 Oil-field roughnecks Kenny Blake (Wayne Morris) and Hank Mason (Preston Foster), on a drinking spree with Betsy Abbott (Dorothy Patrick), buy a piece of worthless oil land from con-man Jim Tolman (Emmett Vogan). Cappy Groves (Paul E. Burns), a diviner, locates oil on the property and Betsy arranges to rent drilling equipment from Tolman, with a stipulation that if oil isn t struck within sixty days, the property lease reverts to Tolman.