Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-02-15
A NEW OIL FIELD

Just opening near Vaughn, N
NJ. We shall not try to tell you
inst how many barrels these wells
will produce. but the shallow saha
is estimated at anywhere from
fifteen to forty or sixty barrels.
We have two wells contracted, ana
drilling has already started on one
of them, and at this depth these
wells should be finished in less
than ninety days. Our company
The Mesa Leon Oil Trust, is being
financed through the sale OF units.
par value $500 each. There can
be two thousand units sold and 70
date the local business men ana
others in vicinity have bought n
sufficient number to pay for Two
wells. We expect to drill at ieas'
five wells on this 1850 acres for
preliminary test when additional
funds can be secured to do so; and
we believe that each we'll can pc
depended upon to produce oil, but
the quantity Is yet to be deter
mined. Our geologist has spent
two years in this field and has
made an exhaustive study of same,
and believes in it as a big producer
with every ounce of energy in his
system. His opinions are con-
firmed by others of the profession,
some of whom are almost nation
ally known. The Mesa Leon OIL
Trust is a New Mexico organization
composed OF .oeal business men
and prominent men from nearby
towns, comprising an organization
that will positively guarantee n
square deal to those holding units
in said organization. A copy OF
our Declaration of Trust Is on file
in tho office OF the state bank eX-
aminer at Santa Fe, and it goes
without saying that our organiza-
ton has been thoroughly investi-
gated. and tho New Mexico Blue
Sky laws. being very rigid, are
added assurance that the purci1as-
er is doubly protected. The trus-
tees of this organization have the
development Of the state at heart
have no desire to jeopardize the
interest of any person regardless
of the amount of their investment.
The terms of this Declaration OF
Trust provide that the funds Sc
cured from the sale of units be
deposited in the Trust Department
of the First National bank of santa
Fe, ana sucn ,ands shall be USED
for actual drilling. We have no
promotion sock, no salaried trus-
tees, ara there can be no graft.
Our trustees are J. o. Darlington,
T A a q q
Rooney, Harry S. Boaman. c. i.
Clark, and ]. NJ. Avery. They ask
and desire the closest investigation
as to the plans ana methods of the
organization. Information given
and units on sale at No. III South
Fourth street, Albuquerque, N, M.
Home office, East Vaughn, N. NJ
You will get quick action on your
investment, and the chance of big
production in the deeper sand that
VI be sold later to the larger
companies is regarded by practical
oil men as excellent. Those buy
ing one unit own one two-thou-
sandths part of entire production
of 1850 acres, both shallow ana
deep sand. You can afford to buy
some of this You can't afford to
do without it. A big play for
little money. other wells starting
soon. Buchanan well reported
two hundred barrel well. Get in
now. Leases in other fields bring
in $4,000 per acre and up. This
may be the same. This is your
opportunity. Call and see us.
MESA LEON OIL TRUST,
e. c. Powell, Agent.
No. Ill South Fourth Street,