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Oil drilling venture seeks investors with low capital stock
A Walnut Springs group announces a lease and turnkey drilling plan in the Duke and Burkburnett fields. They propose to raise stock of about 20 000 dollars or more, plus 5 000 dollars emergency stock, to fund a 45 000 dollar turnkey well and related costs. They promise no promoter stock or agent fees and seek friends to share in profits with minimal risk.
MENTIONED IN THIS ARTICLE
Duke Field
Burkhdurnett
Duke
Burkburnett
Tom Massey
Norman Smith
Walnut Springs
V. M. Sutphen
First National Bank of Meridian
Magnolia
Merriman
Ranger
Warren Wagner
Merriman Baptist Church