Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1937-10-16
A NEW DEAL" WEST OF kelvin

Most sensational development of the
last seven years have come in recent
weeks in Kevin-Sunburst field, topped
off with the completion of the Pfabe-
Engleking- Enneberg we'll this week as
the outstanding development of the year.
The Enneberg we'll is located about
midway between Kevin-Sunburst field
proper and Cut Bank oil field. 1t is
three miles west of the nearest produc-
ing well in the west Kelvin high gravity
pool, known as the RimrOck pool Since
it had the largest initial production of
any we'll completed in all OF Kevin-Sun-
burst this year, it is equal to the dis
covery of a new oil field
The Enneberg well opens up a district
from which there has been no Loss OF
rock pressure. There is reason to expect
that there is a considerable pool and it
Is not impossible that even larger wells
than the discovery well will be drilled.
Ever since we recognized the fact that
there was a pool of high gravity oil in
the Rimrock district, we have been buy
ing all the low-priced royalties we could
get. Our members have royalties cover
ing more than a thousand acres within
the proven area of the high gravity pool
Included is a royalty on two tracts be-
tween the Enneberg and the Rimrock
producers. One of these tracts, of 100
acres, is under lease to the Fifty-Six
OGORCuHA COAPOEdUOus Wul%A must QFlll
two offsets to the discovery well on our
royalty property. One of the two is
now rigging up on the north. The
second offset is TO the east
Fhty-Six is the states foremost indie
pendent operator, having the greatest
dividend record of any Montana oil com
pany. 1t was started in the early days
Of Cat Creek by a group of Miles City
men. They formed a syndicate of Sc
units, at $3.50 per unit They took a
lease ON the Richard hide farm in Cat
Creek and drilled out just 40 acres. This
tract produced millions of dollars worth
of oil and the company paid out millions
in dividends, largely as the result OF care
full and efficient management
The Importance of this latter element
was demonstrated when the company
entered KeviD-Sunburst field While
many other operators failed, Fffty-Six
Petroleum built up a highly profitable
operation and continued its program of
dividends after it's Cat Creek property
was in decline Fffty-Six has been in
active for about eight years, other than
the maintenance and acidization of its
wells. Displaying the same brand of fore
sight Cor intuition) that marked the ear
Tier operations, this company moved in
to the extreme west end of the Rimrock
pool and took the lease referred to provid-
ing some bottom hole money" for the
uiAlAth5 VI the IudDt q EHBlekluB well
which served to prove up the Fifty-six
acreage.
Now that the Enneberg we'll is a pro-
Queer the Fifty-six appears to again be
on it's way for a new dividend record, for
with wells and acreage surrounding the
we'll on two sides, there is lit
tie chance that Fifty-six will not be the
holder of the lions share In Cat Creek
1t had 40 acres of producing land and
established the greatest dividend record
n the history of the state. In Kevin-Sun-
burst, a field of 100000 acres, Fifty-six
lad but 200 acres and again was highly
in drilling a total of AZ wells.
Accordingly, 12O acres will again provide
his company with a unit that can be
made very profitable in this new, I'M
Trained pool.