General Exploration Well Gas Tendency Disappoints
General Exploration's new well five miles southwest of Mendota in the Bandini field shows a gas tendency at 6 409 feet in the Buckeye zone, with 249 barrels per day output. The find is considered gasier than previous wells, prompting plans for a wildcat offset near Lagomarcin on the Lagomarcing lease. Monterey Oil Co reports new discoveries offshore west of Newport and a 300 barrel per day Newport No 4 while Tide Water Associated’s Denton wildcat near El Rio is drilled deeper after a dry hole. Western Gulf diversifies with shallow Yorba Linda holes and Chansler Western’s Rincon deep well underperforms, producing about 120 barrels per day.
MENTIONED IN THIS ARTICLE
Mendota
Como
Bandini
LA Liebra
Gorman
Greene, Wheeler & Walthan
Beverly Hills
Sycamore
Ridge
Arguello Wildcal Management
Index Oil Co
Point Arguella
Lompoc
Poe
Rancho Loampac
Huntington Beach
West Newport Basin
Monterey Oil Co
Altiest Aly Clark C. Peterson
Newport No
Seal Beach
Monterey
Tery Hole
Newport
Associated
Hollythumb
Comwood Park
Pany
Denton Wildcat
Tarmont
el Rio
Osnald
Ventura
Victory
Cinelt
Basin
Union
Ingle
Isswood
Cuyama Valley
Montadorg No. 1
Morro Bay
Val- Linay
Continental
Jelly Bene
Hooker Cove
Tehama
Superior OW
Russell No
Shafter
Western Gulf
Yorba Linda
Chansler-Western
Rincon
Hobson
Canada Grain Stores at Record High
Canada faces a record surge in grain supply with wheat, oats, rye, and flaxseed totaling about 816.8 million bushels. The July 1 estimate shows 587.5 million bushels on farms and in elevators, triple the 1944-53 average, setting the stage for a potential 1.1 billion bushels to dispose of amid a tight world wheat market.
MENTIONED IN THIS ARTICLE
Oliawa WM
Canada
Bureau
Tax Cut Proposal in Australian Budget
Australian Treasurer Sir Arthur Fadden introduces the national budget proposing tax cuts totaling 79 million dollars. The plan outlines reductions across income brackets aimed at easing household costs and stimulating economic activity.
MENTIONED IN THIS ARTICLE
Gasberra
Australia
Arthur Fadden
Also Mentioned on This Page
Howard Begley
Canada Grain
Inough
Pine Ave
Long Leach
Biltwell
Lakewood
Denim
SEARS
Boyville
Osu
Astra
Pilgrim Brand