The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1922-06-30
LOCAL COMPANY
GOING AFTER OIL
Hold Very Valuable Leases in the Fa.
nous Cat Creek Oil District, in
Montana.

When one dips into oil ones finan-
cial standing at once becomes lubri-
Gated and slides rapidly upward in the
estimation Of the public as distance is
gained from the residence of the one
who does the dipping
Last summer the oil fever took a
grip on number OF residents of Oro-
Vile. The febrileama nifestation devel-
oped upon the receipt of news that a
new oil field had been opened up in
the Cat creek country of Montana, a
section of that state with which w. H.
where a son of Mr.. Barney's owned
considerable land. Mr.. Barney made a
trip into the new fields where all the
evidence points to the presence of
oleaginous wealth, and being convinc-
ed that possibilities of fortunes existed
in the district proceeded to organize a
company for the purpose of securing
territory in the district and entering
actively upon the work of sinking a
we'll. Considerable interest in the ven
ture was aroused in the community
and numerous individuals, all of mod
est means. invested in stock. There
were no Capitalists" putting up cash,
for this was poor mans enterprise,
pooling small sums in one general
pot for the sole aim of getting on the
and by thorough prospecting through
the medium of the drill testing the
ground that the company had been
able to lease.
With the source of revenue depend
| ing on small local sales the company
met with delays in getting started, but
drill was at last placed upon the
ground, in the hands of an expert
driller. and at the present time
that drill is going steadily down into
the bowels of the earth. There is nc
! camOuflage about this claim of active
drilling because the beginning of this
new test has attracted attention in the
district. where the are already some SO
producing wells. The Winnett Mon
tana) Times of June 16 has the follow
| ing reference to the Okanogan well
incidentally referring to the capital
ists". thai occasioned the typing of the
Introductory paragraph to this item;
"This week active drilling commenc'
ed on the Okanogan well spuded in in
the SW IA Sc IA of section 1S-15-31
In L. Barney on whose land the wei
is located. is field manager for the
new company, which is composed OF
capitalists from Oroville, Wash.
"The well is being drilled with a No
4 keystone rig and stub derrick
starting with ten inch hole.
This well will explore an entirely
new field, being a well defined ant
separate structure according to thu
geological reports upon which the mel
hack of the venture are basing theil
Judgment. The first sand will be reach
ed at approximately 1900 feet, wher'
Lit is believed they have an excellen
lchance to secure production.
This extract from the Times encour
lagos the hope that the Oroville com
nanv will win out in their undertak
ing While the test is being made il
what is designated as new field" /
lis only new in the matter of compari
, son as the ground relates to that por
ton of the district in which flowini
wells have been opened. The lease
holds of the Oroville company are i
iuxtaposition to proved ground as oi
has been struck at points only shor
distance away in different direction
from where the Oroville drill is a
work. and the judgment of the com
pany in selecting this ground is oacke
bv the reports of experts. 1t shoul
also encourage the officers and stock
holders to get in and hustle raisin
money to keep the drill going.