Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-05-03
STANDARD OIL
BUYS 100 A.
INKEVIN FIELD
Cash Payment Is Said TO Have
Been $4,000, With Similar
Sum in Year.

Evidence that the big companies
are not only taking a keen interest IL
the developments in the Kelvin Sun
burst oil field, but have passed to the
stage where they are making actual
purchase of acreage, became known
Tuesday, when acreage in excess OF
HOO acres, rear the Troy Sweetgrass
well. was sold by Arby Beardsley to
the Standard Oil Of California.
The consideration reported in the
deal was a cash payment of S2O,OU
and q second payment OF the same
amount to be made within the next
year. In addition to this, a royalty in
addition to the 1914 per cent to the
landowner is understood to have been
reserved by Mr.. Beardsley. Reports
placed this royalty at 21a per cent.
Acreage Well Blocked
The land In the sale is decided land
and is described as the south half of
the northeast quarter and the south
ton 81, with the exception of 80 acres
in the southeast half of the southeast
quarter, the southeast quarter of sec
tion % and the north half of the north
half of section %. all in township "a
north, range 2 west. Thu acreage is
well blocked and lies west of the Troy
Sweetgrass well and south of the loca-
ton Of the Big West and w. NJ. Full
ton operations.
Neither Mr.. Benrdsley nor repre-
sentatives of the Standard Oil would
discuss the deal.
Coupled with the presence in the
city of Fred Hillman, president Of the
California company. and A. 5. Palmer
of Billings, Montana manager, and
their trip, with many other members
of the company, to the Kelvin fields
Tuesday, oil men became certain that
the Standard Oil company will be ex-
tensively interested in the development
of the field.
No Pump Test 2
The California party. in it's trip to
Kelvin, inspected the Gordon Campbell
Kelvin syndicate well, but denied that
8 pump test was run or is being con-
templated within the next few days.
Scouts of other companies verified the
statement Of the California officials
and Gordon Campbell also denied that
a pump test was included ia his plans
i for some time.
\ mistake in sending the pump now
installed resulted in shipping a dem
onstration packing case, one side being
. cut away to reveal the working parts,
and making use of the pump impos-
slble. according to Mr.. Campbell. A
new packing case has been ordered by
telegraph but has not arrived.
Suhr Let's Drilling Contract
"A second deal in acreage of consid.
erable Importance to oil men of the
city was a drilling contract let by Don.
aid Suhr of the Suhr Fruit company
to y. Z. Stevenson of the Sunburst Oil
d Gas company. The drilling contract
is on the Suhr government permit and
consists of 400 acres. 1t is described
as the northeast quarter and the north
half Of the southeast quarter of section
y and the south half of the northwest
quarter and the north half of the
southwest quarter of section 10. all
IN township "a north. range . west.
:, The consideration in the transaction
has not been reported. and oil men of
the city could only hazard a guess as
70 the amount, although it was known
mat there was a cash payment of con
siderable size.