Wells at Petrolia
Tho Wei In at Peirolta. The Petrolia Reporter say: "The producing producing wells appear tone unflagging in their yield; if any diminution is su-tained su-tained su-tained it is not very measurable to the eye. No locality in the province is so highly favored with petroleum. But a few mcnths ago and this Reality barely produced 100 barrels of oil a day, but now there are at least seventy producing wells, each giving giving an average of ten barrels a day, and every week adds new Btrilies to the list of producers. It is estimated that there are about thirty bores' which do not pay the pumping, many of which dry holes have been put down on outside territory, territory, and were at best of course only experiment! experiment! to test territory, so that disappointment disappointment in such a case does not pr judlce the oil territory proper of Petrolia. We may add there are about fifty wells in process of drilling, drilling, a large number considering that we are now passing through the dullest month of the year for business. A noticeable feature of operations here is the great quantity of second-hand second-hand second-hand engines and oil machinery that is being imported, indicating that Petrolia is attracting cipital from other oil regions both from tho United States and other points of Canada. The comparatively small per centage of failure is telling with eood t ITcCt in favor ni Petrolia. It is fully btlieved the advance in price of oil will bring witli It a rush to the thousands of favorable well locations locations which at present may be had at very reasonable reasonable prices.