PAGE THREE
rom rose
-J
EXTRACTED BY THE NEW HARTMAN PROCESS
-
A New Industry That Means a Big Payroll :-: A Dividend Payer :-: A Safe Investment
11 II
HAVE YOU EVER STOPPED
TO CONSIDER
1. That the output from OIL
WELLS is fast diminishing.
2. That the average production
per well in the United States is
41. barrels of crude oil per day.
2. That there is "billions of
barrels" of the highest grade oil
lying on. the surface of the
ground, saturated in the shales.
3. Thatitisasimplemanufac-i
turing process to- recover such
oils..
4. That it can be recovered at;
a small percentage of well drill-,
ing cost.
WHAT IS SHALE
Our Geologists,, our Govern
ment and our great oil men have
known for several years that
there .is "billions of barrels" of
OIL locked up in the. rocks and
hills of this country,, not in the
form of PETROLEUM, but in
the. "SHALE."
Briefly,. SHALE is the same
material from which Mother
Earth made all our Petroleum.
. It is proposed to treat thq Shale
in the same way by heat DIS-'
TILL ATI OX.
SHALE is a rock resembling"
slate in appearance. Geologists
tell us that it is a sediment de
posited millions of. years ago at
the bottomof . a great shallow;
sea. This was followed by the.
Iceberg Age,, which brought
A down an enormous mass of vege-
table matter and deposited upon
the floor of this shallow sea.
With the cooling of the Earth's
Crust, this sea was ultimately
dried up and the millions of tons
of fish therein were stranded and
deposited upon the vegetable
matter mentioned.
With the interior of the Earth
still hot near the outer crust,
there was a DISTILLATION of
this great mass of vegetable and
animal deposit, irom which our i
Petroleum, as we receive it from j
! the Oil Well, was made. However !
billions of tons of this deposit
was left intact,1 having, escaped;
from this distillation by reason
pf its being thrown up intq high(
hills or mountains owing to the'
bending of . the .Earth's -crust-This
latter is OIL .SHALE, and
this is the material we, must look;
to for our OIL supply of the fu
ture. ; The Rogue River valley is f or
' tunate in having an enormous
.body of OIL SHALE lying in its
mountains, which ' is extremely
rich in Oil and Gas, ; The devel
opment of this industry means a
new era of prosperity for the val
ley, and the community at large
is fortunate in having millions of
feet of gas waiting tp be utilized
for domestic purposes, at a cheap
rate.
RECOVERY OF OILS
The "Man of the Hour" ap-'
pears in EMANUEL W. HART
MAN, whose patented Reduetion-
i Retort for extracting the oil and
gas from the . Shale , l'ock, has
; startled our Government officials
and the far seeing, oil . men of this
: country,. Canada, - Scotland and
elsewhere.
", 'At least, by this process, the
great obstacle in the .way of the:
commercial ;. production , pf
SHALE OIL has been removed.
THE HARTMAN PROCESS
is automatic, fool-proof and con-,
. tinuous in its operation. It is
constructed on .correct scientific
principles, and produces the,max
imum amount of oil and gas from,
the Shale at an exceedingly low
cost.
THE RETORT is fed a steady
stream of crashed Shale through
a trap, which passes down on, to
the top deck where it is picked up
by a traveling agitator and car
ried, round the. complete circum
ference of the; first deck, being ;
then dropped through a slot on
to the second deck, again being
carried round in the same . man
ner to the point where it is drop;
ped through on the third deckh
and so on down through the ten
(10) decks to the outlet, where .it
comes, out in the form of Spent
Shale or. Fireclay-.
-As the SHALE passes over the
first deck (where the heat is from
300. to 400 decrees Fahrenheit)
to each succeeding deck, it is con
tinually tumbling over and over
by the traveling agitator as it
progresses from deck to deck the
heat increases until the tenth
deck is reached where the heat is '
, 1000 degrees Fahrenheit.
Every particle of oil and, gas
has been educed off instantly, in
tHe form of vapors by a vacuum,
and is precipitated by cooling in
the condenser, thereby being re
duced to liquid crude oil and gas.
, PRECAUTIONS FQR THE
FUTURE
The action of strong financial '
.organizations, such as the Stand
ard Oil Company, the Pure Oil
Company, the Carter Oil Com
pany, the Midwest Oil company
and the. W.. P- Hammon Organi
zation in this country ; the Anglo
American and the-Anglo-Persian
Oil Companies of London, Eng-;
land, , andt the" rVar Coal and Oil
Company of France, points uuer-
..ringly to the fact that these com
panies realize the future supply ;
of Oil must ,. come down the '
SHALES. . '
The Shale Oil ; industry has
been earned on in Scotland for
over sixty (60) years on a very
profitable . basis, which proves
that it is commercially economi-.
cal. :- .
