#NewContract For Deep Test | #BlackdomRenaissance Roswell Daily Record Monday, March 1, 1920
#BlackdomRenaissance
#NewContractForDeepTest
The Blackdom Oil Company has signed a contract with a California drilling company for a deep test on 4,200 acres at Blackdom south of this city [Roswell]. The contract provides 'that operations must start within 90 days and actual drilling within 6 months and that th'3 hole must he started with a 20-inch casing and must be drilled to 3,500 feet unless oil or gas is found j in paying quantities at a lesser depth
The Blackdom Oil Company received a bonus of $1.25 an acre and a bond of $5.000 has been deposited in the bank by the drilling company to insure good faith.
The National Exploration Company is now ready to drill at Orchard Park and drilling at Picacho was resumed again this morning.
#FrontierAlchemy |
