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Sign up freeThe Petroleum Centre Daily Record
Petroleum Center, Venango County, Pennsylvania
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A meeting of oil producers in the 11th District at Grant & Wilson Club Room discussed shutting down pumping wells for 40 days. Chairman F. J. Keffer and others expressed skepticism due to unfulfilled past agreements, while pledging cooperation for the region's good.
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A meeting of the producers of the 11th District, was held at the Grant & Wilson Club Room, last evening, which was quite largely attended.
On motion, F. J. Keffer was elected chairman of the meeting.
The chairman in a few words stated the objects of the meeting to be an expression of the views of the producers in regard to the shutting down of pumping wells for the ensuing forty days, and invited those present to give their ideas on the subject.
Mr. L. P. Walker said, that as Chairman of the District Committee, he had been requested to call this meeting by the President of the Producers Union, and that he would like to hear from all present.
The chairman stated that as an individual he was opposed to signing any further pledge. For one he had already signed several documents, the agreements contained in which had never been fulfilled, and he was not prepared to vote for or against the proposition to shut down until he was fully satisfied the producers were acting in good faith.
Capt. Powers agreed with the chairman, and thought the lower district had not acted squarely towards the Creek producers in the matter of a suspension of drilling for six months.
Mr. Walker stated that he could not shut down his wells without damaging them beyond repair, still he stood ready to do anything that lay in his power for the general good of the region.
Some further remarks were made by different producers, after which the meeting adjourned until further news was heard from the lower region.
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Location
Grant & Wilson Club Room, 11th District
Event Date
Last Evening
Story Details
Producers met to discuss views on shutting down pumping wells for 40 days; chairman opposed further pledges due to unfulfilled agreements; Capt. Powers noted lower district's unfairness; Walker ready to cooperate despite well damage risks; adjourned for news from lower region.