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Image provided by: University of North Texas; Denton, TX
Newspaper Page Text
Friday, July 11, 1919. THE JEWISH MONITOR Tkm THEY ARE WADING IN OIL Down by the Duke-Knowles Annex While making the location for our No. 1 well our engineers had to wade in oil' that overflowed from the Southland well on the adjoining lease. Extract from Fort Woth Star-Telelgram, June 17: Standing on a strpef. rnmpr fn TtoadoTTinnQ 90Q rnl intra can be counted and there are scores of others that cannot be seen. There are a half dozen wells around the town that are responsible for the rush on the town. The Echols, Terrell, Peerless, Hamilton and others of the gusher type that are near the town are the big drawing cards, A string of derricks stretches from Desdemona to Gor man and the Southland well two miles east of Gorman has started a big development there. This well gets from under control occasionally and floods the country, according to op erators who have recently visited the field. Engineers mak ing a new location near the Southland last week reported they waded in oil ankle deep for hours. No less than fifty wells in the Desdemona-Gorman ter ritory are nearing the sand level and are to be completed within the next two weeks. Already the daily output of this district is between 12,000 and 15,000 barrels daily. Two weeks more is expected to increase this output and possibly double it, making this one of the best districts in West Texas. The one time question mark that was always con nected with the Duke pool is about to disappear, operators say, and faith in the district is gradually being strengthened. The Duke-Knowles Annex Oil Co. CAPITAL $150,000 Par Value $10 a Share 640 acres near the Gladys-Bell well, reported in and waiting for tankage. 30 acres near the Fulfer well reported as standing 2,000 feet in oil. 26 acres between Duke No. 2 and Downing wells. 20 acres southeast of Downing well, AND 10 Acres Joining the Southland Well The Duke-Knowles Annex Oil Company have completed the rig for No. 1 well which will be drilled to completion as rap idly as possible. We believe that we will bring in as good or better well than the Southland which is only about 400 feet from our property line and is putting 1000 barrels of oil into the pipe line daily. Rapid development of the company's holdings and the distribution of profits in early and substantial dividends is the expectation of the management. The management of the company is in the hands of strong and successful oil and business men whose integrity and ability to carry out any proposition they may undertake is unquestioned. Mr. Arthur Doherty is well and favorably known in Fort Worth as the head of the Doherty Baking Company, and his association with the company as its president is a guarantee to all shareholders of honest, efficient and progressive manage ment. There is Only a Limited Number of Shares at $10 a Share They will last but a few days and unless you act at once it will be another opportunity lost forever. I believe that Duke-Knowles Annex at $10 a share offers one of the greatest opportunities for large and quick profits that is available and that it will sell for several times its present price at an early date. Over 5000 people have made money in companies for which I have been sales manager and no one who has taken my advice has ever lost a dollar. DO NOT DELAY MAIL OR WIRE YOUR ORDER TODAY Duke-Knowles Annex Oil Co. Bum General Sales Manager 1008 1-2 Houston St. Fort Worth, Texas JAMES A. BUIE, Sales Manager, 1008 Houston St, Fort Worth, Texas. I hereby make application for..... ............... fully paid and non-assessable hare of the Duke-Knowles Annex Oil Company at $10 a share. Enclosed . ...in full payment for same. Name ........... ............................... JM Address . . ....