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Show OIL & MINING JOURNAL Page 4 September 2, 1969 Refinery to process oil sands The initial units of what promises to be the United States' first commercial refinery of bituminous sands has moved out of Salt Lake City, bound for 40 feet long, the refinery equipment will be barrel of oil per yard of sand, Brimhall said. He said he did not know when the plant will be in full production. The operation will employ about 20 persons. The extraction plant will be moved to the mine site which has not yet been determined. The company owns some sand lands outright and has leases on other tracts. We estimate that we have proven reserves of over 132 million barrels, said John B. Fairbanks Jr., president of the Salt Lake City firm. We are extraction plant will negotiating for additional Roosevelt, Utah. Loaded on two flattrack semitrailers unloaded and set up at the new plant site on UJS. 40 west of Roosevelt, Ray Brimhall, board chairman of Major Oil Co., told Arnold Irvine, Deseret News Business Writer. We expect that the oil be operating within 30 days, Brimhall told Irvine. He explained that the extraction plant has been operating on a trial bases in Salt Lake City. Weve been trucking in the raw bituminous sand in sufficient quantities to make studies on actual production runs. Capacity will be 1 ,000 barrels a day. We will recover about a How would you like a dividend check Each Month? For $3,000 or more, you can receive a check each month, in from amounts, varying investment your account. Your money ' will be spread over more than 250 selected American companies. property, he added. The sand will be mined by MAJOR OIL CO. PRINCIPALS Ray S. Brimhall and John B. open pit methods. The crude oil Fairbanks check refinery equipment on way to Roosevelt, Utah. will be extracted at the mine site Company lias process to refine petroleum products from bitumithen trucked to the refinery at nous sands. Roosevelt. He said Major Oil is currently Upwards of 40 per cent of dont plan to produce gasoline at plant in Canada refining the our production will be road oil, present. Athabasca sands makes a 55 per negotiating with some large oil said Brimhall. The balance will Weve developed a special cent recovery. Our process companies that have holdings in be diesel distillate and burner process which makes the best makes a 95 per cent recovery on the Uintah Basin to do oils for commercial heating. We recovery that we know of. A the same sand, Brimhall said. processing of oil sands for them. Wyo. oil find sparks land rush of JACKSON, Wyo an oil discovery in northwest Wyoming have sparked a grab for oil and gas exploration rights that one Oklahoma oilman describes as the biggest land grab Ive ever seen. Word that . Shell Oil Co. wildcat had struck oil in southeast Teton County recently began leaking out. A week ago Petroleum Information, an oil is has been deluged with reports from holders of federal leases industry publication, confirmed the report. who have sold their oil and gas rights. A BLM spokesman said figures on the acreage involved would not be available because of a backlog in recording Oil man and rancher Chuck Landers of Collinsville, Okla., said prices for government leased oil and gas rights, previously leasing at 50 cents an acre, are being sold by their holders for upwards of $100 an acre. on the lease changes-of-han- ds ownerships. Landers, who went over the reports filed with the BLM said In Cheyenne, the Bureau of Land Management office reports 23,000 acres changed hands a week ago Monday, 74,786 acres Tuesday, and 17,660 acres Wednesday. A BLM spokesman said reports from lease holders involving additional acreage have come in since. The discovery was in the Tertiary formation with oil and gas recoveries at between 2,216 and 2,964 feet. J. UNO INC. S. 150 S. 6th E.. S.L.C.. UTAH 84102 SUITE 10-C PHONE (801) 328-989- 1 Pleese send me suggested menlMy income program for a investment. Nome Mining 'Necessary, says Jordan R-Ida- a moderate approach in developing Address Idahos' mineral resources, suggesting that banned. turn the government cannot calendar back in such situations as that in the White Cloud Mountains. No Holes Barred Minerals Drilling, Inc. is ready to take on your hole drilling problem, whatever it is and wherever it is. And explored for minerals and have would be subject to controls, broken no laws. but would not be prohibited. He said he believes the best Weve still got to have approach is that taken in the bill, already passed by the minerals, Jordan said, and we Senate, which would include the do not always find them in the White Clouds in the Sawtooth desert where it wont do National Recreational Area. violence to what somebody Mining development in the area believes is scenic. Several firms have exploratory projects under way in the White Clouds, northwest of Sun Valley, and conservationists have urged that all development be BOISE, Idaho Sen. Len B. has advocated Jordan, We cant, he said, penalize people who have come in and Colorado okays 3-w- Merger ay The other companies are Rex Uranium, Farmington, N.M., which holds uranium leases, and Montana Land and Exploration Co., Billings, which is engaged in Merger of Universal Industries, Inc., Salt Lake City, with two other firms to form a Inc.-h- as new company-Unir- ex, been approved by the Colorado Secretary of State's office. oil exploration. Universal Industries is principally involved in silver smelting. Unirex, headquartered Denver, is headed by Lawrence Baker Jr., a geologist who is also president of the Natomas-owne- d Independent Indonesian Oil Co. come up with an answer. STOCK TRANSFER Friendly service on all transactions In by 10 a.m. - Out by 5 p.m. 2050 University Club Building 136 East South Temple Salt Lake City, Utah 841 1 1 P.O. Box 940 Ely, Nevada 89301 6 (702) 2227 River Road SECURITIES EXCHANGE 4788 So. State Street 289-212- is,m. 801-262-55- 66 A 1 b u q u e r q .u. e secretary-treasure- r. Salt Lake City 2000 Univ. Club Bldg. 136 L South Temple Phone: 3641971 my Salt Lake City, Utah 84107 Call and W.A. Thompson INVEST WITH OUR MARKET SPECIAUSTS OVER-THE-COUNT- iORPORATE OFFICES: vice presidents; N.T. Tripple Salt Lake City, vice president midCmnpatrs.hc. INVESTMENT SECURITIES Members Salt Lake Stock Exchange SERVICE Drilling, Inc. are Donald Todd and Robert Brill, Denver Weston Fast Efficient Minerals in Other officers . Jg las Vegas 1721 E. Charleston Blvd. Phone: 5 V 384-299- Provo 163 N. Univ. Ave. Phone: 7 374-82S- |