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Clifton Record in Clifton, Texas

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Newspaper

Clifton Record

Location

Clifton, Texas, United States of America

Date

Feb 14, 1919

Page

2

Comanche Holdings Plans Six Tract Oil Drilling in County

The Comanche Home Oil Company controls six land tracts totaling 435 acres around Comanche County. Plans focus on a ten acre site in the Duke Knowles field between Phoenix and Duke wells as the first drilling target with strong production potential. Tracts include 10, 40, 40, 50, 100, and 195 acres across several surveys near Rising Star Sipe Springs and Goss well areas.

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

Our Officers Hold Texas Oil Leadership Roles

Our President J M Hickey of Comanche Texas is an oil man with wide experience in Burkburnett and Mid-Texas fields. He helped found Peas River Oil Company and led early wells in the Ranger area. G M Shelton of Cisco Texas is secretary and an oil operator. Morgan E Hall of Comanche Texas serves as 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 from Texas Endorse Burkburnett Drill Trust

Our trustees J F Tate of Comanche W D Nunn of Moran and Morgan E Hall of Comanche are longtime merchants and early Burkburnett investors. They pledge a square deal to stockholders and efficient company management.

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

Comanche Home Oil Company plans drilling and profits plan

The Comanche Home Oil Company promises to drill at least one well near the Duke Knowles field with 75 percent of net oil proceeds paid as monthly dividends to stockholders and 25 percent reinvested. Trustees are reputable, no salaries until production, holdings near multiple wells to protect interests and enable future drilling.

Comanche Home Oil Company Duke Knowles Comanche County Duke-Knowles

What a 300 barrel well means

Annually 109 500 barrels income clear of expenses 219 000. This will pay an annual dividend of 100 percent and leave 94 000 for development. A 500 barrel well yields 182 500 barrels and 365 000 income after expenses for a 200 percent dividend and 115 000 for treasury development.

Treasury

Also Mentioned on This Page

Colencie Home Oil Co OUR Holdings THE Ani Leon Valley Ecomanche Home Jesus Co Comanche, Texas Wilson & Nelson Clifton, Texas Pha
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