Business & Finance: British Reality

After spending $250,000 drilling for oil in England, Anglo-American Oil Co., Ltd. recently opened a promising field at Dalkeith, ten miles from Edinburgh. Last week Anglo-American made its first shipment (2,000 gal.) from Dalkeith to its refinery at Purfleet on the Thames. It took the biggest “shot” ever exploded in the British Isles, over 500 lb. of gelatinous nitroglycerin, to bring in the new Scottish field. Result was the biggest yield of oil thus far struck in the British Isles; at 750 feet the yield of one well is a modest 10 bbl. a day. Usable in Diesel engines without refining, the oil yields 12% gasoline, 12% kerosene.