CONTRACT FOR A DEEP TEST AT BLACKDOM | Roswell Daily Record Wednesday, April 7, 1920
A contract between the Blackdom Oil Company and a large mid-continent drilling company signed this morning which calls for a deep test well at Blackdom south of this city on what is known as the Blackdom dome.
The terms of this contract provide that drilling must commence within 60 days from today and that well must be drilled to a depth of at least 3500 feet unless oil in paying quantities is found at a lesser depth.
This tract of 4,800 acres lies directly West and a little south of Orchard park where the National Exploration Company is now drilling and geologists who have examined It say that the structure is there much in evidence.
The Blackdom Oil Co. is composed of negroes who blocked a large acreage early in the year. They received a bonus of $1,000 ($27,000 today) an acre and a bond of $5,000 ($133,000 today) has been deposited by the drilling company to show good faith.
The machinery for this well is already in transit and will be moved to the drilling site immediately upon its arrival in this city.
Officials of the National Exploration Company have announced that the long missing equipment necessary for the starting of the Orchard Park well will be here the latter part of the week and that the big drill will begin pounding the first of the next week.
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