Western Oil Derrick (Oklahoma City, Okla.), Vol. 4, No. 9, Ed. 2 Saturday, August 28, 1920 Page: 2 of 4
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WESTERN OIL DERRICK, SATURDAY, AUGUST 28, 1920.
OIL LEASE BRINGS
TO NEGRO FARMER
SHREVEFORT, La., Aug 28 -One
wcllon near hon has bflftn Inhabited
largely by negro farmers, who had In
henlted tracts from their f(>rebcar .
which hfd been given them by their
masters In tbe daya succeeding or i.m
mediately proceeding the emancipa
tlon. Among these negroes Is Have
Raipes, wtu>se land is listed among
the most prolific oil producing terrl
'.ories In the field.
Rainea had farmed for years, reap-
ing a meager existence for himself
an.d his plskannlnles from his farm.
Then came oil and with it riches for
Daw. Today he la able to rldei in an
autorpobile. Some of his nelghhora
'jave the saJye good fortune and oil
bas ma.de them independent for life.
During the war Pave Rainea made
the Urgent single aubscrlptlon In this
section to Ibe Fourlh Liberty Loan,
lila purchase ot my block of the Issue
for $100,000, creating a stir through
out the nation.
ARTESIA FIELD OF
NEW MEXICO BUSY
WITH BOIL RIGS
ARTEBIA, N. Moi, Aug. 18.—Con-
siderable Jntfrrst has been aroused
in this' vicinity over the recent an-
nouncement that twenty five shallow
wells would* be driUed east of th^
Pecog river about ten, niIlea northeast
and east of this town. One location
has already been made In T16S R27K
Eddy county by the Big Mound Oil &
Gas Co., and it ia reported that this
same company will drill a total of
five wells in this field, lhey are at
presept operating in the fields of Oltla
homa and Kansaa where they have
eeiberal rigs and a large crew at worn
Mr. Virgil*Moore, of Lake Arthur,
ll understood to be at the head of
♦he syndicate which will carry out thin
)xtenslve drilling campaign and it Is
OIL AND GAS LEASES
We Are Subdividing Some of Our Leases in Custer County Near Drilling
Wells and Selling Them in 10 Acre Blocks, Only $10 Per Acre
Thi* is a chance for the small investor to get inter ested in one of the coming oil fields of the state.
EigJit drilling propositions have started or about to start in the county; good showings have been reported in several of these wells; it is only a question of time
when this field will be considered one of the leading fields in Oklahoma.
Custer County lies directly north of the great Burkburnett oil field in%iorth Texas and east of the great gas field of Amarillo, Texas. The Cement, Okla., oil
field is southeast of Custer County and the big gasser recently found to the northwest at Liberal, Kansas, places Custer County in the center of oil activity.
This region has been surveyed by some of the most prominent geologists of the state and with the good showing made by wells now drilling it looks like th* pre-
diction of a great number of geologists and oil men that this would soon be .one of the largest and best fields'in the state would soon be realized.
The National Union Oil and Gas Company is drilli ng a deep test well on this hlock and to assist in completing this well we will sell (for a short time only) leases
at $10 per acre in ten-acre tracts and upwards. Don't wait, but send your subscription today for leases. If you wait, others will take all we care to offer and thus
great opportunity will be gone.
These leases are five-year leases with four years to run, with one year rental paid in advance.
Write at Once to
J. R. SPARKS
Who has charge of the ^creage and can furnish you full information and maps, or, better fill
out the order blank here attached and send check for amount of leases wanted.
Mr. J. R. Sparks,
Find enclosed my check for $ . to pay for —
acres of vour Custer county oil leases to be selected by you ne^r the
Anticlines on your block of leases being drilled by the National Union
Oil and Gas Company and it is understood that a good title to these
leases is guaranteed by you and that th? leases have about four years
to run with 1920 rents paid in full. J
It is further agreed that if my'check is received too late to get part
of these leases you may return the same to me by registered mail, and
be then released from responsibility regarding the same.
