The Adair County news., 1921-03-23
OIL NEWS.
by E. T. KEnlPER.l

suspended for time being on account
of the drillers having been unable to
remove broken parts Of machinery
from the hole.
Mr.. ]. E. Carnshan, Canton, Ohio,
owner and bead of the Carnahan Oil
Company. arrived here Saturday and
is spending a few days in the Crsels-
boro field where the concern is operat-
ing extensively. 1t is currently re-
ported that the company will spend
considerable money in that locality
within the next few months.
DR.. Frank D. Hines, president of
the Southern Oil & Refining Com
pany, Denver, who spent several
weeks here recently, writes that he
and his associates are very optimistic
over the present condition of their af-
fairs in this section, and that they
are making no mistake in spending
their money on development work in
this territory.
Crude oil prices are still very low,
and this has caused quite lull in de-
velopment work and interest general
ly In the business in certain localities,
but the general situation seems very
much improved and some Of the best
posted men in the business are max
ing the prediction that crude prices
will advance as rapidly as they drop
ped, and it is believed that within the
next sixty days prices will be higher
even than they were on January first,
last, when they were at the crest.
Operations along the Cumberland
river, particularly in the counties of
Cumberland and Russell, are very &C.
tive at present and judging from the
number OF drilling contracts now be
ing let there is every Indication that
the year 1921 will witness the most ex-
tensive development work in the his.
tory of the business in that section.
Drilling operations in this immedl-
ate section, with the exception of the
Columbia Development Company, are
all progressing as fast as conditions
will warrant, and neither pains mol
expenses are being spared in going
down to the lower sands where the
"pay" is looked for in this field.
A No. 25 Starr drilling rig was re
received at Bakerton on Friday fol
Kash, Walker & Kash, Lexington, nov
operating on the Radford farm, Brush
Creek. These people have already mel
with good success there, and they ar,
pushing development work to, the
limit. gi1s
Mr. J. B Doolittle, the wellknowr
operator of Worcester. N. Y, whit
has been i'll recently, writes that h
1 is now much better shape and that h
expects to return here soon. a1A
Messrs. L. w. Dale and Elmt
4 Pearce,p both from Oklahoma and nov
> making their headquarters here, wer,
on tour of inspection to the Brush
Greek field last week, and they brinl
back glowing report of the situation
there. - Is gss'
1t is reliably reported that certain
capitalists of Philadelphia have con
tracted with Mr.. T. S. McGrath, on
of the most extensice drilling contrac
tors in the country, for the sinking o
fifteen wells near Neely's Ferry, Cum
berland County, a few miles belov
Burkesville. The report also state
that the Philadelphia people vii
spend not less than 500. OOO, OOin thei
initial operations in that section TIL
wells will be PIT down to the Trento
i sand which is found in that locality
depending upon elevation, at fror
3 600 to 1000 ieet. The Daniel Boon
4 Oil Company have recently complete
a a well there which is reported a
, making fifty barrels per day on tn
! pump.
h Will be delighted to show you m