Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1938-04-16

time than in any previous period in the
history of the industry.
Thereafter comes deep sand production.
The tract which is today considered dis
proven and the royalties therefore worth
little, may at some future time be one
of the most valuable in the field Deep
drilling is coming as certainly as day
follows night.
We have in our office some samples
of oil taken from the well which proves
that there is deep oil in Kevin-Sunburst.
These bottles contain oil from the Frazer
Rice deep test in Section 17-35-1W. When
a new member visits the office and the
discussion turns to deep test possibilities
we always hand him these bottles and
ask him to hold them in his hands
This may be all the Deyonian oil that
ever was present in the vast Sweetgrass
Arch, and especially in Kevin-Sunburst
field we tell him, adding but we
think there is some more. Oil does not
occur in bottlesful or mere barrelsful
but in POOLS. Until more deep wells
are drilled, we will continue to believe
that the real future of Kevin-Sunburst
field lays like the great Midcontinent
fields, BELOW THE BIG LIME
We cannot imagine why Montanan
should look elsewhere for investments,
so long as we can buy good title land
owners royalties at the prices we have
heen paying during the past few months.
The speculative possibilities, through i'm
proved methods of production, and
through the possibility of discovery of
deeper producing horizons, are such that
Montana oil lands are certainly increas-
ing in .value, despite. the temporary mar
ket congestion of the present year The
market situation. when there is anything
so valuable as oil, always straightens
itself out. There is every reason to
believe that oil is going to become more
and more valuable in the future.
1t would have taken lot OF courage
for man to have bought royalties on the
Miller farm back in 1914 and greater
courage to have held onto them, but
when we find this random spot again in
the possible oil area of the great West
Kelvin field, we realize that P. T. Bar
mum, the great practical joker. real
understood human nature when he said;
"If the fact could be definitely deter
mined, I think it would be discovered
that in this wide-awake' country there
are more persons humbugged by beliey-
ing too little than by believing too much
A Montanan cannot go far wrong if
he will buy Montana oil royalties, bas-
ing his investment an good geology and,
of course perfect title. The other fac
tors will come; perhaps over night and
perhaps over a period or years, but the
investment can be made basicly sound
by spreading over a wide area of prob
able oil land. The man who buys one
royalty and waits to have fortune over
take him may get rich in that manner,
but success is most likely to come to the
man who adopts a program of syste-
matte royalty buying, to cover as much
probable oil lands as he can at a low
per-acre-point investment.
The members of this organization who
have been most successful have followed
this practice. We are urging upon our
members the rule of the law of aver
ages" in royalty purchases in the new
midway area between Kelvin and Cut
Bank. There is unquestionably some oil
in this area. The greatest accumulation
may be on the north slope it may be
on the "high" and it may be on the
south slope of the nose" which unmis-
takably exists and in which the presence
of high gravity oil is established. The
operators are going to find it by drilling
wells The royalty investor can do no
better than to have royalties on the two
slopes and on the high" to be sure of
participation, when the main pool is
opened up.
Any who is interested in investigating
the West Kevin-Midway situation may
write for and receive current publications:
We issued a bulletin this week contain
ing some last-minute news of importance