Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-11-26
INDEPENDENT FIRM
HAS ONE PRODUCER
IN KEVN-SUNBURST
Drilling Second Well, and Third
Will Be Spudded in
Soon.

With n producing we'll. another IN
process Of drilling n a third soon to
be spudded in. the Homestake E1plor-
alton corporation, which is the oper-
ating company formed by the organic
crs of the Homestake Oil company,
one Of the early producers of the Cat
Greek field, is beginning to make quite
an impression in the Sunburst field
and will be most active. i'll 8
This company has holdings aggre-
eating about 5000 acres well spread
over the field and in proximinity with
virtually every producing wei in the
field. This company is the offspring
of the Homestake Oil company which
has il producing wells in Cat Creek,
and was formed in order to divorce
of the Cat creek. One-fourth of its
stock is held by the parent company,
tone-fourth by eastern capital and one
half by officials of the. Texas Oil
company.
1t has been conservative in its oper-
ations and did not go into the Sun
burst field until after the bringing
in Of the Gordon Campbell discovery
well. Although it has provided for
hut three wells this year it is very
likely that its activities will be in
creased during 1923 TO the extent of
the drilling Of about % holes.
FIRST Well a Producer
The first well of the Homestake to
be drilled in the Sunburst field was
the Homestake-Riebe No. 1, located
on the north half of the northeast
quarter of the northwest quarter of
3-35-2 ", which was brought in at
1916 feet with a slight showing of
oil, probably six or seven barrels. The
well was then shot but through some
accident a portion of the charge was
not exploded and when the drill was
nut back in the hole it exploded this
charge doing considerable damage to
the casing and the tools.
As an arrangement had been made
with the NIid-northern for the fur
nishing of gas from the Riebe for its
nearby operations it was Impossible to
repair the damage without cutting off
the supply of gas to the Mid-northern
so work was not resumed until the
completion of the NIid-northern well.
The tools were then recovered and
the well has since been pumping on
the beam and has been making 50 bar
rels in five hours. AS the rig was
required for other operations the out
fit was moved since which time there
has been no production but it IS now
being put on the jack and pumping
will be resumed. This well offsets the
Sunburst discovery well.
To Start Homestake Mo. 3
Homestake No. 2, which offsets the
Mid-northern producer, is. on the
northwest of the northeast Of SOS
W, upon the Howling lease. Drilling
has been under way for a short time
with a standard rig and it should be
driven to completion within a couple
of weeks if work is not delayed by a
shortage of water.
Drilling is about to be started upon
the Homestake No. 3. which will be
an offset to the big Hogan producer.
The derrick has been completed and
operations will proceed as soon as Il
satisfactory supply of water can be
made available. This rig is located
on the Observation-Disclosures lease be
longing to the Nineteen Syndicate and
is at the southeast corner Of the
northwest of the northwest Of 22-35-
= W..
The Homestake Exploration cor
poration is also largely interested in
the Bowdoin structure in Phillips
county. holding leases upon about So
600 acres in the center of the struc-
ture. Ii is now engaged in sinking a
rest well upon this structure on 2-32-
SO e, about eight miles north Of Saco
and about four miles from the well of
the Phillips County Oil & Gas com
pany which is over 1900 feet down
and which has already opened up a
strong flow Of gas.
Drilling was commenced on the
Homestake well during last week with
the expectation Of doing winter drill
ing. A good supply Of water is avail
able and the company figures on going
down between $500 and 5000 feet.