The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1922-10-13
BRIGHT REPORT
FROM CAT CREEK
OrOville-Ok OkanOgan OIL Company Has
One Of the Best Located Leases
h the District

Fred Ludolph, wno has had charge
! OF the oil drilling operations on the
property of the Oroville- e-Okanogan Oil
Montana, returned home Monday, hay-
ing closed down work for the present
Not because there Is any lack of pT3ln-
ise Of important results with a further
continuation Of drilling, but because
the spring from which water is OBJ
tanned, and which is absolutely neces-
sary in large quantities when drilling
is carried on, has gone dry tempor-
arily. Other companies are supplied
with water by the barrel, which Is
hauled from long distances at heavy
cost to the operators, and Mr.. Ludolph
did not feel that he was justified n
going to the extra expense at TINS time
particularly because the funds Of the
company are short but more particu-
larly because the spring will De run
ming at full volume in the early spring
when work can be again started up
without additional cost for water.
Mr. Ludolph comes home more
strongly convinced than ever that the
local company has cue OF the best
prospects in the entire district. and
his conviction is based upon the 10
cation of the property and ne geo.
logical formation, which is similar 10
that where producing wells Lave al
ready come in. Not only Is the location
and the formation favorable but the
claims, or leased land, held by the
company are in close touch with land
upon which producing wells have been
sunk. Not only one, but several wells
are situated only short distance
from where the Oroville-Okanogan
cmpany has one Of the best situa ated
leases in the district.
About the average depth at which
| oil mas been encountered in this fav-
ored district, which promises to be
one Of the most important oil produc-
ing sections Of the country, is 1000
feet. Mr.. Ludolph has his we'll down
1885, feet with the drill. = working
smoothly with casing and wood suffi-
cient to sink to the 1000 foot level.
The members of the company, which
mostly includes residents of Orovil!e
and the immediate vicinity, will pro-
ceed to raise sufficient money to con.
tinuue drilling until oil is reached, for
every stockholder feels satisfied that
reaching oil is only question Of 60.
ing after it.
The Oroville-Okanogan Oil company
is not wild cat 0i, proposition. Il ia
made up largely Of residents of Orc.
Vile, men of small means who have
gone into the enterprise IN good faith,
have put up their own money and pro-
pose to put up more in order that thu
project may be carried out to sue
cesful end. No single individual IS
benefitting from the sale of stock.
There are no expensive offices. There
are no high salaried officials. Every
dollar raised goes directly into devel-
opment. Every oil well drilled is not
producer, although almost every
we'll in Cat Creek has brought in oil,
but the prospects of this local COM
pany are SO bright that those inter-
ested feel justified in putting in more
money. 1t is a chance, and not long
chance, to clean up handsomely on a
small investment. II it wins, those who
have taken those chances will be re-
paid many times over for what they
have invested. If 1t fails no one will
lose great sum, for the amount
necessary to prove the we'll is COM
paratively small and divided up among
numerous stockholders no single in
dividual is going to be severely stung.