Hoppy and his pals use their reward money to buy a half interest in the Whitlock ranch. After Wildcat Kelly cons California into buying a well drilling rig, they strike water instead of oil. This threatens Jebb Hardin's water monopoly and he retaliates by framing Hoppy for cattle rustling.
Colt Comrades
While oil drilling, Hoppy and California discover an underground well - a potential threat to Jebb Hardin's monopoly on water in the region.
