The Cordova daily times., 1922-09-09
J. ". MCORD ON WAY WEST
 TOOILFIELDS

and clear the way TOT the entry ol additional oil companies into the Cold Bay field in case of successful drilling operations, which he is con- fident will happen, Jack McCord, general manager of the Westward Development Company, and well known Alaskan engineer, prospector and miner returned to Juneau recently from Seattle.
 q can say as a result of the ef- forts of the 10 prominent Portland and Seattle business men compris- ing the Westward Development Con- pany, three great oil producing cor porations are now actively interested | in the Alaska Peninsula oil fields. They are backing their interest with capital aggregating $9,000,000. or course, these companies have capital resources to many times that amount but that is the sum which they are prepared to expend on the present 
 i terview with the Empire.
 The companies referred to by him are Standard Oil, of California, Gen. eral Petroleum and the Associated | Oil Company. Four drills are being landed at Kanatak and men, sup plies and equipment are with them ready to launch operations as soon as it is possible to do so.
 RUSH TO BEAT WINTER
 Pooling their resources at Kama talk, the companies are constructing a road leading from Kanatak to Pear 1 Creek, where the first holes will be sunk It is planned to do winter work in the field but in order to do so, men and equipmnt must be housed against the heavy storms that sweep the district during that season. For that reason, said MT. Mc- Cord. there is a rush being made tC the ground as soon as it can be done
 In the material recently shipped was lumber cut into suitable lengths fitted together, and ready to be put LID into houses. Men were supplied with suitable clothing and in fact every precaution was taken against delay. When the camps have been erected, indictment weather will not
 
 hinder the drilling.
 OTHER COMPANIES INTERESTED
 Several large producing companies are watching the drilling operations closely, said MT. McCord. If oil is struck they will be prepared to as sist in the development of the field Included in these companies are the Sinclair Corporation of New Jersey and E. l.. Doheney's companies. MT McCord said he has an engagement to meet Mr. Doheney next month in the south
 Not less than $500,000 will be ex- pended in the prospecting operations in the Cold Bay region this winter by the drilling companies, he said. If oil is encountered ill commercially paying quantities the real develop ment of the Alaska Peninsula will begin. At least one of the compan- ies now interested is said to be ready to erect refineries in the field if the drilling is successful, and plans to take care of it's northern and Asiatic trade direct from the field.
 CREDITS NORTHWEST HACKERS
 The history of the entry of strong capital in the Alaska Peninsula dis tricts covers months of persistent endeavor on the part of A. s. Kerry head of the Westward Development Company, and his associates, whose support was enlisted by MT. McCord after his first trip to Cold Bay. Dur ing that period negotiations were carried on through MT McCord with holders of permits to oil claims, with the companies and with Secretary Fall and other officials of the De- partment of the Interior. At one time, several months ago, when the negotiations had apparently been suc- cessful and deal closed, sit uation arose which upset the ar engagements and virtually all of the work had to be done a second time. "It was only through the unfaltering support of the men who are the Westward Development Company said MT. McCord in recounting some ] If tho difficulties