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Across 6,000 acres 19 deep wells are already flowing with black oil from the newly discovered Tensleep sands; eight more are drilling and another two dozen are waiting their turn with the rotary rigs. At night great gas flares light the skies from Polecat Bench to West Squaw Tit at the Montana end of the field. The Tensleep sands, first proved to be oil-bearing last December, still represent the only major producing field opened...

Author: /time Magazine | Title: OIL: Nettie's Homestead | 12/6/1943 | See Source »

...acres of Federal land in Elk Basin-the highest price ever bid for the privilege of putting a drill bit into the ground. Last month Carter Oil, subsidiary of Standard Oil of New Jersey, bought out Denver's Minnelusa Oil Corp., the original discoverer of the Tensleep sands...

Author: /time Magazine | Title: OIL: Nettie's Homestead | 12/6/1943 | See Source »

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