The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-04-03


these southern planters, stockhold-
crs In the Tom James company have
visited Ponca City the guests here
% T.. W. Marland, head OF all the
companies bearing his name. and
Col y. B, LuwruuCo. general mana
ger of the Tom James and himself
q former TenncSsgcau. And 10 has
been the Custom, too. for the local
officials u tho Mariaud ana subsi-
diary companies to participate uu-
nually IN big hunt with the Tom
James planters down iu Mississippi
as rula. Under the merger or tho
various companies AN the siuckhold-
ors In the Tom James, truuyuma
and kcuney- y-Clc0ry companies EVt
Morland OIL company stock lu cN-
change Tor their own and Thus the
planters become part OF the par
ont otguui2ation.
Docs Not Affect Comnr.
The merger, SO Is undoratuud docs
not affect the status of the Conan
tll company another NarlIud sUhs.-
diary for the reason thut 10 ls
company in which nil tho other
Matiand companies hold the stock
and tho COinar continues therefore
with the parent company us tur
stOCkhu|dor Conan means 1.-THE
companies OF Marland' and in that
way it got its name. 70 is one OF the
principal operating companies 90 the
present time IN the Bllss-1onkawa
field and originally, or early last
ialL owned 10000 acres iu lcusos
blocked UP principally on wildcat
structures In Kay Garfield, NOhlp,
Grant ana Usage counties Tho com.
pauy was capitalized ot 10000
shares with no par value.
After the Comor had hoou suc-
ccssful IN getting big production on
tho John W. SEQ farm, one ot the
most extensive producing tracts lu
the Bllss-Nnkawa, a deal was made
and Officially announced during last
November WhCrrhy "A half interest boo
the Cumar holdings was sold To- the
RoXaua company for g2,OOu,O0U
The deal was made by T.. W. Mar
land IN person on his trip to Europe
during the early autumn months of
last year. The management OF the
Cumar remained, however, In the
Marland company Marland COM
pHny officials announced at that time
that the Cumar salo was absolutely
the only one discussed with the
RoNana people.
In addition to the valuable acre
age In the -Tonkawn, tho
Comar holds an interest In three
valuable quartcr-scCtlOns lu the
western OsaRe district or Burbank
field. purchased In partnership with
the Tidal-Osagc, Spencer Petroleum,
and Producers & Refiners compo-
nies. The See acreage In the Bliss
TonkaWa includes 2i9 acres in To-
14-lw
Best Mid Continent Wen.
The COmar No. 1 on the See farm
has proven to- be the best well in
the entire Mid-COutiucnt Held dur
ing the present year u came in
last october and up 10 th cprcscnt
time has flowed over 100000 barrels.
and Il IS still making 400 barrels
daily from the 2,G0O-fOot sand. The
Conan No. is expected TO come I'm
during the present week and bets
are being made by Comar company
officials that II will be al least
75o-barrel daily producer from the
outset.
The original NIarland companies
were the Marland Refining company
and the Kay County Gas company
hut these were merged into the
Marland oil company on January 2.
1921, The present merger Of SUBJ
sidiary companies Is, therefore, the
second important action OF this kind
/ by the Mayland companies within
the past 3 months.
Sterling Well Of Interest.
one OF the wildcat tests in this dis
tricts that has been attracting consid-
cradle attention from the outset Is
the Sterling well, near Silycrdalc Just
across the line north from the west
crn Usage. IL Is being drilled by the
Midwest g. Gulf co. on the Sterling
farm I'm 3-35-5e with a. T.. Bur
linRame as the drilling contractor.
The company announces that three
different oil sands have been en-
countered since tho test was start
ed several months ago. Tho first
was at 200 fcct. tho second al
ara feet and the third at 1850
feet.
The third strike was accompanied
by n strong flow OF gas which was
later shut off by salt water. The in
tention has been 10 run the 5-inCh
casing 10 shut OF tho water and then
continue on downward with the
drill TO the 3.9OO-fOot or Marlaud
sand. Much difficulty has been on
countorcd recently I'm undor-roam-
ing and further drilling is delayed
\ TrainlOHd Day.
Tho Marland Refining company
has continued tho past week the aC-
tive movement OF refined products 20
lNlhl hflf bN'lhklHk II llh4Ilhdu n NNN
for some time, and u is understood .
that this movement will he coutiu-
ued for some time 20 come. The lo-
cal Santa Fe yards are more active, |
ms result OF these shipments. than
they have been since prior 10 tho
OIL depression. The Marland COM
pnny now owns a total OF 9i5 oil
tank cars.
A local oil industry change Of Inn
portanco, the past week. was tho
resignation Of Frank Jameson from
the McCackcy-Wentz company, with
which he has been associated hers
Tor number ~ years lie has
formed a partnership for the pur-
pOse OF contracting the drilling Of
wells with Ponca CITY as his head
qaurteTs and viii be I'm that limo Of
work henccforWard
Sam Collins. ir. L. A. Warren.
Wesley !. Sum and several other
officials OF the Norland on company
are preparing 10 attend the corvCn-
tion I'm Kansas city the coming
week ~ the mon engaged I'm the
marketing end Of the oil Industry.
Ao... mn A.. r...Is