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Texas Oil Ledger Newspaper Archive: October 30, 1920 - Page 1

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Publication: Texas Oil Ledger

Location: Fort Worth, Texas

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   Texas Oil Ledger (Newspaper) - October 30, 1920, Fort Worth, Texas                              T rL i10 V iV f f r I n 1 1 V p if i i I I rv v I F J F V f 1 f J ntiSualfActivity Shown This Season arid No Let Up for Winter H WED PRODUCTS IS FAST FALLING OFF t r K I L I I i 1 I F P F H for 5 Closfer Co 1 h operation Between I H L ttC 1 r nl to Tezti Oil t f t T oil f L swinging into Its This yeaivhow this season Is In that will be Jetup In programs and extensive deveJ bpment which have been by ambitious Kansas oper and winter ordinarily make a decided decrease in work and conse quently In resultsto show In completed Such does not appear to be the cose The significance IH thatKansas is in better Hie of healthy petroleum commerce than ever rpaiatjweek has seen some Jm 6ccurencQ3 but the Important ofall has come angleot the rather than producing prinwrlly a produclnfir Is faced by somethingset Inthe shape of the falling off fii the refined products mar Is this tendency for which the were demandall the prediction a few months consider winter Increasing use of and the pulling away atthe limited of pe troleum Rentier and Get The and with hi rthe have to ahave off thejcorriers a Jlttle more but bringing out strongly than ever the close relationship whlqh must exist The big Kansas refiners are not looking for much trouble from In1 the producing outside or admitted leadership of Marlon St V1 Chautuaqua and Greenwood are showing unexpected have seen wells com of unusual pro portions in the last In the Empire hon eted 1 Elrodat 2425 feet in far removed from ousev Valley 1 Smith Is a V good rwith several teste starting i i m ifL t On the CroUloy lease ft south of fair show i been but drilled In the southern part of the the Philips Petroleum Oontinuw to bring In good Fall City There is a great future in store for ntiofct operators They are play ing to findthe Marlarjd sanl aouthern Fifty A good number of scouts and oper ators are loolclng toward Elk County as the in of major There are now 50 pro ducers in tne central eastern shallow the with a number of now being drilled to u to fiud the sand production found sand In the new National ReflnirtE and Trees Brothers tho western part of tho Refining Company lias 1 Arbucklo just for a 300barrol y good tho Hyde miles further The two will npw pay ln spite of anumber holefl which been drilled m M Ohautauciuafsome holeshave ijillllecl northernpai1 of butfthls has retarded It Is abouttime f or tests around their to V i 4 i n v best wonjin tho in Moffett McDonald I in have a small have arry Peru a good Q 1n 1734 pool Berry the Pen 4 unr Teter The dlptrlct an unknown Beaumont district may quito a the 6unty Be veral f good v eastern Butler BlariKen and weyare getting many Coverfetleld ati producinff echel new f Wn prad f v I r Is planning BQYQn Ijs j ft the MVf ijd than anfl haa produced njprje MK8 AI V 2 weDs putting oil into the pipe 1 well being equipped for produc tion in Northwtet BurkWaggo m m f n J ft 9 VI1 ner fields 1 well to be rushed to completion in Breckcnridge wonder field 40 shallow progiam under way iii Brown r r ent j i j October 1920 j 1 9r I V i GHEGKS WERE MAILED TO STOCKHOLDERS OF FOR TEN PER CENT EARNINGS ON THE COMPANYS OUTSTANDING I Proven leases ready to drill Choice proven and speculative leases checkerboarded in other A wide experienced de partment to make money for you in leases as well as STOCK AS OF THAT DATE 1 r J Dividend Nailed HIS ANNOUNCEMENT is in response fro the numerous in quhles by the patch Petroleum asking three questions i Will Dispatch follow its Octo her 10 percent dividend with 1 another profit distribution in November Is any change in the T Dispatch Companys to rush a well to completion in Breckenridge proven field oh the 10acre lease Can Dispatch Petroleum Company stock still be purchased at par and will it share in the next HERE ARE THE ANSWERS r The Dispatch Petroleum Company will pay its next dividend on November There has been no change in the companys Breckenridge is the wonder field of the country and Dispatch intends to makie a fortune You can get Dispatch Petroleum Company stock at par Ten Dollars per share by check to reach the Company any bjesf ore the available stock is or withdrawn from the market Stbckhorders record Nov 1920ryill share in Developments continue highly favorable to the Dispatch Pe trbleum Prospects were never The Com panys lease and showing results that increase the dividend drilling department is duction department is keeping the oil going into the pipe The president of the company has just returned from an important trip to the Breckenvidge and West Columbia This trip means suc cess for the Watch for the Present indications make the Dispatch management confident that income from stocksubscriptions and the companys activities will be sufficient in the next two to guarantee a 