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Updated: July 13, 2025
"My humble offer therefore is," continued Timar, laying a folded paper on the table, "to rent the Levetincz estate for ten years at the price paid by the sub-lessees namely, a gulden an acre." "Very good." "The new tenant will already have lost a year, for it is November, and all the fields are lying fallow.
Bennet and Hatch, the sub-lessees of one sub-lot, struck the largest producing well yet found in the oil region the Empire, a three thousand barrel well, which is estimated to have produced no less than six hundred thousand barrels of oil and the whole farm is estimated to have produced two millions of barrels.
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