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Clifton Record in Clifton, Texas

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Clifton Record

Location

Clifton, Texas, United States of America

Date

Feb 14, 1919

Page

18

Holdings Plan Drilling On Six Comanche Oil Leases

The Comanche Home Oil Company holds six tracts totaling 435 acres around Comanche County. The first well targets tract one near the Duke Knowles field, with other tracts in Hamilton, Rising Star, Sipe Springs, and areas between known wells. Drilling plans emphasize favorable positions and proximity to existing productive wells.

Comanche Home Oil Company Comanche County Duke- Knowles Phoenix Duke Duke-Knowles M. McKinney J. H. Henderson Comanche Oil Association J. M. Harris Maxwell Texas Company Rising Star T. M. Edwards Hamilton County Epps D. Payne Sipe Springs el. Cook James Farmer

Our Officers J M Hickey and G M Shelton Named

Our President J M Hickey of Comanche Texas is an oil man with wide experience in Burkburnett and Mid-Texas fields. He helped pioneer the Ranger field and was secretary and treasurer of the Peas River Oil Company. G M Shelton of Cisco Texas is secretary. Morgan E Hall of Comanche Texas is treasurer and former Comanche County tax assessor.

J. M. Hickey Comanche Texas Burkburnett Field Mid-Texas Ranger Peas River Oil Company G. M. Shelton Cisco Morgan E. Hall Comanche County

Trustees Named From Comanche and Moran Trust Company

Our trustees include J F Tate of Comanche wholesale and retail merchant, W D Nunn of Moran early Burkburnett prospecting leader, and Morgan E Hall of Comanche. They vow a square deal to stockholders and efficient management of the company’s affairs.

J. F. Tate Comanche Texas W. D. Nunn Moran Burkburnett Morgan E. Hall

Comanche Home Oil Company Share Issuance Notice

Comanche Texas forms notice on issuance of shares in the Comanche Home Oil Company. Shares with a par value of 1.00 are fully paid and nonassessable. Ownership specifics and allotment details to be issued to interested parties in Comanche County.

STOGE Comanche Home Oil Company

Comanche Home Oil Company Plans Dividend Driven Drilling

The Comanche Home Oil Company pledges to drill at least one well on its acreage near the Duke Knowles well, with 75 percent of net oil proceeds to stockholders as monthly dividends and 25 percent reinvested in development. Trustees are noted for honest, economical leadership, and holdings include prime acreage in Comanche County near existing wells to protect shareholder interests if production starts.

Comanche Home Oil Company Duke Knowles Comanche County

Comanche Home Oil Company Formed To Drill In Duke Knowles Field

The Comanche Home Oil Company organized to drill on prime holdings in the Duke Knowles area. Capitalized at 125000 to purchase and drill, the firm aims to protect stockholders as new fields emerge and production grows. Public shares offered at par with urging careful investigation.

Comanche County Comanche Home Oil Company Duke-Knowles Landa Upan

What a 300 500 and 1000 barrel well means

Production facts show annual outputs and financials for various well sizes. 300 barrel well yields 109 500 barrels with $219 000 income after expenses and a dividend of 90 per 901 008, 500 barrel well yields 182 500 barrels with $365 000 dividend 200 percent and $115 000 treasury, 1 000 barrel well yields 365 000 barrels with $780 000 income and a 600 percent dividend plus $30 000 for development, 2 000 barrel well implies 780 000 barrels income over expenses totaling $1 460 000 and a 1000 percent dividend with $190 000 for continued development. A 3 000 barrel figure is given but unclear.

Also Mentioned on This Page

Comanche Home Oil Co OUR Holdings THE Asi Leon Valley Brown CO Komanche Home, O Mies Comanche, Texas Wilson & Nelson Clifton, Texas
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