Evening Republican, Volume 20, Number 187, Rensselaer, Jasper County, 5 August 1916 — TO SHOOT OIL WELL AT THAYER [ARTICLE]

TO SHOOT OIL WELL AT THAYER

Thayer Oil & Gas Co. Announces That They Will Shoot Oil Well On Thursday, August 10th.

Thursday, August lOtli, will see the community of Thayer, Ind., the center of interest in northern Indiana. The Thayer Oil & Gas Co., announces that on that day, unless the unforseen happens and a delay is necessary, they will shoot the thousand foot well they are at present drilling. Thomas H. Oondon, father of the Parker-Munice oil field, where millions of dollars were made, has the contract to drill three wells on the six hundred acres of land which the company has leased. He reached a depth' of four hundred feet with the first well day. G. J. Cummings, vice president of the company, has established headquarters at Dyer and is supervising the work. The countryside is astir with the new activity and the shooting of the well is sure to 'be an event attended by great excitement. Stockholders in the Thayer Oil & Gas Co. feel confident of the success of the new field. They base their judgment on the fact that oil was drawn from two wells on the six hundred acre tract now under lease for oil and gas privileges. Two hundred and '‘fifty barrels of oil were obtained from one of the wells which farmers put dotvn eight years ago*. Testing some of the oil drawn from the well eight years ago, an expert appraised it as worth $2.60 a barrel. Vice^president Cummings says that the HearsGSelig weekl.es will send a moving picture photographer to take views of the shooting of the well. The glycerine needed to shoot the well has been ordered and a $25 a day expert retained to do the work. “Two hur.drd and fifty thousand feet of gas issues from the well daily,” said Mr. Cummings.