Later on Leases or-Purchase
of Oil Shale lands will be diffi
cult to obtain to say nothing of
the Royalties that will have to be
paid. ; ' ,
The HARTMAN RETORT is
becoming more difficult to obtain
, every day and the'day is not very
tar distant when it will be impos
sible., to secure except on a high.
Rayalty Basis. '
object of the hartman
syndicate on the
pacific coast;
This Syndicate has been form
ed for the purpose of i -
Acquring Oil Shale Lands.
Extracting Oil and Gas from
Shale. "
Refining Oil for the nftirket.
. Cleansing gas for the market.
, Putting product on the market.
Representative for the HART
MAN RETORT West of the Mis
sissippi.
The Syndicate has . acquired
spine 3000 acres of Government
. land, on lease, in, Jackson county,
Oregon; which irom work done
on the property, . by means of
Open Cuts,' proves up a very
large tonnage of Shale of an ex
tremely rich quality.
We have also acquired by pur
chase other very rich land adjoin
ing the above.
At the .present date we have
sufficient acreage to . operate'
twenty (20) Hartman Retorts, of,
250 tons capacity each per day,
for one hundred years.
The yield of oil and "gas from
these lands will be enormous and
of a very high grade. The analy
sis shown further on. will satisfy
you as to this statement.
It is the intention 'to pipe the
gas from the plants so that every-
. mm .;i,.i,.i.,i i iiiiiiiiiiiiiiiiiiiiiimiiiiiiiiiiiiiii mmmmmmmmmmmmmmmmmtt.
THE HAHTMAX KirrOISX AXO ITS IXVEXTOR
SUMMARY OF PROFITS '
OUTPUT OF RETORT PER DAY, 250 tons of.
Shale at two (2) barrel per ton (average of Shale, on,
Syndicate holdings) 500 barrels. At 42 gallons per
baiiel 21,000 gallons of Crude Oil per day.
,.011
Gasoline
Kerosene
Oil
Gnsollno
. Kerosene
Lubricating
..Per cent.. Gala. Day Gals. Day
Dally Crude Refined :
Output Oil OH
O 2!,MX )HM
an 21,(hhi , sum
' 4C - 21,000 . 8400
Gross
Earnings t
$ 5T-00
t.fl.moo
lO.OHO.OO
. $12,285.00
Maintenance .
Operating
Expenses, 18
. tHI.Ttt
lO.l.Htt
' 1 ,008.00
Market
Value
Per Oat
, .
.20
1.20
Net
Earnings
$ - 510.30
1,474.20
0,0-72.00
, ll,n.30
TOTAL NET DAILY PROFIT $11,056.50
However, to be conservative cut this figure in half,
which would mean that the profits from one Retort
would be $1,190,170.60 yearly.
We are offering the. public a limited number of
shares of common par value $10.00 a share, fully paid
and nori-assessable. ,
The proceeds from the sale of stock offered at this
time will be used in paying for the first Hartman Re
tort of 250. tons daily capacity; for the purchase of,
equipment, building road and installing pipe lines
for oil and gas. .
'. Should it be necessary to sell anv additional stock
for the erection of succeeding units (which is not
probable, it will unquestionably be sold at a very
much higher figure.
For further information address,
Hartman Syndicate of the Pacific Coast
29 First Street, Ashland, Oregon.
MANAGEMENT
The vital factor of a successful
business is the men at the helm.
The officers of this Syndicate are ;
, men of . experience in the Con
tracting, Engineering and. Gen
eral Merchant industries. The';
have their own money invested
in the enterprise the same as any )
other investor. ;
SUBSCRIBE NOW!
Get in on the Ground Floor
one will be able to use it for do
mestic purposes and at such u
rate that it will be within the
bounds of economical use.
We intend to proceed immedi
ately with the erection cE. One,
Retort and from, profits to con-,
tiuue.ou with the.et'ectiou of oth
ers until we have a battery of
from ten (10) to twenty (20) .cm
the properties; at the same time
a pertain percentage uE the
profits will be set aside for DIV
IDENDS. . At the present time we are sur
vaying a road into the property
and on completion of this survey
we hope to ..start .construction
immediately!
We are also locating the route
over which the pipe line will
come and, the gas main. Wc are
fortunate that our system of pipe
lines' will all be on a grade in fa
vor of the flow towards the rail
road, thereby doing away with
having to pump the oil.-.".
ANALYSIS OF JACKSON i
' COUNTY SHALE ON .
SYNDICATE HOLDINGS .
FALKENBURG & COMPANY
. Chemists, Engineers.
Seattle, Wash., June 28, 1922.
. Certificate No,
Mr. W. H. Hartman,
Ashland, Ore.
Dear Sir: '
WE HEREBY CERTIFY
That we have analyzed sample of
SHALE OIL SUBMITTED TO
US BY YOU WITH RESULTS
AS. FOLLOWS :
DISTILLATION
Bellow 1&& (leg. C. &Gasoline
lafl to 200 deg. C. U f
200 to 250 de&.-fc. 12?i! Kerosine 39
250 to 30tt deg. C.-lSf
S00 to 400 deg. C 40'Lubrleatlng Qua
. Above iOO deg. C,
Specific Gravity on crude oil
.922 at. 60 deg. ;F., which .is:
equivalent to 22.0 deg. Daume.
