Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-09-04
Information Worth A Fortune

spectacular than any of the wells in the
main Cut Bank field.
An offset north of this well apparent
Iy crossed a fault for it produced water
without a sign of oil. That halted the de-
velOpment of the north area. We bought
a number Of royalties at that time. Those
north of the jacobson discovery well we
charged off as loss. Now comes the
drilling of a well northwest of the JAG
OLSON, which may serve to prove up our
Iowest-price 'tOutsides rOyaIties-which
shows that you can never tell what
may happen in an oil field.
HOME WE'LL DRILLING
The well referred to as now drilling
is the Home Oil well, on the Canadian
side, on which DIR. Sardeson, highly rat
ed Canadian geOlOgist, has determined
nose, and the log of the well thus far
proves that he is right. If this well gets
oil, then we know enough of the geology
to know the Iimitless possibilities of the
area. In any event it Is exceedingly
important well because 1t will give price
less geological information.
That the seacOast extends through this
area from the Border pool, southwest
ward to the jacobson discovery well and
ON sOuthwestward to the Lander gushers
goes without saying. It is only reasonable.
But Just what the shape of the ancient
seacOast may have taken in that swing of
20 miles, only the drill can tell.
FOUR DEFINED NOSES
The Lander gushers, located ON the
northwest those" give some idea what
may come from the development of other
moses" ON the north flank, not count
ing the Border field. We have bought
ROYALTIES on all of them one by one. We
have paid less than half what we paid for
our average royalties in main Cut Bank
field. We have done this by hiding our
time, carrying out carefully planned
program.
We have failed to answer one import
ant question. 1t Is: WHY ARE THE
FLOWING WELLS ON THE NORTH2
The answer is simple THE COIhEC-
TI0N OF OIL is FROM THE NORTH.
This is an axiom built up not only
by theory of geolOgists but by actual
production history In the Sweetgrass
Arch. The north slope of Kevin-Sunburst
is productive of oil. The south slope pro-
duces gas or is dry. The north slope OF
POndera produces oil for a long distance
northward. The south side of the field
does not produce. Government and other
biologists are agreed that the accumulate
tiOn of oil is from the north and like
wise the hydrOstatics which provide the
pressure to give flowing wells.
Two wells will be drilled in the imme-
date future TO give more exact facts
with regard to the one remaining factor:
sa nd conditions. These wells coupled
with present well records will serve to
give a very good picture OF the EARLY
CretaceOus seacOast on which the Cut
Bank sand was laid down.
Any who wishes now TO follow in our
footsteps may do so but we are certain
that they viii pay lot more for their
royalties than we have paid. We believe
that there is a lot of money to be made
through intelligent royalty investments
in this district. Those who have not
participated with us in this buying pro-
gram should watch this coming develop
ment to measure the accuracy Of our con-
cIusiOns ANY who is interested I'm re-
ceiving our bulletin service ON the dis
trict should apply by sending in the at
tached coupon.