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, Oil Scouts Present.OH scouts in the employ of some of the bigger companies have’ given the well the once over. Several whoso, opinion is worthy of the “expert label, 3 have passed the word around that the 3 gas is coming, not from the side of the hole, as has been heretofore supposed, but from the • bottom. If this is the case the well should blow itself In when the immense water pressure is bailed off. The flow Is still Increasing and some ol! is coming to the top. Rumors that some of *the oily brethren rcpro-0 senting big companies had bought acreage and options, cannot bo confirmed.Acreage is getting an active play around the the outskirts of the company’s 7,000-acre block. With the ex-r ception of a few small offsets held by1 farmers, practically no close in stuff i exists, other than that held by the com* pany, which is not for sale. This iscausing much grief among lcase-ped-1 dlers, who seem to take it as a personal 1 affront. Farmers holding the only offsets to be had are holding out for proven field prices, asking anywhere from $100 an acre up.
Newspaper Details
Texas Oil Ledger
Fort Worth, Texas, US
Sat, Jul 17, 1920
Page 3
Full Page
Clipped by
Anonymous
TX, USA 02 Dec 2023
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