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January 3rd, 1945 R G.L.R., I personally do not the Venezuela Syndicate, Inc., however, the acre they describe very definitely is in a productive area which I understand now is being developed by Gulf, Texas, Sinclair, and possibly Creole. If you wish I will drop a confidential note to a friend of mine in Caracas and see what he can tell us about this outfit. The Ziula acreage is in an area controlled by Shell and they have been doing a great deal of work trying to extend proven fields. Let me know if you want me to try to get further information. E.R.S. ERS/eab,