Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1941-01-11

per acre on the William Byrne farm,
and lived to see these royalties pay
$40, 000-we are the ones who have
some little conception of what the flu
ture holds.
Many of these things we cannot be
sure we know. As an example, we have
had in our possession for IL years cop
les of the Fred X. Houston map of West
Kelvin. Houston was employed by some
Canadians who had holdings in West
Kelvin. He drew a map for them that
was worth to them a million dollars, had
they but known; But to thenl-and to
us-this map was merely some contour
lines on a topographic sheet, with da-
Ia on the dip of ghale beds.
Today we recognize that map as some
thing of great price. Every well drilled
in the area has served to confirm that
map. thus far. The map showed struc-
ture and not oil, but the oil is in the
structure constituting the great high grav-
ity pool. We will shortly see HOustOn's
map put to the test by the drilling of
the High Gravity Production company
test on the west rimrOck, beyond pres
ent production in this pool. We are in
formed that the formations are checking
ont the Houston contours within few
feet, in which case it Is very likely that
more high gravity oil will be found in
this highly profitable area.
The contours have been known all
these years. The oil has been there all
these years 1t is a matter of DRILL
ING.
Possibly the next oil field in Mon
tana will be the Signal Butte, which has
the necessary geological conditions to
make an oil field almost a certainty.
However, there are dry holes in the CEN
ter of the greatest oil pools in the
world. and the first well on Signal Butte
can easily miss production. Yet if Sig
nal Butte is a great oil field, the inn
pOrtant lacking element is DRILLING.
As certain as two and two makes
four, 1t should be possible for an invest
or to make money in MOntana-mOre
money here than anywhere else, because
the lack of a boom gives buyers mar
ket at all times.
If we consider geological conditions as
the first 1.-TWO" and drilling as the Sec
Ond two, resulting in ''fOur'' which
is OIL production, then we should be able
TO buy royalties IN ADVANCE OF THE
DRILL, with fair certainty of success.
We know that If the first factor is pres
ent. the second factor, drilling, will
come.
1t is the business of this organization
to compile data for the guidance of i'm
vestOrs. The members of this Organiza-
ton have had in their possession for
more than year past a complete vol
ume of information on Signal Butte
structure, an example. Included in
THIS one valuable publication are six
geological reports, market survey, and
a layman's discussion of the geological
conditions and the possibilities of accu-
mutation of oil, together with adequate
illustrations and a map.
Such information is of tremendous
value to anyone who knows how to use
it. We completed our buying on Signal
Butte last year. The drilling of the well
on Signal Butte will cause royalty prices
to go up. Persons who do not have the
advantage of membership with us will
possibly pay fancy prices for their roy
aIties The members of this organization
own royalties bought more cheaply than
royalties we bought in the early days
of Kelvin field. Our royalties were so
chosen that If there are Baker, Howling
and Byrne farms on this structure, we
are very likely to participate in the
millions of dollars that such production
will pay in the future.
ANY who desires to avail himself OF
the services of this organization Is IN
vited to do so.