Western Oil Derrick (Oklahoma City, Okla.), Vol. 3, No. 24, Ed. 1 Saturday, June 12, 1920 Page: 4 of 4
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PAGE FOUR
WESTERN OIL DERRICK, SATURDAY, JUNE 12, 1920.
WE STAND TO WIN
A MILLION
We A re Following the Same Successful Methods
That Made Great Riches for the
Powerful Oil Companies
The Western Oil Derrick Leasing
\ ' Company No. 2
Owns Valuable Oil Leases in the Great Southwestern Oil Fields Where Monster Oil For-
\ tunes Have Been Made and Where Millionaires will Be Again Created
as These Wonder Fields Are Developed
The Big Oil Companies Do Not Buy Stock
THEY BOY LEASES
The Western Oil Derrick
Leasing Company No. 2
Operates along the same lines which have made millions for the big
oil companies.
Thousands of Acres of
Oil Leases
Are owned by this company in the southwestern states where the
oil output this year promises to reach in value a billion dollars.
Why gamble on hazardous deep holes that offer great risks?
Why not invest in a leasing company which acquires valuable hold-
ings ahead of the drill?
We are in position to obtain advance information in connection
with the drilling of oil wells.
We Buy Leases While Prices Are Low
We Stand to Win Millions
The Risk is Slight
New oil pools are being brought in all over the magic south-
western oil empire. Some fine morning this company will find that
it owns extensive acreage that has been developed by the big oil
companies, and this company may win
Millions Over Night
THE GREATEST OIL FORTUNES IN THE WORLD
ARE BEING MADE BY SUCCESSFUL INVESTMENTS IN
OIL LEASES
Rich and powerful o;l companies are drilling thousands of deep
oil wells. They will make hundreds of millions of dollars in finding
oil. Investors can get some of the millions by making the right
kind of investments in oil leases in sections where the big com-
panies are spending millions to open
NEW OIL POOLS
Why not let the rich and powerful oil companies do the drilling
and lose the money which is, of necessity, a part of the immensely
profitable oil business? Big oil companies grow enormously rich.
They make hundreds of millions of dollars. Also, they have some
losses. But—
The Western Oil Derrick Leasing Company No. 2
Invests its money in the same fields where the influential oil corporations do the drilling. Our company buy3 leases to participate in the
huge gains when the big drilling organizations open up the gushers. The Western Oil Derrick Leasing Company No. 2 could hazard the
money of its shareholders b> drilling wells. But—
This company proposes to do nothing of the kind. We let the strong oil companies do the drilling, and we invest the company's money
in fields where great gains can come, and where the shareholders' money is not gambled away.
Why not invest in a company that is managed as skillfully as the successful oil companies? Why not take advantage of the experi-
ence of the cil companies that have piled up—
MILLIONS OF DOLLARS
Shares in this company are of the par value of $1 each. The capital of the company is $100,000. The company is incorporated un-
der the laws of Oklahoma.
With these investments scattered around in the marvelous fields that are creating hundreds of oil millionaires, an investment in the
shares of this company is most inviting. The management of this company challenges any other organization on earth in the possibili-
ties of enormous gain coupled with the minimum risk.
Western Oil
Derrick Leasing
Company No. 2
«£
.j. WKSTKKN Oil. DKRRK'K I.I .VSINtJ COMf'AN'i NO. 2 $
.■ Huckins Mutate Building. June 1930.
Oklahoma t'ity, Okla. ♦>
• JentUmen: Check f<>i
Is enclosed to pa> In full for
Oil Pern k
Oklahoma City
■ tfiiMlliif' * Ti fittfcifflft HHfi if tii A ifli i '
_ -
■nrjrvr?-*rr ■
Oklahoma
>hare- of stork par value 11 each In the Western
5 '' No I am InvotitiK In the hliare* of this company under the
evplieit guarantee «>i the m.ntai'ment that th« to« u i« fully paid and non-assessable,
thai . verj dollar of the stockholder.- money i* inverted in i- a>«- in territory where wells
are heing drilled or " t rnt-il for hat o j ' infotion Kharea evei will ;ssu-d; that
!:«> -llarlea have h. ti paid ei will be paid, that tin <OlYipxny ! ma no advertising' expense
that n ' commi**iona are fiaid b> the eompan> foi th> sale <<f its stock; that offii-ei- and
• I rectors of the comi . n huifh id paid for 'heir stoi m th« full par value, and that
the company does npt owe a dollar on any of it valuable leatu.s in six wonderful south
western <>11 states.
t
'JKt BW ar ir 1 - 7- i tmrw
' "V
ARTESIA FIELD
NOW ON BOOM
ARTESIA, N. Mex.. June 12.—It it
reported that the National Exploration
company, which is now drilling three
wells in eastern New Mexico, wil
I soon start the fourth well in Eddy
' county, presumably in section 15
(Township 19 South Range 28 East.
