The Democratic banner. (Mt. Vernon, Ohio) 1898-192?, 1921-05-03
Well Put Down By Mt. Yer
non Men Reaches Oil Sand
Thursday Night
EARLY ESTIMATES ARE
EXCEEDINGLY GLOWING
Oil Operators Are Giving
Gambler Field Increasing
Amount of Attention

Highly gratifying reports were
brought to Mt. Vernon late Thursday
evening Of the showing made by the
drill in the uIlery No. I in the Gam.
bier field brought in by the verno
Co.
1t was nearly dark before the Berea
sand was found. The first showing
was good and 1t became better and
better until the drill was stopped af-
ter going approximately 12 feet in
the sand.
The progress of this well has been
followed with deep interest not only
by the members of the Verno Co.,
whose first well it is but also by 9TH
er oil men, many of whom have been
leasing what territory could be found
in that field.
1t is still too early to make a worth
while estimate on the capacity of the
Ullery No. 1, but experienced judges
who carefully observed the showing
made estimate the well will develope
as good as any previously drilled in
this field and will make about the
same daily average, so barrels or
better. At $2.15 per barrel for Corn
ing oil, which is the grade given the
oil in this field the Verno Co. has
done quite well in it's first venture.
The well will be shot some time to-
day after which more accurate esti-
mate can be made of what it will do
The Hancock No. l. the third well
put down in the Gambler field, has
been cleaned out, tubed, tank set and
made ready for pumping which start
ed Thursday. Late reports brought
in Thursday evening were that this
well was doing all that was expected
of it.
n OIL men are giving the Gambler
field an increasing amount of atten-
tion. Already quite bunch OF oper-
ators are here studying the field and
taking leases. There is now very lit
tie Unbiased ground in this field. 4
Among the oil operators here are
Otto Newlove, St.Marys; HarryDemp-
sey, r. M. Apple, Cleveland; w. N.
ROnshausen, Lodi: l.. M. O'Hern,
Gibsonburg; Ross Adams, Lodi; J. b.
Finney. Mansfield; II. b. Stafford,
Ashland, Ky; Harmon, Cleveland;
Glass. Lodi; Nash, Lexington; Peter
son, McKeesport, Pa; and Jamison of
the Wiser Oil Co., Parkersburg, w.
Va.
So far the real oil men have been
alone in the field which 1! rs yet quite
free of amateur operators and lease
peddlers. AS the news spreads of the
developments OF this field some of
these gentry may make their appear
ance here but they will find them
selves coming late on the ground and
the best of the territory under lease
to men who will develope honestly
and fairly.
Talk among the oil men discovers a
lot OF confidence in the Gambler field.
While avoiding an appearance of ex-
uberant enthusiasm they express their
opinions in terms Of complete salts
faction. After watching the show
ing made by the wells now operating
they confidently express the opinion
that they will hold UP well and will
be steady and consistent producers.
There is quite bit of rumor afloat
to which too great Significance should
not be attached. 1t Is being told that
the Logan Gas Co. is about to bring
In two rigs and put down wells and
that the Oil Fuel Co. also may come
In.
1t Is fairly we'll established that
making arrangements to ship in rig
some Kentucky operators have been
in a short time and expect to begin
operations on territory they have leas-
ed east of present operations.
r. Marion Snyder, who was one of
the first oil men in the Gambler field,
returned Thursday evening from
Mansfield where he had been at his
home for several days.
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