Market Gossips On Oil Mergers Involving Mountain And Gulf
Reports from New York indicate a Mountain and Gulf Oil and Elk Basin Petroleum merger collapsed while a Boston Wyoming and Mountain and Gulf consolidation is being drafted. Officers meet with brokerage houses to finalize terms for director approval as lease claims ride the Salt Creek field and stock values show modest activity with Boston Wyoming at 93 cents bid and 1.06 asking, Mountain and Gulf at 1.03 bid and 1.12 ask in New York curb listings.
MENTIONED IN THIS ARTICLE
Williams, HW
Pia
Ask
Western Exploration
Tex
New York
Gard Stocks
Boston-Wyoming
Midwest Refining
Burke
Midwest
Buck Creek
Columbine
Braga P. & Rinsenss
Doming
Mikhorn Te West
Frantz Corpee
Creal West Petroleum
New York Stock Exchange
Flatton Lake
Jupiter Wees
Kinney
Shee Ag
Texas Oi
Mexican Petroleum
Lance Creek Royalty Messes
Lusk Royalty
Ll Sinclair Oi
Ceees
Lusk Petroleum
U. B. Steels
Mountain & Gulf
Mike Henry
Liberty Bonds
Riverton Refining
Royalty & Prod Corp
BEA
Ceswekwana
Sunset Ewes
Tom Bell Royalty
Wind River Refining
Victory Loan
Mountain and Gulf
Elk Basin Company
Mountain and Gulf Oil Company
Elk Basin Consolidated Petroleum Company
Boston-Wyoming Oil Company
Mountain and Gulf Company
Salt Creek
Casper
Boston- Wyoming Company
Department of Interior
Boston-Wyoming Ol
Boston- Wyoming
Rig Removal Planned for Lance Creek Field in Wyoming
Contract awarded to remove forty eight rigs from the Lance Creek oil field to the Salt Creek field north of Casper and to other central Wyoming fields. John Bohler of Casper will oversee the move for Midwest and Western States companies. Idle rigs from an Ohio company will also be transferred to fields in Wyoming where demand is higher.
MENTIONED IN THIS ARTICLE
Lance Creek
Salt Creek
Casper
Wyo
Wyoming
John Bohler
Midwest
Western States
Ohio Company
Alkali Butte oil field sees new development by Midwest and Myrin firms
In Fremont county near Riverton the Inland Oil Refining unit of Continental Oil makes a 10 million foot gas well last fall at Alkali Butte where Cheno Oil has shallow sand production. A Minneapolis syndicate’s operating contract on Cheno holdings moved to Myrin Oil a Sun Oil subsidiary, with a deep test begun on the 400 acre Cheno tract. Midwest Mining acquires half of a northeast quarter in section 26 and plans a center test with Myrin. Leland gas plant on section 1, with related deep wells nearby. additional rigs set to drill on sections in the area.
MENTIONED IN THIS ARTICLE
Emma Walters Oil Company
Wyoming Oil and Coal Company
Myrin Company
Cheno Company
Shannon
Scherer Investment Company
Wall Creek
Alkali Butte
Riverton
Fremont County
Inland Oill Refining Company
Continental Oil Company
Cheno Oil Company
Minneapolis
Cheno Ol
Myrin Ol Company
Sun Ol! Company
Feld
Midwest Metining Companyaw
Oe Scherer Investment Company
Midwert
Garner
Me Gown
Pecetaum Producer Corporation
Midwest Refining Carries Out Walker Hill Oil Test
Midwest Refining signs a contract with Crowley County Oil and Development to conduct a full oil test on the Walker Hill structure spanning southern Lincoln and northern Crowley counties Colorado. Drilling to begin in sixty days with a new standard rig arriving soon. first test in the area.
MENTIONED IN THIS ARTICLE
Midwest Refining Company
Crowley County Oil and Development Company
Walker Hill
Lincoln County
Crowley County
Colorado
Bank of Briere Says Discount Rates Slow Credit Expansion
The National Bank of Briere in New York notes in Commerce Monthly that higher discount rates can curb further borrowing only until the railroad situation improves enough to allow liquidation of commercial and agricultural credits. From May 16 to June 16 the money market remained tense, driven largely by traffic constraints and continued credit strain.
MENTIONED IN THIS ARTICLE
Naonal Bank of Briere
New York
Commerce Monthly
Advance in money lifts but momentum slow in credit relief
The current advance in money and limited improvement in taxation show potential rather than actual release of credit. Traffic conditions will improve slowly while a new crop movement looms. The Wollman Review notes unsettled market ahead of the presidential campaign but sees improved crop outlook and potential rate decisions by the Interstate Commerce Commission.
MENTIONED IN THIS ARTICLE
Wollman Review
W. J. Wollman & Co
New York Stock Exchange
Railway Labor Board
Interstate Commerce Commission
Five Wyoming firms charted stock rises by 7.65 million
Five oil concerns and one auto accessory firm filed to increase Wyoming stock authorized by law. Shoshoni Royalty Oil and Holding, Hawkeye Oil, Penn Petroleum and Refining, Newcastle based Geage Royalty, and Casper’s Wyoming Accessories all added capital, with Larkawannan Shale Products boosting from 1.6 million to 9 million. Directors listed for each firm.
MENTIONED IN THIS ARTICLE
Cheyenne
Wyo
Wyoming Iaw
Secretary of State
Shoshoni Royalty Oil and Holding Company of
Shoshoni
Capital Stock
Claude Allen
W. G. Wey
M. E. Pace
W. L. Preston
R. G. Mathews
W. L. Whitman
R. 8. Linn
William Lyon
B. R. Talbot
Hawkeye Oil Company
Lusk
KR. W. Sayre
W. M. Sayre
M. F. DeBolt
Penn
Roy R. Randall
J. R. Faulkner
J. M. Cornetson
David A. Pakker
L N. Smith
John W. Morgan
Wyoming Accessories Company of
Casper
A. E. Stirrett
Rh. H. Nichols
C. B. Wagner
Larkawannan Shale Products Company
Major Moses Advances and Delivers Commandments
A veteran tale recounted in The American Legion Weekly describes a rookie mocked by peers on a western post. A nocturnal guard encounter leads to a tall figure presenting himself as Major Moses and calling for advancement on the Ten Commandments.
MENTIONED IN THIS ARTICLE
K. P
Moses
Mese
The
American Legion Weekly
Production of Oil Increases in Wyoming Montana and District
Wyoming and Montana are producing about 16 million barrels annually, up from 15,684,000 last year per United States Bureau of Mines figures for April. The district yielded 1,419,000 barrels in April, averaging 43,906 daily, with Wyoming contributing 1,908,000 barrels at 43,492 daily. Through four months in 1920 the district produced 6,014,600 barrels, versus 4,502,000 in 1919, while Colorado and Montana added 8,000 barrels each. The nation’s April output totaled 36,349,000 barrels, and stock levels fell 724,000 from March to April.
MENTIONED IN THIS ARTICLE
Wyoming
Montana
United States Bureau of Mines
Colorado
Rene
The
Apri
Asbestos spun into long etrine lengths noted
A historical note describes asbestos being spun or woven, with an ounce spun into an etrine exceeding a hundred yards in length.
Also Mentioned on This Page
Taylor & Clay
Oil Exchange
Lecal
Grass Creek
Rock Creek
Mule Creek
Blue Prints
Wyoming Map & Blue Print Co
Lyric
Taylor & Clay, Inc
New York Exchange
Chicago
Rocky Mountain Region
Rocky
Ues
Iroetano
Firestone
United ‘States
Earl C. Boyle
North Center Street
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