Oil investment pitch tied to Tippett well prospects
The Comanche Offset Oil Company touts high return potential if the Tippett well becomes a heavy producer. Investors hold leases and royalty interests on 20 acres near the well, with upside from 1000 barrel per day output estimates. Even if dry, royalties persist and future nearby oil finds could share profits.
MENTIONED IN THIS ARTICLE
Comanche Oflset Oil Company
Tippett
Comanche Offset Oil Company
Mr. Tippett
Tippett Well Lease Shares Offered Near Payne Tract
Investors are invited to buy shares in the Lease and Royalty of the J. B. Payne twenty acre tract near the Tippett well. The offering promises income from a heavy producing oil well.
MENTIONED IN THIS ARTICLE
Tippett Well
J. B. Payne
Comanche Offset Oil Company Formed in Texas Territory
The Comanche Offset Oil Company is organized to back a Tippett well near Comanche. It offers $1 shares with a $10,000 capitalization and half royalty rights on a 20 acre tract held by J. B. Payne and N. H. Payne. Officers include J. B. Payne as President and N. H. Payne as Secretary Treasurer. Trustee H. A. Carmichael will oversee funds and affairs.
MENTIONED IN THIS ARTICLE
Armstrong
Comanche
Comanche County
N. H. Payne
Tippett
Knowles
Comanches Offset Oil Company
Comanche Offset Oil Company
J. B. Payne
B. H. Baxter
Sec
Treas
H. A. Carmichael
J.B
N. IL. Payne
J. B
Texas
Comanche Offset Oil Co
Aes Ee
Tippett Well
Some Facts to Keep Before You Tippett Oil Stock Pitch
A prospectus urges quick investment in a Tippett deep test well in Co manche County. It claims a fifty thousand dollar test will unlock major returns as shares may be withdrawn if the well indicates strong production. Officers listed include J B Payne H Baxter N H Payne and H A Carmichael.
MENTIONED IN THIS ARTICLE
Tippett
Comanche Offset Oil offers $8 to $50k returns on Tippett well
A shareholder with $100 in Comanche Offset Oil could see potential returns of $456.25 yearly from a 1000 barrel Tippett well or $800 from a 1000 barrel projection, depending on leases, royalties, and sale prices. The risk hinges on the Tippett well.
MENTIONED IN THIS ARTICLE
Comanche Offset Oil Company
Tippett
Comanche
Also Mentioned on This Page
H. Baxter
SE Payne
Mrs Nef
Robertson
SB Payne
Tipptt Welle
H.T
Actiow
The
Comanche, Texas
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