr.. Ryan was dispatched to Boston
to interview various brokers and
capitalists. After these men had in
vestigated the matter, they agreed
to associate themselves in the enter
prise upon the following conditions:
l. That they be assured of 2 1000
barrels of oil daily.
2. That sufficient capital from
the Rocky Mountain region be in
vested to show conclusively that the
people in that section where whole
heartedly behind the proposition.
3. That a strong. experienced and
reliable personnel be secured to as
sumo charge OF the refinery.
"All of these details have been
arranged to meet the satisfaction of
the Boston and Cleveland financial
operators" said Mr.. Ryan.
And a most satisfactory compro-
mise was effected when we were able
to form a combination Of eastern and
western corporation. Our board Of
directors consists Of six men from this
locality and three from a more dis
tant one."
1t Is intended to commence the
construction very modestly. Obvious
ly. it would be impossible to put into
operation Immediately a refinery
which would handle 10000 barrels OF
oil daily. In the near future. how
ever. a unit Of one battery Of six
fire stills. to be run on continuous
distillation will be commenced. This
unit will take care of between 5000
and 5000 barrels OF oil each twenty
four hours.
The new corporation will have its
W independent pipeline to Salt
Creek so that they can have delivered
at their refinery the oil which is our
chased from the independent COM
panies. This pipeline will, Of course
be a common carrier.
That this independent company
will have no difficulty in buying oil
&c oSCnrn3 of tho nrncnnf ttr,n Cou-
tracts with the larger buyers and
producers of oil do not issimilate the
entire production Of the Wyoming
fields, nor do many Of these contracts
in any way prevent the leasing COM
panies from taking their royalty in
oil and selling 1t to whomsoever they
choose.
The Wyoming Refining company
was incorporated in Denver Satur-
day. under the laws of the state of
Colorado. The nine names necessary
for the filing of articles OF incorpora-
ton are w. A. Blackmore. w. T..
Lindsay. J j. Chapman, NJ. J. Burke,
w. H. Leavitt. W. o. Wilson, VIM.
p. Kelly, Francis P. Matthews and
II. w. Ryan, the latter a brother of
Harry E. Ryan. OF these nine men.
who are to be the directors Of the
company for the present. the first
six are from Casper. J.. B. Fraden-
burg and Harry E. Ryan, together
with w. O. Wilson OF Casper were
in Denver last week to attend to the
matters Of Incorporation.
Mr.. Blackmore. mayor-elect OF
Casper and a substantial business
man of the city. is president of the
newly incorporated Wyoming REIN
ing Company. With six OF the nine
directors from this vicinity, 1t Is evil
dent that the control Of the company
! will be in Casper, while the capital
will be furnished to a large extent In
the east. Mr.. Ryan intimated that
about ~one-fourth Of the 10000, 900
capital would be raised in the Rocky
Mountain region.
Mr.. Ryan wishes It emphatically