Picacho Royalties Company Eyes Oil Profits on 3000 Acres
The Picacho Royalties Company, owning one eighth of oil production on 3000 acres held by Picacho Cattle Company, funds a deep test by National Exploration in eastern New Mexico. The royalty costs 100 dollars, grants a fixed share of all oil, and carries no rents or lease renewals, with profit potential based on large well outputs and future discovery.
MENTIONED IN THIS ARTICLE
H. P. Saunders
American National Bank
New Mexico
Picacho Royalties Company
R. C. Sowder
W. P. Saunders
Allison
National Exploration Company
Also Mentioned on This Page
Joe H. Clements
Roy Ammerman
Caskfs
Suielus
Praetorian
Praetorians
Roswell Counclel
Roswell
Geo. R. Ray A. Lee Elmore
J.B. Savage
Allison Bldg
Home Office
Dallas
Texas
R. Gardner
L. Blaylock
Eccles and Hunter
Roswell, New Mexico
Civil Engineers
Oil Information and Map HeaDquarters
Ballard Thorne
First National Bank
P. Denning
Sera Pioneer
J. S&s. Massie
Chaves County
The
Picacho Cattle Company
National Exploration
the National Exploration Company
Picacho Royalties Company Is
Huxico
Meenoy
Tex-Mex: Oil & Refining Co
W. M. Mace
Gen
Mgr
Austin Porter
FIRST
Natl Bank Bldg
F. Gibson
MD. H. Mullis
Gen. Mgr
J. F. Hinkle
LONG
Monarch Paints and
Monarch Cement
Painters and Decorators
L. Smith
Cornele