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Show Oil Drilling In Duchesne City Promised If Titles Cleared The Duchesne townsite, now bordering production but for some time overlooked by the "wise money," will get a test well as soon as titles are cleared clear-ed and the few remaining non-signers non-signers have joined in the com-munitized com-munitized lease, according to Coleman H. Mulcahy, independent indepen-dent operator of Salt Lake City, lessee of the townsite. Mr. Mulcahy Mul-cahy recently negotiated the drilling deal with a large eastern east-ern company represented in this transaction by Quintin Mitchell of Denver, Colorado. A considerable leasing project commensed over a year and a half ago by Mr. Mulcahy and James M. Dunbar, Jr., lease broker of Salt Lake City, town-site town-site owners have pooled their acreage under the communitiza-tion-type lease. The work was locally assisted by Edwin Car-' man and Grant Murdock. By virtue of the lease terms, all signers will, " in the event of production anywhere within the , townsite, receive royalty in the I proportion that their mineral I interests bear to the total leased acreage. Should the first well be productive, pro-ductive, a development program based on whatever spacing pattern pat-tern is eventually sat for the field, has been contracted for by the company taking over the lease. Subsequent wells would be drilled 180 days apart, subject to marketability of the oil. Title work is currently being j prosecuted by the Stanley Title I company of Heber. i . . . |