This psychic reading given by Edgar Cayce at his office, 115 West 35th Street, Virginia Beach, Va., this 25th day of April, 1927, in accordance with request made by Mr. M. B. Wyrick.
P R E S E N T
Edgar Cayce; Mrs. Cayce, Conductor; Gladys Davis, Steno.
R E A D I N G
Time of Reading Bosque County, 4:45 P. M. Eastern Standard Time. Texas.
1. GC: You will have before you the well that has been drilled on the lands of Madison Byron Wyrick in Bosque County, Texas. You will give the conditions of this well at the present time, and the possibility of doing anything more with this hole. Would it be advisable to drill another well? If so, how and where will it be financed, and where should it be located?
2. EC: Yes, we have the well as was drilled here. This we have had before.
3. The possibility of making the present operations a producing well, under the circumstances as exist at present, is little; yet this may be accomplished by the continual pounding or drilling right beside the present hole, were the casing removed from the hole.
4. The better would be to locate at the place as first given, [See 4905-1 and 4905-2] some fifty (50) yards from this present hole.
5. The financing of same would be a question, until the circumstances and conditions as have surrounded the present operations were fully and completely known and understood. Then there might be gathered sufficient funds, with the present acreage holdings and the tools as are on the site, to complete another well here - for, as has been seen, there are sufficient indications that there could be no question of the hole being made a PRODUCING territory, were the hole drilled.
6. These operations may be financed in St. Louis, Tulsa and Ardmore, and in New York and Chicago.
7. In Ardmore, such as are seen in Purdue.
8. In St. Louis, those that have already been interested would, within their own selves and those that are near to same, assist in such financing.
9. In Chicago, all those that have been interested in same would be in the re-financing for continued operations.
10. We would not give up the project for oil and gas will be produced in this territory at much less depth than was drilled in this hole, as has been thoroughly illustrated or
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demonstrated by that as has happened in these operations.
11. DO that. Follow these out. These are worth while. We are through for the present.