This company owns a large block oi
| state leases in this vicinity and the
; geological report on it is said to war-
rant immediate development. This
I particular tract is just east of the
! Pecos river and a test drilled there
will be watched with a great deal of
interest by the many operators now
interested in New Mexico.
The National is a strong concern
backed by many bankers and oil men
from the east, and for this reason
the r operations here are being looked
upon as real tests. The company
' maintains a complete storage yard at
Roswell where they already have
1 equipment valued at a quarter of a
million dollars, and the stock is being
increased daily in the way of casing,
cable, timbers, drill stems, etc.
The Kansas Carlsbad Oil company,
1 operating in the southern part of
Eddy county, has the derrick erected
and will spud in within the next ten
j days. This concern has about 40,000
acres south of Carlsbad and it is the
intention to drill several wells this
I summer.
; Another company operating in this
county is the New Mexico Petroleum
and Refining company of Los Angeles.
Their location has been made in T22S
I R27E and officials of the company an-
I nounce that drilling will start as soon
as material fan be secured. About
$25,000 worth of equipment is said'
| to be enroute to Carlsbad now for
commencing the first well of this com-
pany.
I Another location in this locality will
be announced shortly by a syndicate
of Dallas oil men which recently took
I over a large tract of acreage in south-
| ern Lea and Eddy counties.
Derrick and
According to the annual report of
| the Texas & Pacific Coal and Oil com-
pany for 3919 the net income for last
year was equal to $9.01 a share of the
( par value of $10.00.
. . .
The demand for the prindpaJ pe-
j troleum products can be seen in a
recent statement of the United States
army peace-time requirements, which
included 74,000.000 gallons of fuel oilt
11.000,000 gallons of gasoline, 2.000,000
gallons each of lubricating oil and
grease, and 1,000,000 gallons of kero-
sene. j
• • C
! American engineers have been em-
; ployed to supervise the construction of
1 the first oil pipe' line ever built in
Continental Europe. The line will ex
tend from Havre to Paris. The in
creasing price of coal and the difficul
ties of securing it have caused fuel
oil to come into more general use in
France. The new line will bring
' 24.000 barrels of oil to Paris each day.
For the first time Paris will have itL
| own refinery.
• • •
There are thousands of acres of rich
farm lands in Texas which in previous
years yielded comfortable incomes, but
are today Idle. The farmer has leased
I his acres to oil men. and although verj
I little ground is needed for the drilling
| of a well, the average farmer who hat
1 banked a nice lease bonus looks on
. his former farm not as a farm any
longer, but as a prospective oil field.
So why work? Let the oil operator
1 do the work. ' Gric' is sitting undeh
?he shade of the old apple tree dream*
] ing of the time when the golden stream
I of royalties will begin to enrich hit
bank account.
1 At Beatrice, Neb., the Holdridge oil
' interests have let h contract for the
drilling of a test well In that vicinity,
j Forty thousand teres have been leased
| I>y the parties and geologlsti encouis
| age the belief that oil In paying quan-
tities will be found there.
In Palo Pinto county, Texas, n new
sand has been struck at 11.995 feet tt%
jthe Empire's Wheeler No I The flow
was -100 battel* To the north ol
Wheeler No I scroti (he (trains river,
are the ('heslnui MdiNondson and
"'her ga w lln wlil« It hive a allowing
1 of oil; to the norlhtaat aboul one half
I mile, the Mmptr*'* Wheeler No 2 l<
drilling <>' 200 feet In the wnat. slight*
' ly south, about t' M yiftln, the Empire's
uniiori N11 1 i. Hi tiling ni amm fnn.
Geological
Engineers
< HAS N GOULD
josi I'll M t'l UK INS
ROHER'I '• DEWEY
1,1 SI II (' HANSON
I 21 a ( jtlrnrll llltli;.,
(>l< l.tliMin.i ( itv.
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Bisbee, Sumner T. Western Oil Derrick (Oklahoma City, Okla.), Vol. 3, No. 24, Ed. 1 Saturday, June 12, 1920, newspaper, June 12, 1920; Oklahoma City, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc152251/m1/4/: accessed April 17, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.