HOMER NEWS
-HOMER * ALASKA^
VoU St No, 16
Sdptembxtr 23, 1954
to Cents Per Copy
CAP TO ELECT
A new commanding officer for the Hom
er CAP will be chosen tomorrow (Friday)
night when members of the organization
meet at the school cafeteria at 8 p,m.
Bob Edlund, present commandert has
resigned due to the pressure of other
business« Edlund has asked that all CAP
members be present at the meeting*
CSC MEET
Robert Bostrom, representative of the
Richmond Oil Company of California,
proven to be a master at answering hard
top-answer questions Friday night at the
Citizen's Study Group meeting« He answer
ed the many questions put to him concern
ing oil development on the Peninsula with
tact,
A geophysicist, he explained briefly
how test holes had been put down along
the Peninsula this summer by the crews
of the Robert H, Ray company and the
Charles E« Champ company, and how, when
small charges of dynamite were exploded
in the holes, the sound reverberations
indicated the strata of the rock below.
Probably his most important answer
of the evening, from a purely local
standpoint, came when he was asked about
oil rights on the land in this area« He
said that he was no authority on the
matter, but tif he owned property in this
area he would be looking up the title
to see whether or nor he owned the oil
r ightSi
He warned that speculators nearly al
ways come into an area that % s being
prospected for oil« Some will be legit
imate and some nott he saidt and
property owners have every right to see
credentials before doling business with
anyone, He also recommended that proper
ty owners "hold at least a few percent"
and not sell their rights out completely
Never committing himself on the find
ings of his own company, Bostrom said
that when an exploration team is sent in
to an area' ckd some indications of oil
are found, it is very probable that the
following year will see several more
exploration tpams back to cover a wider
area until it whs determined to thv
company's satisfaction that a well should
be put down,*
When he Was reminded that the contract
between the Standard Oil company and the
Department of fnterior called for the
drilling of pwo wells on the Peninsula
by tg6o, Bastrom said that there; wcis 'a
loop-hole in that, contract and either
(Cont, On Page 3)
INJURED HERE
Mr* and Mrs* Leo Rollins were flown
to Anchorage Wednesday afternoon by the
10th Air Rescue after they had received
injuries in a truck accident yesterday
morning«
The Rollins’ with two of their child
ren were coming down the West Hill road
in the family 6x6 truck when the brakes
failed and the vehicle Overturned in the
gulley near the Spruce Knoll farm,
The exact extent of their injuries is
not kncun, but Mr< Rollins received a
severly cut hand and a possible broken
shoulder blade, Mrs• Rollins appeared
to have a back injury, possibly a broken
back, The two children were thrown clear
of the vehicle and were not injured*
FLOWN
Bob Edlund flew Madeline .Bassett, a
Homer school teacher, to Anchorage Tues
day evening, She is reported to be suf
fering from pneumonia and is a patient
in Providence hospital,
While in Anchorage Bob visited his
wife, Dorothy, who is there for medical
treatment,
CHAMBER MEET
Ed Glenn, party chief of the Robert
H. Ray Drilling company, Monday gave the
Chamber of Commerce a first hand view of
the company's operations in this area for
the Past summer*
Glenn told the group how test holes
were drilled in the earth every quarter
of a mile and shots of powder set off so
that delicate instruments could record
sound waves reverberating from the rock
strata below*
tie stated that the company did not come
to the Peninsula this summer looking for
oil structures but rather to see if geo
physical work could be carried on in this
area«
fjt was feared, he said, that the rock
strata here vmuld be so jumbled that
geophysical work would be impossible but
their tests have proven that exploratory
work can be carried on*
Concerning the physical makeup of the
area, Glenn said that the Peninsula is
covered with a layer of vegetable matter
that is approximately 5000 feet thick and
that there is in the area approximately
10,000 feet of soil in depth that might
contain oil* The Spit, he said, was for
med when a glacier "died" leaving great
(Cont* on Page $)