Name —— —
City I - - — —
lnnojinced that he has already let the made up to 50 barrels of oil In one day jhe had at any time. The N'o. 1 well before very Ions. The excellent show
contracts 'o several drilling eoir Otologists have maintained for a of the same company Is also showing ings In the wells of the Illinois Pro-
tractors for a total of twenty five long time that the rroduclng nil sand
veils. ' I In Eddy county would be found In
This announcement Is of more thnn abundance at a shallow depth east of
passing Interest, as much of the land tin river and It now seems certain
which U l« proposed to develop Is not that a through test would be made,
far distant from the famous Brown The lllionla No. 2 well near Dayton
and Belt wells, which were drilled for ii drilling at shout 3450 feet In a dark
water but produced oil In such quae- soft lime mixed with sand and heavily
titles that they were rendered useless saturated with oil. Quite a bit nf oil
a good deal of oil with tools lost In ducers Co. has caused the company to
the hole at about 2,100 feet. This well look on this block of leases with a
has also balled a large amount of oil great deal of favor.
which has been used for various pur ! Several locations have also been
poses ia drilling this and other wells made on government land in this lo-
here. callty and It Is expected that a large
One of the largest solid blocks of amount of new development work will
leases held by the National Rxplor- be started as soon as the secretary of
jitlon Co. is in Eddy county east of the interior issues the final permit
as water wells. The old Brown well haa been hailed'from (his well and no the river and It is generally under- giving Ihe owners authority to actively
was at one time on the pirmp and'douht exists but that a good well coul.fi stood that they will drill a well there drill and develop their holdings
FORT WORTH, Texas, Aug. 28.—
In the Caddo district activity has con-
siderably increased during the last
few days. Latest reports from the
fields show a good well on the Nannie
Walker lease, that of tlie Planters Oil
company, which is flowing 800 barrels
daily. Five miles southwest of Caddo
the Lizzie Hammond well of the Sin.
clair Consolidated Oil corporation is a
! heavy gasser.
Much of ttiis renewed interest is
caused by the big Swenson No. 13 of
the Swensondale Oil company, which
^ame in last week for 10,000 barrels
daily-. It continues to flow between
5,000 and 6,000 barrels.
Western Oil Derrick classified ads
brinp home the bacon.
Investors who wish to obtain the
widest range of values in cennectio*
with various oil lnveVment® should
Vconcentrate on the offerings adver-
tised in general oil publications, and
let hou e organs alone.
THE NEW NECESSITIES
Jud Tunkins says he^ going to hava
help this summer If'he has to put
phonographs qn the farm machinery
and have moving pictures in the barn.
= HOMER-EL DORADO OIL CO. S
Authorized Capital $60,000. Incorporated Under the Laws of Louisiana. Par Valu$, $1.00.
HMflH Fully Paid, Non-Assessable. Paid up Capital $37,000.
tmrnamm 303 Simon Bldg. SHREVEPORT, LA. ... \ IS®
The only Oil Company Operating in this big New Oil and Gas field offering its stock for public subscription. iimw m
B9KBarnj We are offering only shares left on unpaid option*.