24hoursaday schedule on the entire Dispatch development Tnis means that those who do buy Dispatch Petroleum Company stock at par 16 may not have the opportunity of doing it Dont let the election excitement this week stand between you and this lifetime No matter who is elected oil always be king in the investment The man witha dividqndpaying oil investment does not have to worry about critical times andpolitical defeats and administration The wbrldmust whether the country is Democratic or gets the is a winnerl Join us in this prbfitpaying enterprise wliile you WHY DO YOy INVEST IN OIL SPECULATION Investors who into oil have onoldoa maXe that earn more In this Dispatch tho wise Investor hasa better chance to this than In perhaps anyother single investment boinjgroffered i S v ThorearB two waysto nnake monoy in tho oil Ono is and conservative oporatlori medium shallow Dwells in fields1 Such operation ABSOLUTELY INSURES moderate 6ut other TAKLNTUA CHANCE In deeper adeep Is drJUed a proven flbld the risk of lta dry hole la always more uncortaln and consequently retwcna wjjori the drill It a cojnpohy could combine these METHODS OF IN with lioneat and efficient management a Dividend 1 baaia RtOHT NOW would It not be the 1 think v Tnat is why wenavo organised tWa company aswe That Is why wo bellovo that Pfitroleurn IDEJAti tt have two In a medium shaUbw other wells lii similar leases against any future boihgniade to Breckenridge1 acreage thaishould certainly get gusher since rip drill yet that andnrinowncemont vyoej second to bo f The Dispatch Petroleum Companys operations nf nQtllmlted to tho grilling And thp The company 1st trade In anrfthroujli 1U department the expects rconfrlbute UAQ QiTrrFQQcin MFfi AT HPIM IlAa ndLiIW L 1920 I Dispatch will make its Thanksgiving distribution of earnings to stockholders on that All stock subscribed prior to will participate in this BRECKENRIDGE BECKONS FORTUNE IS WAITING I S pf this well Identified wjtli oil banking leadijrsMnt tho iTlfit la puaraiiteo of Its namo of Oakca Tpcognlised five million oil Cakes surrounded himself menTwlio are perhaps the boet known highly reapocttdmen In bankerand areyvDpttjdoperator and banker and others prominent In oil The same 0 u M i t I j 1 J I 1 L t rL i it rl V v r r t l t i ti OPERATING IN PROVEN FIELDS i i i li i 11 Ml fs i Dispatch Holdings Besides tho Dispatch well To be rushed to tho sandIn tho heart of tho Breckenrldrfo note tho companys proven leases and speculative properties which are be hind the Dispatch dividend guarantee to Its TWO WELLS PRODUCING Our Is from two One of those Is in Block Northwest Waffgoncr Wichita The other is tho 2 well on a rich lease In Brown Coun ty Both are putting oil Into the pipe Both of these wella arc making what Is known settled That they can bo tixpcctcd to keep up this present production for possibly for They can bo de ponded upon tp put the same amount of oil In tho pipe linestomorrow as they do i 3 READY TO COMPLETE Our 3 well Is on tho famous Tldwoll Block Northwest This well is now prrictlcally on tho sand and ready for Tho casing Is Standard rig ta on the Engine rondy to connect tnnkapre nnd equipment are on tho Plpo line companies are ready to con nect tho woll nnd take the This woll Is in tho vlchcsi part of this section of the and surrounded by settled producers which cam in originally from one to two years ago at to barrels per Wo expect our 3 to bo a settled producer BO to 100 barrels per WELL companys plans to to tho sand tho Dspatch 4 well on ton acres In tho Brocken field are more fully outlined on this Tho company ha been ottered other valuable leases In exchange for Dispatch stock and we expect to increase our Brockonrldgo holdings at In this 40 LEASE PROGRAM The Dispatch Petroleum Companyhaa a loaae on 138 acres in the proven shallow field In Brown in conjunction with the mter Arrangements are now beng madeto drill up entire This should glvo us at least 40 shallow wells and should make new pro duction of from 800 to barrels of oil a day from this louse Pipe Knbs are connected up with tho ono woll wo now producing on this leaae and our oil will bo well taken caro PRO YEN LEASES y We Imvo three leases In the OnothUd McAdooOakeaBhaffor 10acre block Kemp Wichita The wonderpool well la practically an offset to nnrt tho Oulf and other wella are cloae 25 block Houthwest part This leaao Isnear tho Dundee Oil Oas and other producing and TrllJlne in this part of tho It Isupon pivrt df thlajeaflo that we aranow nogo for L well L r BO abstract Arohor Just narowUhfi lino from Wichita County and lit the southern part of Thia IH pundee wells and others alfto have a lease on 15 acraa In Red Rlvordlatrlpt of Wlchltft Htiown aa tho of Nprthweat Extension o J In addition to theao the pla patch Pptrolouni has i ment 1 checkorboardqd near wellB Wllbftrger County Young County JJctoyws Theae proportios wore while was has hlffh spcculfttlve now in oxceaatpf Its prglnal We propose to this acreage until we can drill oftaotirto producing being our policy always to operate only In proven MAKE YOUR IDLE DOLLARS DO Vou womunand incn thfomrhput the wlip