(Q) Considering all circumstances and conditions surrounding
these operations, which of the following procedures would you
advise as the next step? (1) Move to the new location given
and drill a new well; (2) Drill this Carolyn Hastings #1 to
the greater depth; (3) Go back to the suggested level and
shoot this Carolyn Hastings #1.
(A) As just indicated, this necessarily depends upon
the abilities of the Corporation to finance the varied
activities. To be sure, to prove - as this is opened - the
lower depth would eventually bring the greater value to the
whole of the operations, see?
If this is not feasible, and it is feasible to drill in the
new location - then that would be second. For this then
would not by shooting disturb or make for disturbances to
the production in the area.
If this is not feasible, as to finances - or owing to
finances, then there may be - as indicated - the cementing
off of the water that is in the present hole, and at the
depth indicated underream and use the acid test. This will
not at first bring the large quantity, but as indicated
sufficient for commercial value and proving of the field.
First, then, if feasible - the greater depth.
Second, if feasible - the new location.
Third - use this as it is, with the manner indicated.
And as is, to be sure, feasible, if there is the drilling
to the greater depth, and for some cause there would be
lack of the obtaining of production - it could still be
made producing in the manner for the last indicated.
We are through with this Reading.
Copy to Mr. [...] [[2246]'s son-in-law] - Special Delivery to
Copy to Ass'n file Columbia University Club,
4 West 43rd St., N.Y.C.
BACKGROUND
See
1561-2.
REPORTS
8/02/38 Mr. [
1561] obtained
1561-5 in re Culpepper Co., Va.
property.
9/19/38 See
1151-17, Par. 14-A advising Mr. [
1151] to
cooperate with Mr. [
1561] in his release of metals but not
of oil.
10/07/38 See
1561-6 in re advisability of helping to raise
funds for the Smith Co., Tex., oil proposition.



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