Specific Gravity at ,60. deg. F
of lubricating oils .944,. which is;
equivalent to 18,3 deg, Baume,
Viscosity on lubricating; ciils,1
35. seconds Say bolt at 212 deg, F. ,
Respectfully submitted,
Fajkenburg & Company, , ,
Signed) ; a W, C. Loird
OPINIONS ON THE HART
MAN RETORT
The following opinions of men
well known in the oil. world. are.
worthy of, your attention;
SHERMAN GASOLINE COR
PORATION, 1630 Broadway
New York.
December 24, 1921."
Mr. IL C. Ilerrick,
611 Mutual Life Bldg.
Buffalo, K.Y. .
Dear Sir;
My reeent visit to Buffalo , to
look into the' possibilities of the
HARTMAN RETORT ,f b the
extraction of oil : from shale, and
oil bearing sands leads me to say
to you that I have examined
many processes, some directly
and some by merely going over
the plans. ' I have in the past con-!
demned every one of them as
either impractical or uneconomi
cal,, principally the latter cause.
iTbe - extraction , of oil from
. shlf is verv siiwtIp. bsit. f o. do it
I along economical lines is entirely
another matter.
The HARTMAN PROCESS
from my knowledge of the, oil
business, leads me to say that I
. believe it to be the last .word. i
:, this industry; by . this, L mean
that I do not believe it can be nn-,
proved upon other than perhaps
hi the lino of building larger Re-J
torts to get gi'eater capacity in.
tme unit.
1 cannot sec anything but ft
tremendous future for this line
of business with the HARTMAN'
RETORT properly installed, and
I believe that will ultimately
produce a revolution in the oil
business as we know it today.'
Yours truly,
(Signed) Geo. B. Gifford.
Note:
Mr. Giffovd was with the
Standard Oil Company for thirty
years. He was- General Manager
and Chief' Engineer of the Bay
smiH Refining Plant, of the
Standard Oil Company, this is
tlie largest plant of its kind hi
the world,, having a daily capac
ity .of 100,000 barrels. His repu
tation is world wide and this
statement can very easily be
verified. - ,
Mr. ififfurcl is now head of the i
Universal Shale Products Cor-
poration, New -York; also Presi- .
dent of the Sherman .. Gasoline :
Corporation.
THE DEVON OIL SHALE
PRODUCTS COMPANY,
1 Cmrinnatv Ohio .
. September 19, 1921. ?
Miv D. Laurence Heeter,
. -281 Union Amtde BIdg.,
, Pittsburg, Pa.
i Dear Sir: .'
: ' Dining the last two years and
a half that I have devoted to the ,
Shale industry,, 1 have made it a
special point to either personally -see
.,' or .otherwise , investigate
eyery apparently worth while
retort that has , been brought ; to r
my attention.
I have covered the ground iii
' person between New York City
in the East and De Beque Colo-
1 rado, in the, West, in the course
of my investigations, but never
until last Friday, did I find what !
I considered to be a real, praeti-r
cal, commercial. . Shale Retort. :
Most designers seem to entire-,
ly forget the theoretical require
ments for. the education process '',
necessary to produce an OIL OF
GOOD QUALITY. As a conse
quence a gunuiiy, burnt oil full at.
unsaturated hydrocarbons is
prbdttced, which might - at the1'
very best make a good dust layer
for automobile roads, - or if by
chance their retort happened to
make good oil, there was a. me-
. ehanieal ( complication that for- ;
ever prcyentect it being a practi
cal proposition
My recent thorough inveetigar . '
tion of the HARTMAN RE
TORT, convinces ,me that .it is :
the ultimate in retort design and
construction. ' It will nnqnes
tionably produce an , oil of yery
high grade, it will do it easOy
,'jand rapidly and the mechanical
design of it gives . a , inaehine .
.which once started will run con-
tinuously with minimum atten- '
tion. ' , . . .. -.i
f Though we have already spent
several thousand dolalrs in the
partial const met ion of a retort of
another type on our proyerty at
Clay City, I shall tomorrow rec
ommend to my Board of Dtree-
. tors that we abandon that retort '
and adopt the HARTMAN PRO
CESS.; I believo that I will, be
able to convince them ancL. if so .
yoUiiaay expect Mr. Dean, our
General Manager, and myself at
your office in the immediate fu
ture to complete '''arrangenients ;
, whereby , we can use your sysr
tenu .Respectfully yours, - :,
(Signed) S. E. Barnwell, .A
' , Chief Enginejtr.
This company is at present :
erecting four Hartman, Retorta '
inKenttteky. ; -
tit