umopv tM who o the rftt paint and inofer or WJMCe1 durliiK last two and shot ai a MIWnflr STOAiqilT Da ftrwf to you want to Vv r The Dispatch Companys Presi dent is spending much of his time in Breckenridge looking after the Companys The newest developments there confirm our greatest expectations Big ers are being brought in almost There are no dry Oil is flowing from every hole that has been drilled io the Brecken ridge Fortunes are being made Big capital is rushing with eager Big companies are operating on all The independent companies are operating right along with the big Theres plenty of oil and plenty of the Dispatch Petroleum Companys well in the Breck enridge field is just as certain to be a five barrel per day producer as the Texas or Gulf Company well near Breckenridge operators are strong forthe Dispatch Com They belibve in the Dispatch its management and its prospects for big Our present holdings appeal to Breckenriclge lease owners are offering their golden leases in the wonder field in exchange for Dispatch Petroleum Company They areconfident that the stock will be worth more than money when Dispatch gets its first gusher in the Breckenridge H We believe The Dispatch management is putting its reputation and energies and resources into a campaign that will give the stockholders a in the Breckenridge field that will make their dreams come How CAN you loso When you put your money into Dispatch you get a dividendpaying backed right now by producing oil wells and valu able They arc under efficient management bv reliable But that is only half the The other half The Dispatch Petroleum Company intends to have a milliondollar oil well in the Hveckcnridge How quick we can get it rushed to comple tion depends on how qiiick you send in your part The quicker tho tho faster the and the sooner tho gufhcr and the million dollars to pay back in Your one hundred or five hundred dollars would mean a lot to US right It may mean thousands to YOU sixty clays from now I Send it in and let it work for you the rest of your THE DISPATCH POLICY It Is the purpose of tho Dispatch Potroloum Company to make monoy for the Experience has shown that tho companies paying the prolltH are those with nctWe land and leasing working In cooperation with tho development and producing DlHpatqnv atooUholdorn Imvo tho advantage of this profitmaking As fortunes have been made In active lease trading as In tho actual production of The Dispatch manafioment can bo depended upon to maintain its land Tftalty business in connection with tho companys production depart The milure of many companies can be traced to their limitation to drilling wellB on thoir and shutting their eyes to largo opportunities for profit In legitimate Tho Dispatch Petroleum Companys policy Is to take a Oil wcllfl will bb drilled and It is the main purpose of the company to drill and develop proven oil properties to tho end of securing Bands of barrels of oil flowing Into the plpo linen good money Into the dividend fund for regular distribution to thff It also tho aim of tho management to advantage of any legitimate opportunity leaso or contract on oil both proven ant SO LONG AS SUCH TRANSACTIONS CAN DE MADE TO SUB The Dispatch Company may own a certain tcano 0r or oil well today and not own It next But the Dispatch Companys nio ment Intends to show a profit made or a dividend paid on 1 or contract Two alma are outstanding In the pati CompnnyH plans 1 TO MAKE MONEY FOR THE CM TO PROTECT TOR STOCKHOLDER AQAINBT ANY TOSSlBlLlp With tricHO purposes the stockholder Is given tho Ideal inYOfttnv A MESSAGE FOR YOU ThlH Is an important message for any man who may be Interested ft putting a small amount of hlH monoy4 into a partnership with a nmull group businosa nich of highest v Tho ontorprlHo In ptiylng All monoy lnvoHted7Wln of It the companys properties now valued at more than a hundred Contfa OM ovory dollar of the companys and the efficient mruiafcremeritj ot oxporl pnccd and The present status of the1 company IB that of a Aten por cent cash dividend was a t Thofuture of the proposition promlBes cnormouH profttii lor ro In It IH posslblo for hundrud dollar iay from ono thousand to ftvo thounund dollarH In Tho company plans for realising a large fprtifno by quick development in proven flpldBl Additional monoy IH Vou become a prorntapartner with no In this email by putting your monoy Into tho and you not only Bhard In tho n but havQ a protrnta Interowt to your hqldlnKH ftnd cllyfdand paying intoroatfl ovnod fthd oporhted Roud paso carefully Inyeatlimto the thq Convlncb ypvirsolf that this 1ft ono oil Invfe tho investor ftgalnst loserand offers quickaq profits Then wlro or mail your and Bend your i i A 1 vnlimble tho ho character of thnt paya tor wnormoiw for much ao you can handle of thin dlvldondpaylnir onportumty DISPATCH WkhlU EnoJoKd find for which Mntl your company at flO pni1 I underitnnd to anil fnrcvei1 I ibaro ami future nereauo and holdtntfi of cam puny In T of In fully M I A i 4 T i K RIGHT RE8EBVED T KETURN h i lit V i r s 3 f I r P T h M i i 1 hi F rh 1   

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