10 REASONS WHY YOU SHOULD BUY HOMER-ELDORADO STOCK TODAY
1st. Homer Eldorado Oil Co.. owns 1.000 acres of oil leases In the Big new Interstate oil and gas fields entirely surrounded by oil and ga*. Situated In a direct Mn
between the Big Ixmisiana oil pools and the oil fields in the Pennsylvania belt. |#
2nd. Our low capitalization of only $60,000 means enormous profits on striking oil or gas such as a heavily capitalized company could not possln y
holders proportionately. „ . .tH._ lin
3rd. Homer Eldorado is backed and managed by men who know the oil business and who are devoting all of their time and energies to tne dui. -r f
"'Ti?'You know that every day the dally newspapers are reporting new activities on oil or gns strikes that positively pn es the district bounded on t^he.east, by the
Ouachita River m Southern'Arkansas and for about twelve miles south in North Central Union Parish, Louisiana; North of the Alabama Fault line, as probably the grea
oil field ever discovered. „
5th. The greatest profits are made In new oil fields where the oil sands have not been drained by the first wells struck in the fields _i.u nartlrinate In
6th. Homer Fl.lorado Oil Co., is the only oil . ompany operating ip this district that is offering Its stock for public subscription. So that If >ou wlab <° jjrtlclpa
the development and profits that are to be made here you must buy Homer-Eldorado stock „„ m... nil leases
7th The Standard Oil and other large oil companies have invested more money in this district than ever in any other new field, and are P
every day. 110.000.000.00 is our estimate of the big oil companies Investment in this district in the past three months. .... .triu„ I. ovnected
8th. The prices ot oil leases have increased fifty times In the last year, which shows the faith oil companies have in this great territory. A great oil strike is expeciea
9th,r Ourh lerrk'k is built, casing bought and machinery on the road to our drilling site. Operations started July lSjh. and as the drill goes down the J*®®
Eldorado ahares should *o up 10 several times their present selHng price, and as new oil strikes are made around us their value increase .
large acreage makes Homer Eldorado stock a good Investment at even ten timeg its par value. ■■ ■—--*■
mil* - south of the Arkansas .line. We have the Hunter, Constantino, Congress. 1' % on Petroleum wells to our nortljwe% he ,nr|av in Homer-El-
Ouachlta flHd to our east and southeast and oil springs to our northeast. How can we help but bring in a gusher at 2450 feet.
dorado stock will makr you big money $ 1.000 * ill make you financial'y independent for life if we ulrikr even a 100 barre we tsnon in 2*i nhares
If >ou « isli pen-1 ' on 10> shares and pay the balance in three equal payments of $50.00 in 3<\ 60, and 90 days. If you cant invest , i
But don't let this opportunity go by to purchase Homer-Eldorado stock at $2.00 ,^er share.
MSI,fine rongness rnion P-rroleum. and Hom-r-Eldorado arc drillnJkis being proved to he a Pgantlc oil and gas field Our derrick K b"'1*- r"in« ™ „ our low
d;. Ho* rig I, being moved Overland from Homer fl««d 10 our drilling on section 1, township 5:1 range 1 east, where we ha^fe UOO acres ot oil \IUss_ £ur low
capitalization of on I |«0,rt00 and large acreage mean, 1100 per share possibilities for Homei^ldorado stock. Where the big ofl companies ha>9 invested millions u
good bet Jor you. Only orders in reply to this "ad" will be filled at $2.00 per shar^,
SEND YOUR ORDER TODAY AT $2.00 PER SHARE
Ne orders filled for l*ss than 10 shares.
rea Offer, at %2JfO Per Share. After
| _ i Sharea $&00 E*ch.
U8t THIS O'RDER BL^NK
HOMER ELDORADO OIL CO., *INC.
"OS Simon Bldg.,
Enclosed find P o Order for $ as payment in full tor... .t-.a
(Fully Paid anrt Unassessable) of the HOMER-ELDORADO OIL CO., at the price of TWO DOLLARS par share. It is understood, in th« event stock is ovei-
%ubtrnlbfd'. -^nd you are not a£le to fill this order at the above price, that you will return my mojrey at once.
Have Stock Certificate issued in name of:
Shares ot Capital Stock
liiiiim i nil in iiiiiiiiKiin mimif immmiiisiiiiiHifiiiiiiiiiii^
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Bisbee, Sumner T. Western Oil Derrick (Oklahoma City, Okla.), Vol. 4, No. 9, Ed. 2 Saturday, August 28, 1920, newspaper, August 28, 1920; Oklahoma City, Oklahoma. (gateway.okhistory.org/ark:/67531/metadc152281/m1/2/: accessed December 19, 2018), The Gateway to Oklahoma History, gateway.okhistory.org; crediting Oklahoma Historical Society.