(Q) When will The Telegram Oil Company resume operation?
Is there anything we should know to guide us in the next
undertaking? [See 4905-70.]
(A) There are many things, of course, to be considered as
towards resuming operations. There are many conditions, many
plans that have been laid that are to be worked out before
resuming operations. Those plans as have been set by many of
those in charge of the affairs - especially those three in
specific charge - are being worked out. We would find, as
we see, there will be resumed operations in the NEAR future
- in the next ninety to a hundred and twenty days, in some
directions. These, as we find, will prove very satisfactory,
and should bring about better conditions with the resumption
of normalcy as toward production.
The conditions as are given forth at the present time as
respecting over production are NOT in fact an over production
of that commodity as respecting its use in the affairs of the
world. There is only at the present time the full portion
towards those of the storage capacity of most of the large
holdings, and the use of same, as is seen, will be that the
emptying and the exchange of these will be as such - by the
middle of December - that there will be the necessity of not
only the resumption of production to normalcy, but by the
18th of February - even by the 3rd of January - there will be
seen the rise in same, and there will be the excess paid for
certain QUALITIES of production before that period, see?
(Q) What is the most feasible plan to follow in the
operation of the leases recently acquired near the Pecos
River in Crockett County, Texas?
(A) Follow those as have been outlined towards holding same
until there is the ability to go ahead with the production,
or resume operations in such a way and manner to hold leases
under the contracts as have been set forth in same, see?
That is all the questions.
Pecos represents and presents an unusual condition, for
many of these properties we have had here before. The
shallowness of the production, the qualities of the
production, and the grades as are produced, are unusual,
see? There is, then, the great necessity rather of taking
care of that as is produced while it is producing, see? Do
that. Look out for that. [
8/09/27 See
953-28, Par. 5-A,
indicating this property should not be acquired now but
should wait for development.]
We are through for the present.
BACKGROUND
See previous readings.
7/21/27 His friend, Mr. [
270], was present for 953-27.
REPORTS
8/03/27 Mr. [
270]'s ltr.: "This is to inform you that
Mr. [
953] and I both appreciated the readings [
270-9 &
953-27]. He recently returned from a trip to Texas and
seems much improved, as he always does, after a few days
relaxation. He is quite pleased over the prospects in
the Pecos River country. After discussing the readings,
especially 953-27, we desire to ask the following questions
which it will be appreciated if you will schedule for early
attention."
8/09/27 See
953-28, another Business Rdg., especially in re
shortage of grain crops.



Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation