2088

Massive Wyoming Oil Stock Collection (130) [128754]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Industrial Start Price:500.00 USD Estimated At:1,000.00 - 2,000.00 USD
Massive Wyoming Oil Stock Collection (130)  [128754]
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One hundred thirty different oil stock certificates from Wyoming including one from 1888 and half issued between 1917 and 1919, the most active period in the state. The Mike Murphy #1 well was the first oil well drilled in Wyoming. It was drilled in 1884 next to a natural oil seep and was the discovery well for the Dallas field, which is still an active oil field today. Wyoming’s first real petroleum boom began in 1908 when the Dutch-owned Petroleum Maatschappij Salt Creek Company completed the “Big Dutch” well about 40 miles north of Casper. Then, the giant Elk Basin oilfield opened on October 8, 1915. By 1930, the Salt Creek dome comprised 20% of all U.S. production. The 1888 Wyoming oil was from Bell Cook Oil Company, issued for 50 shares at Omaha. The company was incorporated in Wyoming Territory (rare). Some splits to the folds. The extent of Prag's collection is mind boggling and it's doubtful that there is a collection of Wyoming oils in existance that rivals this group. We hope you can preview this lot to appreciate it fully. Average condition overall.

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State: Wyoming
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Provenance: Ken Prag Collection