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Show Page 6 OIL & MINING JOURNAL June 30, 1969 Financing sought Atomic Mining tells plans to buy implement company In a letter to stockholders, Atomic Corporation proprietor of u recent garage sale says that if he had known there was The idea of compulsory retirement is stirring up so much demand for all that old junk hed have held onto it. resentment as the idea of The almost as much compulsory work. The A friend who cats syrup on his cornflakes really doesnt like it all that Neighborhood l much is ordering one of those personalized welcome mats with the motto Not at Home. much, hut says he plans to live to he 100 and wants something newsworthy to attribute his longevity to. The deadliest insult if for a woman to borrow a friend's recipe and A scenic beauty expert prove on it. says that men are worse lilterbugs than women. Maybe because when a woman wants to throw something away she hands it to her husband. About all we know about fashion is that if a style is ugly enough it will eventually be revived. The living cost index shows that April was one of the most expensive months in history, and frankly it wasnt worth it in many parts of the country. The college rebel down the block says he has nothing in common with his father, who doesn't even know how to make a Molotov cocktail. There wasn't much bribery in the old home town, mainly because there was very little anybody could do for you there even if you The Little League is a wonderful training. Never in his life will the ace er of the Tiny and Tigers pitch a a-g- aln left-hand- no-hit- ter lost 16 im- paid them. to IS. and Mining has Oil announced plans to acquire the manufacturing facilities of Even Ralph Nader can't Man now has come within nine miles of the moon, which is pretty near, but to traffic safety caused by the long, long fly ball as reported by the car radio on a blind corve. are still summer when it looks so nights close you feel as though you could reach up and there touch it. American and Russian astronauts use the same brand of ballpoint pen. Well, its not much, but the journey toward international unity has to start somewhere. manufacturer established implements for over 30 years, maker of farming implements, primarily chisel plows. The contract calls for a total sale price of $1.25 million in the form of cash, notes and the assumption of certain liabilities, according to Wilburn L. Stevens, vice president of Atomic Mining. farming currently employs approximately 50 persons and distributes its products through over 600 dealers in llie United States and Canada. Net sales of Graham Plow during the previous five years have averaged in excess of a Weston said. Early in January of this year, Atomic Mining acquired the assets of Kuper Oil and Kuper Drilling Company of Abilene, Texas for 1,870,000 shares of Atomic Mining Common Stock. The assets included two drilling rigs, five trucks and trailers and 12 producing oil and gas wells located on 2,815 acres in Taylor and Runnels counties, Texas. $2,300,000, He said Mr. Stevens to according transaction is scheduled to be closed within 90 days after May 24, 1969, subject to certain contingencies, including the securing of additional financing by Atomic Mining. He said the Graham Plow facilities would be operated by a division of Atomic Atomic Mining will seek to provide for maximum utilization of present plant facilities of Graham Plow by striving for realization of the full sales potential for Graham Plow products. Minor mechanical alterations of plant presses and No Globe Minerals, Inc. names new president Stevens said Holes David Barred Minerals Drilling, lnc.y ready to take on is your hole drilling pro- blem, whatever it is and wherever it is . . . answer. What is your problem? Core sample drilling? Wireline diamond drilling? Foundation and rock drilling? Petrographic analysis? Conn, an veteran in the oil business, has been elected president of the Globe Minerals, newly-forme- d Utah a Inc., corporation. He succeeds Charles Foote, who resigned as president but will remain on the board of directors as vice president. 18-ye- ar Conn spent two years with British American Oil Co., in Dallas for the last seven years. He has since been employed by Shell Oil Co. in Salt Lake City and is a member of the American Association of Petroleum Landmen. Conn said his firm, which recently announced discovery of a per day oil well in 576-barre- ls Among letters an old grad will never get is one from his alma mater reporting that the school now has all the money it needs. and Company. of lathes are planned in order to begin manufacture of various parts for compressors used in oil field operations, Mr. Stevens the Mr. Whatever it is, call in Minerals Drilling, Inc. They can handle your whole-borin- g Can you Imagine millions of Americans yelling for a surtax? Thats like going to a burlesque show and yelling Put it on! Put it on!" state of Texas under the name of International Atomic Mining and Oil Corporation. Graham Plow has been a Graham Plow, Inc., an And come up with an do anything about the threat Mining to be established in the At a recent board meeting Joshua S. Cosden Jr., a second generation member matter where it is. County, Wyoming. Sinclair Oil No. INVEST WITH OUR OVER-THE-COUNT- MARKET SPECIALISTS ER Min- erals Drilling, Inc., operates on a national and expanding international scale. Their equipment, experience, expertise, personnel and knowhow are at your disposal. Call Minerals Drilling, Inc. 2000 Univ. Club Bldg. 136 L South Tempi Phone: I I i Las Vegas .1721 L Charleston Blvd. Phono: 3B4-29- 95 364-197- Minerals Drilling, Inc. OFFICES: 2050 University Club Building 136 East South Temple Salt Lake City, Utah 84111 370 Parker Avenue Ely, Nevada 89301 Salt Lake City 1 Provo 163 N. Univ. Ave. Phono: 7 374-825- (702)289-212- 6 2227 River Road Missoula, Montana 59801 (406) 549-462- 2 Braad ifficoi: HO W. 1M St, Mato Fatts, Mato 2 Mr. Conn said. The Arizona well, No. 3 Navajo E, was spudded May 17 and completed June 12, Mr. Conn said. The wells total depth is 5,173 feet, and its initial production rate was 576 barrels of oil per day of 40 gravity oil from the Desert Creek and Akah formations, he said. Sheridan-Federa- l, Inc. Lake Stock Exchange The Wyoming well will be developed on a farmout from U.S. Smelting, Refining and Mining Co. It is located on the southwesterly edge of Bellcreek Field immediately south of INVESTMENT SECURITIES Members Salt a Apache County, Arizona, also plans to drill a 6,700 foot Minnelusa test well in Campbell requirement. No holes barred. No of prominent oil industry family, was elected president and a director of Atomic Mining, Mr. Stevens said. S41I Wsstara Am., Baba, Mato |