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Newspaper
Cheyenne State Leader
Location
Cheyenne, Wyoming, United States of America
Date
Oct 02, 1917
Page
14
A bold notice from a well financed oil company states six months of activity in Wyoming includes twenty five domes with high potential. It claims ninety percent of fields mapped are wildcat sites, with twenty percent now proven and producing commercially. The firm says it has deployed experts to locate proven, well located properties and plans swift expansion into production.
Big Hollow acreage shows strong production potential with a rig en route from Frane ton to start drilling. Wyoming Apex reports a new well delivering 125 barrels without Velmg shot and expected to rise, with continuous efforts proving the field commercially profitable.
The note states plans to extend drilling at Muddy sands with confidence in oil. a rig is to be set up within days. Ack Adem Schilling Strendler and team discuss securing the lease and advancing work, with local crew ready to move forward.
The piece notes excellent geology at Thermoplia Cosh Creek and adjacent properties. Much drilling is ongoing near Thermopolis, where an oil reputed to yield 11000 barrels was found two weeks ago. The author mentions 640 acres near government withdrawal and plans for rigs soon.
The officers and directors of the company are Denver men with reputations that reassure investors about honesty and management efficiency. Heaton as President and GM, Cillesce as Vice President and General Counsel, Barker in advertising, and several prominent Denver directors are highlighted. The note claims intrinsic value from Kansas holdings, treasury capitalization, zero salaries for leaders, and a call to judge the honesty of the statement and join the enterprise.
A promotional notice urges investors to buy oil stock now citing Wind River and Salt Creek holdings. It claims imminent drilling, a new 2000 acre expansion, and ties to Wind River Petroleum with calls to watch prices and stock value rise.
In a compact brief, four individuals are named in connection with a local matter. The entry lists T. J. bHornedy, J. A. Pruitt, Major Parker, and Frank Walters as key persons involved. further details are not provided in the readable text.
Aggressive notice offering monthly payments and investment terms for subscriptions. Promises cash with order for under 260 shares and credit terms of one third cash one third 50 days and one third 60 days for larger amounts.
The Montgomery County property sits among producing wells with nearby pipe railroads and power lines. Two wells now yield 26 barrels each selling at 2 dollars per barrel. Contracts are let for full capacity and the superintendent says 50 wells can be supported, boosting stock value over one dollar per share.
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