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upr000264-226
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3. As previously advised, we have Insufficient data to determine depth and productivity. We believe, however, that if water in sufficient volume is to be found, it will probably occur at lees than * 5 0 ft. depth, and that our estimate of $12,000 per well is extremely liberal. Estimate for drilling one well is made Up, as follows: S- 2 3 Drill *50f well Drilling - Contract l6 " Surface casing, 12” Seamless Steel Casing Shoe, valve and fittings, 20 HP Byron-Jackson Submersible Pump, Freight and Insurance, Arbitrary percentages, mk *50 LF' @ $4.25, # 3 6 13 50 LF @ 6.00, 300 *00 LF @ 4.00, 3 200 500 1 9 0 0 500 _ _ i _ 2 U Total estimated expenditure, f12 000 Frank Strong
