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Anaconda Standard in Anaconda, Montana

08 Dec 1915

Page 15

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Anaconda Standard December 8, 1915 Page 15 old newspaper archives

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Newspaper

Anaconda Standard

Location

Anaconda, Montana, United States of America

Date

Dec 08, 1915

Page

15

National Oil begins Beaverhead drilling amid shale estimates

National Oil company moves ahead with first well in Beaverhead county amid expectations of oil sand at 900 feet. Company controls 4,480 acres with 40 million tons of shale averaging 20 gallons per ton. Investors urged to buy at 55 cents, potential rise to 2.50 to 3 per share if oil is found.

MENTIONED IN THIS ARTICLE

National Oil Company Beaverhead County Scotland Wyoming Montana Ee Butte Mont National
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National Oil Plans Shale Plant For 500 Tons Daily Start

National Oil aims to install a plant capable of treating 500 tons of oil shale per day as a starter for a 2 000 ton facility, to be erected when finances permit. If the current well yields, a reduction plant on share deposits becomes easier to install. The treasury stock price offers speculative value and attracts investors seeking gains. The potential shale reserves promise dividends even without a flowing well.

MENTIONED IN THIS ARTICLE

National Oil Treasury
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Also Mentioned on This Page

Butte Earth A. C. Sandberg James H. MacKay Dillon W. T. George Dillon, Mont A. L. Stone State Bank Otto C. Gosman Lima John S. Wulf Alexander Walker Butte, Mont O1l Company East Broadway P. O. Box OIL Company Signed Street
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