Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1942-11-21

Continuing quotation from the Cole re-
port: When peace comes, Alaska would af-
ford an outlet for the hundreds Of thou
sands of restless spirits who viii be dis
charged from our armed forces and who
will with great difficulty, settle back into
their hum-drum civilian pursuits where they
left off"
Congressman Cole based this statement on
his knowledge that Alaska is the greatest
land of opportunity on the continent It is a
greatly misunderstood country. Winters in
Juneau are milder than those in Montana
Sitka is warmer than Atlantic City 1t is an
excellent climate where the japanese cur
rent Cor viii the name be changed to the
Victory current) warns the coast as far in
land as the mountains There Is more
arabic farm land in Alaska than in Fin
land and Sweden combined and twice the
total area. 1t has more farming and graz
ing land than Nebraska and Kansas COM
bined At present there are only 10000 per-
sons comprising its total population as
against 100000 in Sweden and Finland,
which have less resources 1t goes without
saying that Alaska is great storehouse of
gold, silver, copper, tin, chrome, anthony,
platinum, mercury and other metals.
The road as a military highway makes
EdIDdIlkS only OU uOuIS away as dBdlDSI
five days away at present by water travel
The same condition will obtain in peace
times. The Alcan highway viii be widened
into one of the greatest highways in the
world, to carry on peacetime enterprise
which will require all the gasoline that both
Alberta and Montana oil fields can produce.
1t is indeed wonderful outlook and a
wonderful opportunity for Montana oil
OF &c xryl10
drained oil land or potential oil land in
Montana. Montana is one Of the few states
where there remain pioneer opportunities.
Montana has before it not only the great
opportunity of permanent market expan-
sion with no danger of competition from
any other oil fields, owing to great dis
tances but Montana has before it the era
of deeper drilling when the lower forma-
tions-the Turner Valley horizon Of Mad
ison lime and the Fort Norman horizon Of
the Devonian Imes-will produce We can
believe that what has happened in other oil
producing states will be repeated in Mon
tana. Accordingly, we can expect the great
est production from deeper drilling, as at
tested by the Reagan discovery well on Twin
Rivers fold northwest of Cut Bank oil
field That well is the deepest lime produc-
ing well In the State Of Montana and it
is producing from a lower horizon than
any other well in the State Yet the depth
If that well in the State Yet the depth
great oil producing states no well is deep"
unless it is more than 10000 feet
Montana's deep drilling win be cheap as
with that Of other oil producing
states since the probabilities are that there
will be few wells as much as 10000 feet
ieep. Sweetgrass Arch fields such as Kelvin,
sondera, Bannatyne and Cut Bank win have
0evonian horizons at from $500 to 5000
eet.
The man who owns oil land or royalty
hereon may rest assured that the future
lolds far greater promise than the past
which is true of few areas Of which we
now at present
Persons interested in investment in po-
entail oil lands or in landowners royalties
re invited to get in touch with US.